Subsidiary Option definition

Subsidiary Option means each option granted by Actions Zhuhai pursuant to the ESOIP on or prior to the Effective Date giving its holder the right to acquire one or move Subsidiary Phantom Shares in accordance with the terms thereof.
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Subsidiary Option means, as of any determination time, each option to purchase shares of the common stock of ABP Sub granted to any current or former director, manager, officer, employee, Contingent Worker or other service provider of the Company or any of its Subsidiaries that is outstanding and unexercised.
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Subsidiary Option. Is defined in Section 2.3(d).
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Examples of Subsidiary Option in a sentence

  • If the Year 1 Option, Year 2 Option, Year 3 Option and/or the Subsidiary Option are required to be issued pursuant to this agreement, the Company shall, within 14 days after the required grant date of the option, file with the SEC a registration statement on Form SB-2 which will register for sale the entire number of shares under the respective option.

  • In the event the AAG Member validly exercises the AAG Subsidiary Option as described above and complies with clauses (i), (ii), (iii) and (iv), above, the Company shall not cause the Material Subsidiary Decision to be implemented and shall instead sell the subject Subsidiary to the AAG Member on the terms and conditions set forth above and in accordance with the transfer agreements contemplated by clause (iv), above.

  • In the event the AAG Member does not elect to exercise the AAG Subsidiary Option within the time period described above or otherwise does not comply with the provisos set forth in clauses (i), (ii), (iii) or (iv) above or is otherwise unable to consummate the purchase of the applicable Subsidiary, the Material Subsidiary Decision shall be given full force and effect and the Company shall implement such Material Subsidiary Decision notwithstanding the dissenting vote of the AAG Manager.

  • At the Subsidiary Merger Effective Time, by virtue of the Subsidiary Merger and without any action of any Party or any other Person, each Subsidiary Option (whether vested or unvested) shall cease to represent the right to purchase shares of Subsidiary Common Stock and shall be converted into an option to purchase shares of Company Common Stock (each, a “Subsidiary Rollover Option”) in an amount, at an exercise price and subject to such terms and conditions determined as set forth below.

  • As used herein, the term “Subsidiary Committee” refers to a committee designated by the Board of Directors of the Subsidiary to establish the exercise prices of options granted under the Subsidiary Option Plan, and the conversion rate between shares of such Subsidiary issued under its Subsidiary Option Plan and shares of Common Stock issuable upon conversion thereof.

  • In the event that any options under a Subsidiary Option Plan expire or terminate for any reason without being exercised, the number of shares issuable under the Plan shall be adjusted as if such unexercised options had never been granted.

  • At the Subsidiary Merger Effective Time, by virtue of the Subsidiary Merger and without any action of any Party or any other Person, each Subsidiary Option (whether vested or unvested) shall cease to represent the right to purchase shares of Subsidiary Common Stock and shall be converted into an option to purchase shares of Company Common Stock (each, a “Subsidiary Rollover Option”).

  • The Subsidiary Option Schedule shall be subject to review and approval by Priveterra, with such approval not to be unreasonably withheld, conditioned or delayed..

  • Priveterra and the Company shall cooperate in good faith to approve and finalize the Subsidiary Option Schedule at least two Business Days prior to the Subsidiary Merger Effective Time.

  • The Seller, the Subsidiary, Xxxxxxx, Xxxxxxxx and/or their Affiliates acknowledge that the provisions of the No Shop Agreement, Lock-Up, the Subsidiary Option and/or the Seller Option are an integral part of the transactions contemplated by this Agreement and that without these provisions the Buyer would not enter into this Agreement and/or agree to pay the Purchase Price as set forth herein.

Related to Subsidiary Option

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Noncompensatory Option has the meaning set forth in Treasury Regulation Section 1.721-2(f).

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

  • Subsidiary Redesignation shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this Section 1.01.

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

  • Subsidiary Corporation means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.

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

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

  • Non-Qualified Share Option means an Option that is not intended to be an Incentive Share Option.

  • Subsidiary Stock means, with respect to any Person, the stock (or any options or warrants to purchase stock or other Securities exchangeable for or convertible into stock) of any Subsidiary of such Person.

  • Subsidiary Shares has the meaning ascribed to it in Section 3.3(a).

  • 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.

  • Non-Statutory Option means an option not intended to satisfy the requirements of Code Section 422.

  • 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.

  • Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

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

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

  • Wholly Owned Domestic Subsidiary means a Wholly Owned Subsidiary that is also a Domestic Subsidiary.

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

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

  • Foreign Subsidiary Voting Stock the voting Capital Stock of any Foreign Subsidiary.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • 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.