Optionee Shares definition

Optionee Shares means shares of Common Stock which are issued by the Company pursuant to Section 5, below.
Optionee Shares means common shares in the capital of the Optionee;

Examples of Optionee Shares in a sentence

  • The Company shall cooperate to the extent reasonably possible with the Optionee in an exercise pursuant to which all or part of the Optionee Shares will be sold simultaneously with the exercise of the Options with the broker-dealer participating in such sale being irrevocably instructed to remit the proceeds from the exercise of the Options to the Company upon settlement of the sale of the underlying Option Shares.

  • The Company shall cooperate to the extent reasonably possible with the Optionee in an exercise pursuant to which all or part of the Optionee Shares will be sold simultaneously with the exercise of this Option with the broker-dealer participating in such sale being irrevocably instructed to remit the proceeds from the exercise of the Option to the Company upon settlement of the sale of the underlying Option Shares.

  • At the time an Option is exercised by the Optionee, the Administrative Committee in its sole discretion, may permit the Optionee to pay all such amounts of tax withholding, or any part thereof, by transferring to the Company, or directing the Company to withhold from Shares otherwise issuable to such Optionee, Shares having a value equal Administrative Committee at such time.

  • By: Optionee: Shares: shares of Common Stock of Neuronetics, Inc.

  • Except as expressly provided in this Option Plan, or as expressly provided otherwise in the stock option agreement executed by any Optionee, Shares may not be Transferred in any manner, Voluntarily or Involuntarily.

  • Unless the Company shall permit another valuation method to be elected by the Optionee, Shares used to pay any required withholding tax shall be valued at the average of the high and low trading price of a Share as reported on the New York Stock Exchange on the date the withholding tax becomes due.

  • The Company makes no representation or warranty as to the future market value of the Shares or with respect to any income tax matters affecting the Optionee resulting from the grant or exercise of an Option and/or transactions in the Optionee Shares.

  • In addition, at the request of the Optionee as set forth on his or her executed exercise form, the Company is authorized to settle all or part of any Option by delivering to the Optionee Shares having a fair market value (determined under the Plan) equal to the product of the excess of the fair market value of one Share (determined under the Plan), over the Option exercise price, multiplied by the number of Shares with respect to which the Optionee proposes to exercise the Option.

  • In addition, the Optionors hereby also acknowledges and agrees that the within obligation of the Optionee to issue the Optionee Shares will be subject to the Optionee being satisfied that an exemption from applicable registration and prospectus requirements is available under the Securities Act and all applicable securities laws in respect of each of the Optionors and the Shares.

  • No representation or warranty of Optionee with respect to the Shares or the Optionee Shares contained in this Agreement, and no certificate furnished or to be furnished to Owner under this Agreement, contains or will contain any untrue statement of a material fact or omits or will omit to state a material fact necessary in order to make the statements contained herein or therein not misleading in light of the circumstances under which they were made.


More Definitions of Optionee Shares

Optionee Shares means Shares subject to an Option granted pursuant to this Plan.

Related to Optionee Shares

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Optionee means an Employee or Consultant who receives an Option.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Optioned Stock means the Common Stock subject to an Option.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Management Stock means Capital Stock of the Company or any Parent (including any options, warrants or other rights in respect thereof) held by any of the Management Investors.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.