Terminated Option definition
Examples of Terminated Option in a sentence
The aggregate exercise price for all of the shares covered by such Successor Option shall equal the aggregate exercise price of the Terminated Option.
In the event that the Terminated Options have more than one strike price, the Warrant Shares issuable with respect to such Terminated Options shall have an Exercise Price identical to the strike price of the related Terminated Option.
The aggregate exercise price for all of the shares covered by such Successor Option shall equal the aggregate exercise price of the Terminated Option; or Pay the Employee a bonus within ten (10) days after the consummation of the Change in Control in an amount agreed to by the Employee and the Company.
The Terminated Option is hereby terminated and rendered null and void effective immediately.
The Xxxxx Execution Version aggregate exercise price for all of the shares covered by such Successor Option shall equal the aggregate exercise price of the Terminated Option.
Employer and Executive acknowledge and agree that the option to purchase 59,550 shares of common stock of Employer (as adjusted for a subsequent reverse stock split) attached to the Employment Agreement as Exhibit E-3 is hereby terminated effective as of December 31, 2004 (the "TERMINATED OPTION"), and Executive shall have no further rights with respect to such Terminated Option.
As the highest applicable percentage ratio (as defined in the Listing Rules) in respect of the termination of the Terminated Option is higher than 0.1% but less than 5%, such termination of the Terminated Option is subject to the reporting and announcement requirements but exempted from independent shareholders’ approval under Chapter 14A of the Listing Rules.
The Terminated Option Scheme was terminated on 15 January 2008 upon the adoption of the New Option Scheme.
Given that Mr. Lau Chi Ping is the director of Tencent Holdings Limited, he has, therefore, abstained from voting in respect of the relevant Board resolution approving the termination of the Terminated Option.
The term of such Successor Option shall equal the remainder of the term of the Terminated Option (as if the Terminated Option had remained outstanding) and such Successor Option shall be fully vested and exercisable in full on the date of its grant; or Gentoso Execution Version (b) pay the Executive a cash amount within 10 days after the consummation of the Change in Control, in an amount agreed to by the Company and the Executive.