Purchased Options definition
Examples of Purchased Options in a sentence
All Purchased Equity shall be fully vested, and with respect to the Purchased Options, fully exercisable, upon issuance hereunder.
In no event shall any part of the Executive Securityholder's Preferred Options and Purchased Options be exercisable after the applicable Expiration Date.
The Preferred Options shall expire at the close of business on March 31, 2014 and the Purchased Options shall expire at the close of business on March 31, 2028 (in either case, such date being hereinafter referred to as the "Expiration Date"), subject to earlier expiration as provided herein.
In no event shall any part of the Executive Securityholder’s Preferred Options and Purchased Options be exercisable after the applicable Expiration Date.
The Preferred Options shall expire at the close of business on March 31, 2014 and the Purchased Options shall expire at the close of business on March 31, 2028 (in either case, such date being hereinafter referred to as the “Expiration Date”), subject to earlier expiration as provided herein.
In addition to the Purchase Price, and in consideration for the sale by the Sellers to the Purchaser of the Purchased Stock, the Purchased Options, the Purchased Loan Accounts, and the Purchased Assets, the Purchaser shall, subject to the conditions and at the time set forth in Section 2.06, pay to the Sellers an additional and contingent amount of One Million Dollars ($1,000,000) (the "Earn Out Amount"), which, if earned and payable pursuant to Section 2.06, shall be part of the Purchase Price.
The Purchase Price, including the Earn-Out Amount if earned and payable, is allocated between the Purchased Stock, the Purchased Options, the Purchased Loan Accounts and the Purchased Assets as provided in Section 5.11.
The only Options to acquire shares of stock in the Target Companies are the Purchased Options, all of the material terms of which are set forth in Section 3.02(b) of the Disclosure Schedule.
The Committee may sell Purchased Options or grant other Stock Options either alone, or in conjunction with other Awards, either at the time of grant or by amendment thereafter.
The aggregate purchase price payable at the Closing for the Purchased Stock, the Purchased Options, the Purchased Loan Accounts, and the Purchased Assets is Fifteen Million Nine Hundred Thousand Dollars ($15,900,000) (the "Purchase Price).