Spinco Options definition

Spinco Options means the stock options of Spinco that will be granted to Former Chemesis Optionholders pursuant to the Arrangement and will be exercisable for Spinco Common Shares pursuant to the Spinco Plan;
Spinco Options has the meaning set forth in Section 6.10(b) hereto.

Examples of Spinco Options in a sentence

  • The stock option agreements for the Mydecine Options will be deemed to be amended by Mydecine to reflect the adjusted exercise price of the Mydecine Replacement Options, and Spinco will enter into stock option agreements for the Spinco Options issued pursuant to subsection 3.13.1(c) above.

  • Notwithstanding any other provision of this Arrangement, no fractional Spinco Shares will be distributed to the Mydecine Shareholders and no fractional Spinco Options will be distributed to the holders of Mydecine Options, and, as a result, all fractional amounts arising under this Plan of Arrangement will be rounded down to the next whole number without any compensation therefor.


More Definitions of Spinco Options

Spinco Options means share purchase options issued pursuant to the Spinco Stock Option Plan, including the Spinco Options pursuant to Section 3.1(d) of this Plan of Arrangement;
Spinco Options has the meaning ascribed to that term in the Plan of Arrangement;
Spinco Options means options to acquire SpinCo Shares to be issued in accordance with the SpinCo Stock Option Plan and upon such terms as may be determined by the board of directors of SpinCo.
Spinco Options means stock options of SpinCo entitling the holders thereof to purchase SpinCo Shares from treasury pursuant to the SpinCo Option Plan;
Spinco Options shall have the meaning set forth in Section 3.03(a).