SpinCo Unit Option definition

SpinCo Unit Option means an option to acquire SpinCo Common Units.
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Examples of SpinCo Unit Option in a sentence

  • Each SpinCo Unit Option that is outstanding immediately following the Effective Time shall, as of immediately following the Effective Time, become fully vested (to the extent not already vested) and be cancelled and converted into the right to receive an amount in cash, without interest, equal to the Spread Value of such SpinCo Unit Option.

  • Any SpinCo Unit Option that has Spread Value equal to zero shall be cancelled for no consideration.

  • Any SpinCo Unit Option that has a Spread Value equal to zero shall be cancelled for no consideration.

Related to SpinCo Unit Option

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

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • 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).

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

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

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

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

  • RemainCo shall have the meaning set forth in the Preamble.

  • 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.

  • PSU means Public Sector Undertaking

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

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

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

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Company Option Plan means, either individually or collectively, the Company’s 2000 Employee Incentive Stock Option Plan and 2003 Employee Incentive Stock Option 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.

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

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

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

  • 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.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.