Per Option Consideration definition

Per Option Consideration has the meaning set forth in Section 1.2(a).

Per Option Consideration has the meaning set forth in Section 4.6(a).

Per Option Consideration means an amount in cash with respect to each Company Share underlying a Vested Company Option or a Vested Promised Option, as the case may be, equal to the excess, if any, of the Per Share Consideration over the applicable per share exercise price of such Vested Company Option or such Vested Promised Option Price, as the case may be.

Examples of Per Option Consideration in a sentence

• Until so surrendered and cancelled, each Option Agreement shall represent solely the right to receive per Option represented by such Option Agreement (and exercisable as of the Effective Time), the Per Option Consideration.

• In the event a holder of an Unvested Options terminates its service with the Company prior to the 1st anniversary of the Completion Date involuntary on a Good Leaver basis or voluntary for Good Reason, the Purchaser will procure that the Company shall pay to such holder of an Unvested Option the Per Option Consideration at such time his or her service is terminated.

• All options to purchase shares of capital stock of the Company (individually, an “ Option ” and collectively, the “ Options ”) outstanding immediately prior to the Effective Time whether under any Company stock option plan or otherwise, and whether or not then exercisable, shall be cancelled and each Optionholder will be entitled to receive from the Surviving Corporation, for each share of Company Stock subject to an Option, the Per Option Consideration in cash.

• Parent shall pay or cause the Surviving Corporation to pay the aggregate Per Option Consideration on the first regular payroll date of the Surviving Corporation following the Effective Time.

• As soon as practicable following the 1st anniversary of the Completion Date, the Purchaser will procure that the Company shall pay to each holder of an Unvested Option that has not terminated its service as described above prior to the 1st anniversary of the Completion Date, the Per Option Consideration (if any) required to be paid to any such holder pursuant to this Clause 2.4.3(c).

More Definitions of Per Option Consideration

Per Option Consideration means the sum of (i) the Initial Price Per Option, plus (ii) the Per Security Post-Closing Purchase Price Payment, if any, plus (iii) the Total Escrow Payments Per Security.

Per Option Consideration means an amount in cash, without interest, equal to (x) the excess of the Per Share Consideration in respect of Company Common Stock over the per share exercise price of such Vested Company Option, multiplied by (y) the aggregate number of shares of Company Common Stock subject to such Vested Company Option.

Per Option Consideration means, with respect to each Share subject to an Option, a cash amount (without interest) equal to the excess of (i) the Initial Per Share Consideration, over (ii) the per share exercise price of such Share subject to such Option.

Per Option Consideration means, with respect to each Company Option, an amount equal to the excess, if any, of (a) the Per Share Consideration over(b) the exercise price of such Company Option.

Per Option Consideration means the sum of (i) the Per Share Cash Consideration, plus (ii) the Per Share Stock Consideration Closing Value.

Per Option Consideration means, with respect to each Company Option, an amount equal to the excess, if any, of (a) the Per Share Consideration over (b) the exercise price of such Company Option.

Per Option Consideration means (X) with respect to any Company Option held by an Optionholder that is an Accredited Investor, (1) (i) the Price Per Common Equivalent Unit minus the Option Exercise Price, multiplied by (ii) the Accredited Cash Ratio, and (2) the number of shares of Parent Common Stock equal to (i) the Price Per Common Equivalent Unit minus (ii) the Option Exercise Price multiplied by (iii) the Accredited Stock Ratio divided by (iv) the Parent Stock Price and (Y) with respect to any Company Option held by an Optionholder that is an not an Accredited Investor, the Price Per Common Equivalent Unit minus the Option Exercise Price.