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 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.
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.
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 Section 5.01(e).
Such Conexant Option will otherwise have substantially the same terms and conditions as the corresponding Rockwell Split Option being adjusted, except as provided in Section 5.01(d) and except that references to Rockwell will be changed to refer to the Company and references to any of the Rockwell Stock Plans will be changed to refer to the Conexant 1998 Stock Option Plan.
Sublessee and Sublessor each agree to submit to Landlord, upon request, any information or documentation required by Landlord in processing Sublessor’s application for consent to this Sublease.
In addition, each person (other than a Conexant Employee) holding a Rockwell Split Option will receive a Conexant Option pursuant to the equitable adjustment provisions of the applicable Rockwell Stock Plan under which such Rockwell Split Option was granted.
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.
Such adjusted Rockwell Split Option will otherwise have the same terms and conditions as those in 42 <PAGE> 46 effect immediately prior to the adjustment.
In addition, each Rockwell Split Optionee holding a Rockwell Split Option as of the Time of Distribution will receive a Rockwell Xxxxxxx Option pursuant to the equitable adjustment and other provisions of the applicable Rockwell Stock Plan under which such Rockwell Split Option was granted.