Examples of Option Withholding in a sentence
Subscriber is entitled to receive the Company Stock Option Consideration pursuant to Section 2.2(c)(i) of the Merger Agreement, net of applicable Taxes required to be withheld with respect to such amount (the “Stock Option Withholding Taxes”).
The term "Option Value" means, with respect to each Option, an amount equal to the product of (a)(x) the Per Share Amount, minus (y) the per share Exercise Price of such Option, multiplied by (b) the number of shares (or fractions thereof) of Converted Stock represented by such Option; provided, however, that the payment with respect to each Option shall be reduced by the amount of Option Withholding attributable to each such Option.
You further acknowledge that you have read and specifically and expressly approve the following provisions of the Option Terms: Exercise of Option, Withholding Taxes, Termination of Continuous Status as an Employee or Consultant, Term of Option, No Rights to Continued Employment or Service, Nature of Grant, Governing Law and Venue; Language; Appendix; Imposition of Other Requirements, and the Data Privacy Notice in this Appendix for Italy.
The Committee may give no effect to any Option Withholding Election.
The Letter of Transmittal for each Holder who acquired shares of Company Common Stock pursuant to the exercise of an Option (whether pursuant to such offer or otherwise, at any time) shall provide that all amounts payable to the Company under Option Notes shall be paid and withheld by Parent (together with any other amounts required to be withheld by applicable law upon such exercise ("Option Withholding Amount")) from the Merger Consideration otherwise payable to such Holder on the Closing Date.
The Purchaser shall pay to the Company at the Closing cash in an amount equal to the aggregate Option Withholding Tax with respect to the Option Exercise by all Optionholders, and the Company shall (and after the Closing the Purchaser shall cause the Company to) timely pay such amount to the applicable taxing authorities.
A Stockholder's or Option holder's "Pro Rata Portion" shall be equal to the quotient obtained by dividing (x) the sum of the amount payable to such Stockholder pursuant to Section 2.5.2(a) of this Agreement plus the amount payable to such Option holder pursuant to Section 2.5.2(b) of this Agreement (which amount shall include the amount of any Option Withholding attributable to such Option) by (y) the Aggregate Payment Amount.
THE FIVE-NUMBER SUMMARY The five-number summary of a data set consists of the smallest observa- tion, the first quartile, the median, the third quartile, and the largest obser- vation, written in order from smallest to largest.In symbols, the five-number summary is These five numbers offer a reasonably complete description of center and spread.
If you want your own lawyer to appear and speak at the hearing on your behalf, you must also state in your written objections or comments that you intend to have your lawyer appear and speak for you, and list the name, address, and telephone number of your lawyer.
Without limiting the generality of the foregoing, Buyer shall procure that the Company shall account for and pay the Option Withholding Amounts to the relevant Tax authorities and other relevant entities for the benefit and on behalf of the relevant Sellers, in each case as soon as practicable following the payment of the Subsequent Closing Purchase Price and at the latest within the applicable statutory time limits for such payments.