Examples of Per Option Consideration in a sentence
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.
At the Effective Time, all of the outstanding Options will be terminated and the Company will have no further obligations to the holders thereof with respect thereto except to remit the Per Option Consideration and the applicable withholding taxes.
As soon as practical after the Effective Time, Parent shall pay, or shall cause the Surviving Corporation to pay, each Optionholder the aggregate Closing Per Option Consideration payable to such Optionholder (after deducting applicable income and employment tax withholdings, as well as any other required withholdings).
In the event that the Per Option Consideration for any Prime Stock Option is equal to or less than $0, such Prime Stock Option shall be cancelled as of the Closing Date without payment of consideration therefore.
Notwithstanding the foregoing, in the event that the number of shares of Buyer Common Stock issuable to any holder of Company Option with respect to its entire grant of Company Options is equal to or less than fifty (50) (subject to adjustment for any recapitalization events), and to the extent approved in the 102 Tax Ruling, then the entire Per Option Consideration payable to such holder with respect to such Company Options shall be paid solely in cash.