Stock Option Adjustment definition

Stock Option Adjustment portion of Special Severance Pay Benefits shall be payable if, after a Change in Control, Executive elects, pursuant to options issued to him under the 1996 or 2002 Long-Term Incentive Plan or any predecessor or successor plans, to elect stock appreciation rights and shall consist of an amount equal to (a) the number of common shares as to which Executive shall have made such election, multiplied by (b) the excess, if any, of (x) the highest price per share actually paid in connection with any Change in Control, over (y) the fair market value of a common share on the date of such election.
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Stock Option Adjustment means the amount, if positive, resulting from the difference between (1) the amount originally estimated for the receipt of resources by the Target Company, if all granted purchase options had been made until August 13, 2015, under the stock option plan approved by the general shareholders’ meeting, corresponding to BRL 20,772,234.94 (twenty million, seven hundred and seventy-two thousand, two hundred and thirty-four Brazilian Reais and ninety-four cents) on this date, including (1) the price deduction for the option of purchasing shares issued by the Target Company, granted in the terms of the plans approved by the Target Company’s general shareholders’ meeting (stock options) and not yet put into practice, thus assuming the control of all purchase options made by beneficiaries and the payment of the Threshold Amount through the distribution of dividends (“SOP Strike Impact”); and (2) the amount to be effectively received by the Target Company once all purchase options granted under the purchase option plan approved by the shareholders’ meeting have been exercised.
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Examples of Stock Option Adjustment in a sentence

  • Except as noted below, all information discussed below reflects the 2012 Stock Option Adjustment.

  • The Employee’s right to a Stock Option Adjustment may be exercised by written notice to the Company at any time within 90 days following the date on which the Employee’s employment terminates.

  • A Stock Option Adjustment provided under this Section 3B will not reduce any other compensation to which the Employee may become entitled under this Agreement.

  • The exercise by the Employee of the right to a Stock Option Adjustment shall not result in any changes to the Employee’s Unexercised Stock Option other than those described in this paragraph (b), except that that the status of the amended option as an Incentive Stock Option (as defined in Section 422 of the Code) shall be determined under the applicable provisions of the Code.

  • Incentive Stock Option Adjustment Plan (the "Plan") will serve as such a "mirror" plan.

  • Except as noted below, all information discussed below reflects the Stock Option Adjustment.

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  • Subject to any increase under Section 6.2 hereof, the consideration to be paid by the Buyer to WDS for the Shares shall be cash in the total amount (the “Purchase Price”) of $560,000,000 minus the aggregate principal amount of the Indebtedness listed in Exhibit 6.17 outstanding at the Closing minus the aggregate of the Stock Option Adjustment Amounts for all Class A Stock Options cancelled in connection with the transactions contemplated hereby.

  • Our stock option activity was as follows: For the Nine Months Ended September 30, 2012 Options (1) The beginning of period weighted-average exercise price of $20.53 does not reflect the 2012 Stock Option Adjustment, which occurred subsequent to December 31, 2011.(2) These stock options are included in the caption “Total options outstanding, end of period.” See discussion of the 2005 LTIP, 2008 LTIP and other employee performance awards below.

  • Subject to any increase under Section 6.2 hereof, the consideration to be paid by the Buyer to WDS for the Shares shall be cash in the total amount (the "Purchase Price") of $560,000,000 minus the aggregate principal amount of the Indebtedness listed in Exhibit 6.17 outstanding at the Closing minus the aggregate of the Stock Option Adjustment Amounts for all Class A Stock Options cancelled in connection with the transactions contemplated hereby.

Related to Stock Option Adjustment

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • Dilution Adjustment means any fraction or number by which the Exchange Rate shall be multiplied pursuant to Section 6.1(a), (b), (c) or (d).

  • MFN Adjustment has the meaning specified in Section 2.14(b).

  • Substitution Adjustment As defined in Section 2.03(d) hereof.

  • Capitalization Adjustment means any change that is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Purchase Right after the date the Plan is adopted by the Board without the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other similar equity restructuring transaction, as that term is used in Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto). Notwithstanding the foregoing, the conversion of any convertible securities of the Company will not be treated as a Capitalization Adjustment.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • 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.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).