Examples of Per Share Option Consideration in a sentence
As soon as practicable following the Closing, Buyer will cause the Company to pay to each Optionholder through payroll, with respect to each share of Company Stock issuable upon exercise thereof, an amount in cash equal to the Per Share Option Consideration Amount, less the per share exercise price of such Company Option, less applicable withholdings and payroll Taxes.
Notwithstanding the foregoing, in the event the per share exercise price of a Target Option is equal to or greater than the Per Share Option Consideration, such Target Option shall be automatically cancelled and converted into the right to receive a Rollover Option having terms consistent with other Rollover Options provided for by this Section 3.8(a).
To the extent any such Options are subject to the requirements of Code Section 409A, it is the intention of the parties that the payment of the Per Share Option Consideration shall be effected in a manner that -21- satisfies the requirements of Code Section 409A and the Treasury Regulations promulgated thereunder.
Parent currently has, and Parent and Merger Sub will have as of the Effective Time, cash and cash equivalents sufficient for Merger Sub and the Surviving Corporation to pay the Merger Consideration and the aggregate Per Share Option Consideration and any other amounts required to be paid in connection with the consummation of the transactions contemplated hereby and to pay all related fees and expenses.
It is a participatory planning process aimed at integrating sectoral strategies, in order to support the optimal allocation of scarce resources between sectors, geographic areas and the population, in a way that promotes sustainable growth and equitable development and the empowerment of the poor and the marginalized.