Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.
Replacement Option has the meaning ascribed thereto in Section 2.2(c).
Replacement Option means an option or right to purchase Purchaser Shares granted by the Purchaser in exchange for (i) New Options on the basis set forth in Section 3.2(n)(vii); and/or (ii) if applicable, Floating Options on the basis set forth in Section 3.2(n)(x).
Examples of Replacement Option in a sentence
Each such Replacement Option as so exchanged and issued shall continue to have, and shall be subject to, substantially the same terms and conditions as applied to the Company Stock Option immediately prior to the Effective Time, subject to any Exchange requirements.
More Definitions of Replacement Option
Replacement Option shall have the meaning ascribed thereto in Section 3.1(c);
Replacement Option has the meaning set forth in Section 4.06(a).
Replacement Option has the meaning set forth in Section 3.06.
Replacement Option has the meaning set out in the Plan of Arrangement;
Replacement Option has the meaning ascribed thereto in Section 3.1(3)(a) of this Plan of Arrangement;
Replacement Option means a Non-Qualified Stock Option granted pursuant to Section 7.4 upon the exercise of a Stock Option granted pursuant to the Plan where the Option Price is paid with previously owned shares of Common Stock.
Replacement Option has the meaning ascribed thereto in Section 2.2(f);