Target Stock Option definition
Examples of Target Stock Option in a sentence
True and complete copies of all agreements and instruments relating to or issued under the Target Stock Option Plans have been made available to Acquiror, and such agreements and instruments have not been amended, modified or supplemented, and there are no agreements to amend, modify or supplement such agreements or instruments from the form made available to Acquiror.
With respect to any stock purchase agreements entered into by the Target pursuant to any of the Target Stock Option Plans, following the consummation of the Merger any Target repurchase rights with respect to such stock purchase agreements shall be assigned to the Acquiror and continue in the Acquiror's favor, subject to the terms of such agreements and such plans.
Since the close of business on March 14, 1997, no shares of Target Capital Stock have been issued except pursuant to the exercise of options outstanding as of March 14, 1997 under the Target Stock Option Plans or pursuant to the Target ESPP.
Within 10 business days after the Effective Time, Acquiror will issue to each person who, immediately prior to the Effective Time was a holder of an outstanding option under the Target Stock Option Plan a document in form and substance satisfactory to Target evidencing the foregoing assumption of such option by Acquiror.
The AESO connection process involves co-operative efforts of transmission system owners, the Proponent and AESO.
At the Effective Time, the Target Stock Option Plan and each outstanding option to purchase shares of Target Common Stock under the Target Stock Option Plan, whether vested or unvested, will be assumed by Acquiror.
After the Effective Time, Acquiror will issue to each holder of an outstanding Target Stock Option a notice describing the foregoing assumption of such Target Stock Option by Acquiror.
Within ten (10) business days after the Effective Time, Acquiror will issue to each person who, immediately prior to the Effective Time, was a holder of an outstanding option under the Target Stock Option Plans a document in form and substance satisfactory to Target evidencing the foregoing assumption of such option by Acquiror.
Within 15 Business Days after the Closing Date, ASPI will issue to each person who, immediately prior to the Closing Date was a holder of an outstanding option under the Target Stock Option Plan, a document consistent with this Agreement and such option evidencing the foregoing assumption of such option by ASPI.
As of the close of business on the date hereof, Target has reserved 9,272,768 shares of Common Stock for issuance to employees and consultants pursuant to the Target Stock Option Plans, of which 502,457 shares have been issued pursuant to option exercises or direct stock purchases, 4,325,794 shares are subject to outstanding, unexercised options, and no shares are subject to outstanding stock purchase rights.