Stock Option definition

Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

Stock Option means any option to purchase shares of Stock granted pursuant to Section 5 below.

Stock Option or "Option" means any option to purchase shares of Stock which is granted pursuant to the Plan.

Examples of Stock Option in a sentence

• The Executive’s Base Salary shall be subject to an annual review by the Board’s Compensation and Stock Option Committee (the “Compensation Committee”).

• For the avoidance of doubt, the type and amounts and any awards granted to Executive under the 2020 Omnibus Equity Incentive Plan (other than the Initial Stock Option Grant) shall be determined by the Compensation Committee or the Board in its absolute and sole discretion.

• Any such Morphic Stock Option that has an exercise price that equals or exceeds the Merger Consideration will be canceled for no consideration.

• Xxxxx will cause the Surviving Corporation to pay the Morphic Stock Option Cash Consideration at or reasonably promptly after the Effective Time (but in no event later than five business days after the Effective Time).

• If any shares of Common Stock, Options or Convertible Securities are issued or sold or deemed to have been issued or sold for cash, the consideration received therefor (for the purpose of determining the consideration paid for such Common Stock, Option or Convertible Security, but not for the purpose of the calculation of the Black Scholes Consideration Value) will be deemed to be the net amount of consideration received by the Company therefor.

More Definitions of Stock Option

Stock Option or “Option” means any option to purchase shares of Common Stock granted to Eligible Individuals granted pursuant to Article VI.

Stock Option means an option granted under Section 5.

Stock Option means a Nonqualified Stock Option or an Incentive Stock Option.

Stock Option means an Award granted under Section 5.

Stock Option means an option to purchase shares of Stock granted pursuant to Section 5.

Stock Option or “Option” means any option to purchase shares of Common Stock granted to Eligible Employees, Non-Employee Directors or Consultants pursuant to Article VI.

Stock Option or "Option" means any option to purchase shares of Common Stock (including Restricted Stock, if the Committee so determines) granted pursuant to Section 5 below.