Series B Options definition

Series B Options means the Options issued or issuable pursuant to the Option Plan and denominated (or to be denominated, as the case may be) as Series B Options.
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Series B Options as defined in the Plan. -----------------
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Series B Options means the options to purchase up to 21,251 shares of Series B Preferred granted to certain current and former employees of the Company pursuant to certain of the Option Agreements.
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Examples of Series B Options in a sentence

  • Series B Options will represent the remaining 5% of the Common Units comprising the Plan Limit.

  • The exercise price per Option (the “Exercise Price”) for grants made at or about the time of Closing shall be (i) in the case of Series A Options, the price determined by dividing the NPC Holdings Equity Investment by the number of outstanding common units (without regard to options) as of immediately following the Closing (as defined in the Stock Purchase Agreement), and (ii) in the case of Series B Options, two times the Exercise Price of the Series A Options.

  • The Option Agreement shall contain a statement of the number of Common Units to which the Option pertains, with a number of the Options designated as Non-Time Vesting Series A Options, Time Vesting Series A Options and Series B Options.

  • The Surviving Corporation Series A Options and the Surviving Corporation Series B Options issued to Bake▇ ▇▇▇estors, as provided in this Section 1.1(b), shall have the same aggregate economic spread and term as the Bake▇ ▇▇▇ions that have been cancelled and, reflecting the acceleration of vesting occurring upon the Merger under the terms of the Bake▇ ▇▇▇ions that have been cancelled, shall be fully vested.

  • The ANPP Escrow Shares will be issued by New DHC to ANPP no later than the second Business Day after the number of shares of New DHC Common Stock subject to the Series A SARs, the Converted Series A Options, Converted Series B Options, Series C SARs and Series C Options is determined as provided in Section 2.03(d) below.

  • Following the date hereof and prior to the Closing, without the consent of ANPP, DHC will not issue any additional Series A Options or Series B Options to any Carryover Director.

  • The grant of 6,805.1 options pursuant to this Paragraph 4(c) shall be comprised of 1,701.3 Series A Options, 1,701.3 Series B Options, 1,701.3 Series C Options and 1,701.3 Series D Options.

  • Until so surrendered, each outstanding Certificate or Option Agreement, as the case may be, that, prior to the Effective Time, represented Company Shares or Series B Options, as the case may be, shall be deemed from and after the Effective Time, for all corporate purposes, other than the payment of dividends, to evidence the ownership of the Merger Consideration.

  • The Surviving Corporation Series A Options and the Surviving Corporation Series B Options issued to ▇▇▇▇▇ Investors, as provided in this Section 1.1(b), shall have the same aggregate economic spread and term as the ▇▇▇▇▇ Options that have been cancelled and, reflecting the acceleration of vesting occurring upon the Merger under the terms of the ▇▇▇▇▇ Options that have been cancelled, shall be fully vested.

  • The grant of 2,835.5 options pursuant to this Paragraph 4(c) shall be comprised of 708.9 Series A Options, 708.9 Series B Options, 708.9 Series C Options and 708.9 Series D Options.

Related to Series B Options

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at Closing in accordance with Section 2.2(a) hereof, which Series B Warrants shall be exercisable immediately and have a term of exercise equal to 18 months, in the form of Exhibit D attached hereto.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series B Common Stock means the shares of Series B Common Stock, par value $1.00 per share, of the Company.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, par value $0.0001 per share, of the Company.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.