Substitute Options definition

Substitute Options means Options granted in assumption of, or in substitution for, outstanding options previously granted by a company acquired by the Company or with which the Company combines.

Substitute Options means Stock Options issued in assumption of or substitution for stock options issued by a company acquired by the Company or with which the Company combines.

Substitute Options shall have the meaning specified in Section 4(c).

Examples of Substitute Options in a sentence

• Substitute Options may be granted on such terms as the Board deems appropriate in the circumstances, notwithstanding any limitations on Options contained in the other sections of this Section 5 or in Section 2.

• Substitute Options may be Nonstatutory Options or Incentive Stock Options.

• Substitute Options shall not count against the overall share limit set forth in Section 4(a), except as may be required by reason of Section 422 and related provisions of the Code.

• The Board may cause the Company to grant Substitute Options in connection with the acquisition by the Company or an Affiliate of equity securities of any entity (including by merger, tender offer, or other similar transaction) or of all or a portion of the assets of any entity.

• Unless and to the extent specified otherwise by the Board, Substitute Options shall have the same terms and conditions as the options they replace, except that (subject to the provisions of Section 10) Substitute Options shall be Options to purchase Shares rather than equity securities of the granting entity and shall have an Option Price determined by the Board.

More Definitions of Substitute Options

Substitute Options shall have the meaning set forth in Section 5.02(b).

Substitute Options means the options to purchase shares of Common Stock in the Company that are being substituted in the Conversion for the outstanding options to purchase equity interests in Old Peapod.

Substitute Options means Options granted in assumption of, or in substitution for, outstanding awards previously granted by a company acquired by the Company or any of its subsidiaries, or with which the company or any of its subsidiaries combines.

Substitute Options means Options that the Company will grant under the Plan in substitution of options that were granted by RMCO, LLC.

Substitute Options has the meaning set forth in Section 1.6(c)(i) of this Agreement.

Substitute Options means options to purchase Substitute Shares at the exercise price calculated in accordance with Section 4 of this Amendment;

Substitute Options means an option granted under the Plan in substitution for an option to purchase common stock of Applied Power Inc.