Seller Stock Option definition

Seller Stock Option has the meaning set forth in Section 3.06.

Seller Stock Option means options to purchase Seller Common Stock issued under any of Seller Stock Options Plans.

Seller Stock Option has the meaning assigned to such term in Section 6.7.

Examples of Seller Stock Option in a sentence

• Further, each substitute stock option so granted by Company to replace a Seller Stock Option shall provide for a per share exercise price which shall be equal to the quotient determined by dividing (A) the exercise price per share of Seller Stock at which such Seller Stock Option was exercisable immediately prior to the Effective Time by (B) the Exchange Ratio.

• Each holder of such canceled Seller Stock Option shall acknowledge that upon payment of such amount set forth in Section 2.8, no further liability shall accrue to Seller or any successor thereto.

• Subject to the foregoing, the Seller Stock Option Plans and all options issued thereunder shall terminate at the Effective Time.

• It is intended that the foregoing assumption shall be undertaken in a manner that will not constitute a "modification" as defined in the Code, as to any Seller Stock Option that is an "incentive stock option" as defined under the Code.

• Seller shall ensure that following the Effective Time and subject to Section 3.4(b), no holder of a Seller Stock Option (or former holder of a Seller Stock Option) shall have any right thereunder to acquire any capital stock of Seller or the Surviving Corporation or any other equity interest therein (including “phantom” stock or stock appreciation rights).

More Definitions of Seller Stock Option

Seller Stock Option. Section 2.02(a)(i) “Seller Stock Plans” -- Section 2.02(a)(i) “Seller Sub” -- Preamble “Seller Subsequent Determination” -- Section 5.03(f) “Seller Subsidiary” and “Seller Subsidiaries” -- Section 3.01(a)(ii) “Seller Subsidiary Other Real Estate Owned” -- Section 3.01(y)

Seller Stock Option means a right representing a contractual entitlement to purchase one share of Seller common stock in accordance with the terms of the relevant Seller Equity Plan that is outstanding immediately prior to Closing.

Seller Stock Option means a compensatory stock option granted under a Seller Stock Option Plan.

Seller Stock Option. Section 2.02(a)(i)

Seller Stock Option has the meaning ascribed to such term in the Purchase Agreement.

Seller Stock Option means each option to purchase shares of Seller Common Stock as disclosed on Schedule 4.01(b).

Seller Stock Option means any option, warrant or other right to purchase Shares granted pursuant to any plan, agreement (other than the Rights Agreement) or other arrangement binding upon the Companies. Section 3.2(a) of the Seller Disclosure Schedule identifies each plan, agreement or other arrangement pursuant to which any Seller Stock Options have been granted, identifies the holder of each Seller Stock Option, sets forth the number of Shares subject to each Seller Stock Option, sets forth the vesting schedule of each Seller Stock Option and sets forth the date on which each Seller Stock Option expires. The Seller has provided to the Buyer's counsel a true, complete and correct copy of the Rights Agreement, as amended as provided in Section 2.11, and a true, complete and correct copy of each plan, agreement and other arrangement identified on such Schedule 3.2(a). Since the close of business on June 30, 2003, no shares of the Seller's capital stock have been issued other than pursuant to Seller Stock Options already in existence on such date and no rights have been exercised or shares of the Seller's capital stock issued pursuant to the Rights Agreement. Except as set forth above or in Section 3.2(a) of the Seller Disclosure Schedule, as of the date hereof, there are outstanding (i) no shares of capital stock or other voting securities of the Seller, (ii) no securities of the Seller or any of its Subsidiaries convertible into or exchangeable or exercisable for shares of capital stock or other securities of the Seller, (iii) no options, preemptive or other rights to acquire from the Seller or any of its Subsidiaries, and no obligations of the Seller or any of its Subsidiaries to issue, any capital stock, voting securities or securities convertible into or exchangeable or exercisable for capital stock or other securities of the Seller and (iv) no equity equivalent interests in the ownership or earnings of the Seller or its Subsidiaries or other similar rights (collectively "Seller Securities"). There are no outstanding rights or obligations of the Seller or any of its Subsidiaries to repurchase, redeem or otherwise acquire any Seller Securities. Except as set forth in Section 3.2(a) of the Seller Disclosure Schedule, there are no stockholder agreements, voting trusts or other agreements or understandings to which the Seller is a party or by which it is bound relating to the voting or registration of any shares of capital stock of the Seller. The Seller has not voluntarily ac...