Qualifying Company Option definition
Qualifying Company Option means each Company Option (whether vested or unvested) outstanding immediately before the Closing with a per share exercise price that is less than an amount equal to the Per Share Consideration Amount.
Qualifying Company Option means each Company Option with an exercise price less than the Equityholder Amount Per Share.
Qualifying Company Option means each Company Option outstanding as of immediately prior to the Effective Time exercisable into Carve-Out Common Stock, with an Applicable Option Exercise Price that is less than an amount equal to the Carve-Out Common Merger Consideration Per Share, except as otherwise contemplated on Schedule 4.9(c).
Examples of Qualifying Company Option in a sentence
In order to receive payment for a Qualifying Company Option in accordance with this Article II, each Qualifying Option Holder must provide Parent with a duly completed and validly executed letter of transmittal in the form of Exhibit B attached hereto (an “Option Holder Transmittal Letter”).
The actual amount payable on account of each Qualifying Company Option may differ from this estimate.