Examples of Outstanding Stock Option in a sentence
In the event that any Outstanding Stock Option or Award under this plan for any reason expires or is terminated, the shares of common stock allocable to the unexercised portion of the Stock Award or Option shall be available for issuance under the Palomar Enterprises, Inc.
Outstanding Stock Option grants that are not otherwise exercisable as of the date of death will vest and become exercisable in a pro-rata amount, based on the ratio that the number of full months of employment completed during the Stock Option's vesting period, from the date of grant to the date of death, bears to the number of full months in the Stock Option's vesting period.
The intent of the Parties is that the offering by PG&E and the election by customers of the Self-Balancing option will not adversely affect the availability, reliability or cost of bundled balancing, nor will it cause an increase in the frequency of OFOs or EFOs. As provided in Section 2.1.3.8 below, the OFO Forum will monitor these effects, and meet to discuss and resolve concerns if such adverse effects occur.
In connection with the distribution, all outstanding options to purchase Existing Patriot common stock will be adjusted as described in “The Separation – Treatment of Outstanding Stock Option Grants.” Director Number of Securities Underlying Unexercised Options Option Exercise Price ($) Option Expiration DateLuke E.
RIMG will use reasonable efforts to ensure that each Outstanding Stock Option and Outstanding Warrant, to the extent it qualifies for special tax treatment prior to the Effective Time (including, without limitation, Section 422 of the Code), will continue so to qualify after the Effective Time.