Parent Replacement Options definition

Parent Replacement Options means the options to acquire Parent Shares to be issued in exchange for Company Options pursuant to this Plan of Arrangement;
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Parent Replacement Options has the meaning ascribed thereto in the Plan of Arrangement;
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Parent Replacement Options means those options to acquire shares of Parent Common Stock to be issued at Closing in exchange for Rollover Options.
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Examples of Parent Replacement Options in a sentence

  • The number of shares of Parent Common ----------------------- Stock subject to Parent Replacement Options for each optionee shall be equal to the number of shares of Parent Common Stock subject to unexercised Parent options held by such optionee on the Spin-Off Date.

  • Subject to the occurrence of the Effective Time, Parent shall take all corporate action reasonably necessary to reserve for issuance a sufficient number of shares of Parent Common Stock for delivery upon exercise of the Parent Replacement Options pursuant to the terms set forth in Section 1.1(c)(v) and this Section 6.6.

  • The Parent Replacement Options will be granted under, and subject to the terms of, an option plan of Parent, which shall be approved by the shareholders of Parent and by the TSX Venture Exchange and/or the Toronto Stock Exchange, as applicable.

  • The per share exercise price of ------------------------------- Parent Replacement Options shall be calculated by multiplying the per share exercise price of each grant of Parent options prior to the Spin-Off by a fraction, the numerator of which is the difference between the Parent Stock Value and the PG&E Stock Value, and the denominator of which is the Parent Stock Value.

  • The former holders of Company Shares and Company Options shall not be entitled to any interest, dividend, premium or other payment on or with respect to the Company Shares and Company Options other than the certificates representing the shares of Parent Common Stock, in the case of Company Shares, or Parent Replacement Options, in the case of Company Options, which they are entitled to receive pursuant to this Plan of Arrangement.

  • On the Closing Date, the --------------------------------- Company will deliver to Parent an annotated copy of Section 2.2 of the Company Disclosure Schedule, certified by an officer of the Company, showing (i) all Company Stock Options that have been granted since the date of this Agreement, (ii) all Company Stock Options that have been exercised since the date of this Agreement and (iii) all Company Stock Options that shall be cancelled in exchange for Parent Replacement Options pursuant to Section 1.11.

  • The parties agree that the Arrangement will be carried out in such manner as to ensure that all shares of Parent Common Stock and Parent Replacement Options issued upon completion of the Arrangement to holders of Company Shares and Company Unexercised Options, as the case may be, will be issued by Parent in reliance upon the exemption from the registration requirements of the Securities Act provided by Section 3(a)(10) of the Securities Act.

  • Pursuant to section 14 of the Parent Long-Term ------------------- Incentive Plan ("Parent LTIP"), all outstanding stock options issued under the ----------- Parent LTIP will be converted as of the Spin-Off Date to options to buy shares of each of Parent Common Stock ("Parent Replacement Options") and PG&E Common -------------------------- Stock ("PG&E Replacement Options").


More Definitions of Parent Replacement Options

Parent Replacement Options has the meaning set forth in Section -------------------------- 11.01(a) of the Master Separation Agreement.
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Parent Replacement Options means options to purchase Parent Consolidated Shares.
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Related to Parent Replacement Options

  • Parent Options means options to purchase shares of Parent Common Stock from Parent (whether granted by Parent pursuant to the Parent Option Plans, assumed by Parent or otherwise).

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Benchmark Replacement Date means the earliest to occur of the following events with respect to the then-current Benchmark:

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Benchmark Replacement means, for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer, director or advisers for services provided to the Company in their capacity as such.