Examples of Target Options in a sentence
The Return Target Options are not intended to be “incentive stock options” within the meaning of Section 422 of the Code.
All shares of Target Common Stock subject to issuance upon the exercise of Target Options and Target Warrants, upon issuance on the terms and conditions (including payment) specified in the instrument pursuant to which they are issuable, will be duly authorized, validly issued, fully paid and nonassessable.
An updated Schedule 2.1(d) of Target Options and Target Warrants shall be delivered by Target to Acquiror on the Closing Date.
No Target Options, whether vested or unvested, shall be assumed by Acquiror in the Merger.
Acquiror shall reserve for issuance, out of its authorized but unissued capital stock, the maximum number of shares of Acquiror Common Stock as may be issuable upon consummation of the Merger, including shares of Acquiror Common Stock that will be issued upon exercise of Target Options assumed by Acquiror.