Revised Option definition

Revised Option has the meaning given to it in the Subscription Agreement;
Revised Option has the meaning given to it in clause 3.1.4;

Examples of Revised Option in a sentence

  • Upon the Revised Option under this clause 3.1.4 becoming effective, the Initial Option shall forthwith lapses, have no further effect and cannot be further exercised.

  • If approved by the Compensation Committee, the Revised Option Agreement shall provide that such stock option shall vest as follows: (i) 50% of such stock option shall be fully vested on the date of grant, (ii) 25% of such stock option shall vest on May 15, 2019 and (iii) the remaining 25% of such stock option shall vest in 12 equal installments on the 15th day of each month, with the first tranche vesting on June 15, 2019 and the last tranche vesting on May 15, 2020.

  • With regard to agenda item 15 (Ashby Canal Restoration - Authorisation to Sign a Revised Option Agreement for the Proposed Measham Development) he declared a pecuniary interest as a local landowner, and undertook to leave the meeting whilst that item was considered.

  • Item Ashby Canal Restoration, Revised Option Agreement for Proposed Measham Development.

  • If at any time between the date of this Agreement and closing of the exercise of the Revised Option, Shares have been consolidated or sub-divided, the Option Share Price per Share shall be correspondingly increased or reduced (as the case may be) to the effect that the aggregate Option Share Price payable by the Investor and receivable by the Issuer and Powin Corp for the Revised Option Shares would remain the same as if the consolidation or sub-division did not take place.

  • The number of Restricted Shares granted in exchange for Options at the Revised Option Value will be based on the Share value equal to the closing price per American depositary share as reported on the NASDAQ Global Select Market on April 6, 2022, divided by three (being the American depositary share-to-ordinary share ratio).

  • Revised Option Agreement dated September 14, 1998 between Nessys Corporation as owner and Automata International, Inc., successor by merger to Automata, Inc.

  • If the aggregate Purchased Stock Amount and Revised Option Amount is less than $50,000,000 during the applicable calendar year, then the Company shall repurchase all Option Stock offered by the Option Stockholders during the applicable Election Period.

  • Such notice shall be irrevocable and shall set forth the number of Option Shares as to which the Initial Option or Revised Option is being exercised and the Option Closing Date; provided, however, that the Option Closing Date shall be no later than five Business Days after the date on which the option shall have been exercised.

  • Subject to the approval of the Company’s Compensation Committee, as soon as practicable following the Effective Date, as defined below, the Company and Consultant will cancel the Option Agreement and enter into a Revised Option Agreement granting Xx. Xxxxxxx a stock option to acquire up to 142,857 shares of common stock at an exercise price equal to the greater of (i) $3.55 per share and (ii) the fair market value of the Company’s common stock on the date of grant (the “Revised Option Agreement”).

Related to Revised Option

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Director Option means an Option granted pursuant to Section 6.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Employee Option means an Option granted pursuant to Section 5.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Optioned Stock means the Common Stock subject to an Option.

  • SAR means a stock appreciation right granted under the Plan.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.