Rockwell Split Option definition

Rockwell Split Option means a Rockwell Option that was granted between January 1, 1990 and August 31, 1998.
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Rockwell Split Option means any Rockwell Option outstanding as of the Time of Distribution held by a Rockwell Split Optionee.
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Rockwell Split Option means any Rockwell Option outstanding as of the Time of Distribution held by a Rockwell Split Optionee. "ROCKWELL SPLIT OPTIONEE" means any individual who holds Rockwell Options at the Time of Distribution who is not a Rockwell Automation Optionee or a Rockwell Xxxxxxx Optionee (and shall include those individuals set forth on Schedule 1.02). "ROCKWELL STOCK PLANS" means, collectively, the Rockwell 2000 Long-Term Incentives Plan, the Rockwell 1995 Long-Term Incentives Plan, the Rockwell 1988 Long-Term Incentives Plan and the Rockwell Directors Stock Plan. "ROCKWELL U.K. PLAN" means the Rockwell U.K. Pension Scheme (formerly known as the Rockwell U.K. Executive Pension Plan). "ROCKWELL U.K. PLAN DEBT CERTIFICATE" will have the meaning ascribed thereto in Section 3.05(c)(i). "ROCKWELL U.K. PLAN DEFICIENCY DEBT" means any liability of Rockwell Xxxxxxx (U.K.) under section 75 of the U.K. Pensions Act 1995 referable to the cessation of its participation in the Rockwell U.K. Plan under the terms of this Agreement. "ROCKWELL U.K. PLAN PAYMENT DATE" means (a) the latest of (i) September 21, 2001 and (ii) seven days after the Inland Revenue has given its approval to the transfer contemplated in Section 3.05(b)(ii) or (b) such other date as Rockwell and Rockwell Xxxxxxx shall agree to in writing. "ROCKWELL U.K. PLAN TRANSFER PAYMENT" means the amount in respect of Transferring Rockwell Xxxxxxx (U.K.) Employees calculated in accordance with Section 3.05(b)(i). "ROCKWELL WELFARE PLANS" means the Welfare Plans and other employee welfare benefit and fringe benefit arrangements maintained by Rockwell and its Subsidiaries (including members of the Rockwell Xxxxxxx Group and members of the Rockwell Science Center Group) prior to the Time of Distribution. 9 <PAGE> 13 "STAND-ALONE PENSION PLAN" will have the meaning ascribed thereto in Section 3.02. "TRANSFERRING RIL/REC (U.K.) EMPLOYEES" means those RIL/REC (U.K.) Employees who request a transfer of assets in accordance with invitations provided pursuant to Section 3.04(a)(iii). "TRANSFERRING ROCKWELL XXXXXXX (U.K.) EMPLOYEES" means those Rockwell Xxxxxxx (U.K.) Employees who request a transfer of assets in accordance with invitations provided pursuant to Section 3.05(a)(iii). "U.K. ACTUARY" means Towers Xxxxxx. "WELFARE PLAN" means any employee welfare benefit plan as defined in Section 3(1) of ERISA, including medical, vision, dental and other health plans, retiree health plans, life insurance plans, retiree life insuranc...
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Examples of Rockwell Split Option in a sentence

  • The number of shares subject to the adjusted Rockwell Split Option will equal the number of shares subject to such Rockwell Split Option immediately prior to the Time of Distribution.

  • In addition, each person (other than a Conexant Employee) holding a Rockwell Split Option will receive a Conexant Option.

  • Such adjusted Rockwell Split Option will otherwise have the same terms and conditions as those in effect prior to the adjustment, except as provided in paragraph (f) below.

  • The number of shares of Conexant Common Stock subject to such Conexant Option will equal one-half the number of shares subject to such Rockwell Split Option immediately prior to the Time of Distribution, and, if any resultant fractional share of Conexant Common Stock exists, rounded down to the nearest whole share, without any payment for such fractional share.

  • In such case, the per-share exercise price of the Rockwell Split Option will be adjusted to equal (i) the Ex-Distribution Average Price of Rockwell Common Stock, minus (ii) the amount obtained by dividing the Ex-Distribution Rockwell Option Spread of such Rockwell Split Option by the number of shares of Rockwell Common Stock subject to such Rockwell Split Option.

  • Pre-Distribution Rockwell Option Spread of corresponding Rockwell Split Option ($20,000) - Post-Distribution Rockwell Option Spread of such Rockwell Split Option ($10,000) 2.

  • Such Conexant Option will otherwise have substantially the same terms and conditions as the corresponding Rockwell Split Option being adjusted, except as provided in paragraph (e) below and except that references to Rockwell will be changed to refer to Conexant and references to any of the Rockwell Stock Plans will be changed to refer to the Conexant 1998 Stock Option Plan.

  • Notwithstanding anything to the contrary contained herein, if the per-share exercise price of the Conexant Option determined in accordance with paragraph (c) above results in a price less than $1.00, the per-share exercise price of such Conexant Option shall be deemed to be $1.00 and the per-share exercise price of the corresponding Rockwell Split Option shall be determined in accordance with this paragraph (d).

  • The Rockwell Collins Option will have a per share exercise price equal to the per share exercise price of such Rockwell Split Option immediately prior to the Time of Distribution (before the adjustment contemplated by paragraph (c)(i) of this memorandum), multiplied by the Rockwell Collins Option Ratio, rounded up to the nearest hundredth of a cent.

  • Such Conexant Option will otherwise have substantially the same terms and conditions as the corresponding Rockwell Split Option being adjusted, except as provided in paragraph (e) below and except that references to Rockwell will be 8 changed to refer to Conexant and references to any of the Rockwell Stock Plans will be changed to refer to the Conexant 1998 Stock Option Plan.


More Definitions of Rockwell Split Option

Rockwell Split Option means a Rockwell Option granted between January 1, 1990 and August 31, 1998.
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Related to Rockwell Split Option

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

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

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Equity Plan means the (a) Company’s Amended and Restated 2017 Equity Incentive Plan and (b) each other plan that provides for the award to any current or former director, manager, officer, employee, individual independent contractor or other service provider of any Group Company of rights of any kind to receive Equity Securities of any Group Company or benefits measured in whole or in part by reference to Equity Securities of any Group Company.

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Stock Purchase Plan means the employee stock purchase plan to be established by Water Pik pursuant to Section 2.2.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • 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 Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • Parent Stock Option means any option to purchase Parent Common Stock.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Partnership or the General Partner, including the Plan.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

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

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