Tranche A Options definition

Tranche A Options. [•] $ [•]
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Tranche A Options means the options designated as Tranche A Options under the Company’s 2003 Stock Option Plan.”Tranche B Options” means the options designated as Tranche B Options under the Company’s 2003 Stock Option Plan.
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Tranche A Options means those Options designated by the Board as Tranche A Options.
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Examples of Tranche A Options in a sentence

  • Except as provided with respect to Tranche A Options in connection with a termination without Cause within one year following a Change in Control, unvested Options shall be cancelled for no consideration upon a termination for any reason.

  • Except as provided with respect to Tranche A Options in connection with a termination without Cause or for Good Reason within one year following a Change in Control, unvested Options shall be cancelled for no consideration upon a termination for any reason.

  • The price (the “Option Price”) at which the Optionee shall be entitled to purchase the Tranche A Options, the Tranche B Options, and the Tranche C Options, respectively, upon exercise, shall be the price per Share set forth on the signature page hereto (subject to adjustment as provided in Section 12 of the Plan).

  • Twenty-percent (20%) of the Tranche A Options shall become Vested Options and shall become exercisable on each of the first five anniversaries of the Grant Date.

  • The term “Exercise Date” refers to the 31st day of January (i.e., January 31st) of each year in which a Stock Option may be exercised (with each such year being an odd-numbered year for Tranche A Options and an even-numbered year for Tranche B Options).

  • Standing committees of the Village are appointed by the Village president, subject to confirmation by the Village Board, and shall be composed as prescribed in Subsection (b).

  • Tranche A Options shall be issued to employees of the Reorganized Debtors and their Subsidiaries in accordance with an allocation recommended by the Chief Executive Officer of Reorganized Group and approved by the Compensation Committee of the Board of Directors of Reorganized Group; provided, a designee of Hicks Muse and a designee of GSC must consent to such allocation.

  • A pre-launch control plan is defined by increased frequency, levels of inspection and increased controls during the early stages of production.

  • The Scheme became effective on 18 December 2013.The maximum number of share options currently permitted to be granted under the Scheme is in aggregate 14,035,595 shares, including the Tranche A Options granted for a total number of 7,017,798 shares and the Tranche B Options granted for a total number of 7,017,797 shares.

  • In the event of a Change in Control, any Tranche A Options that have not become vested at the time of such Change in Control shall be cancelled and converted into an award (a “Converted Award”) representing the right to receive an amount in cash equal to the product of (i) the number of shares of Common Stock then subject to such Tranche A Options multiplied by (ii) the excess, if any, of (A) the price per share of Common Stock paid in such Change in Control over (B) the Option Price.


More Definitions of Tranche A Options

Tranche A Options. Tranche A will be comprised of options equal in number to 34.3% of the Option Pool (6% of the 17.5% pro forma ownership). Tranche A Options vest immediately at Closing, with the exception of Tranche A1 Options described below. 50% of the Tranche A Options issued to Jim X. Xxxxxx, Xxvix X. Xxxxx xxx John X. Xxxxxx (xxe "Tranche A1 Options") will vest ratably on the first day of each month for the 24 months following the first anniversary of the closing date. If a Tranche A1 Optionholder leaves voluntarily or is terminated for cause prior to the third anniversary of the Closing Date, such person's unvested Tranche A1 Options will be forfeited. If such Tranche A1 Optionholder's employment terminates for any other reason, all of such Optionholder's Tranche A1 Options vest immediately.
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Tranche A Options. You were granted 200,000 “Tranche A Options” (as defined in the MSA) (i.e., options to purchase Class A common shares of UAI at $6.50/share) pursuant to the Share Option Agreement dated as of September 5, 2003 between yourself and UAI (the “Tranche A Option Agreement”). The Company is in physical possession of these Tranche A Options. Such Tranche A Options shall be treated as follows: (x) effective as of the dates specified below, 106,175 of such Tranche A Options may be exercised by you at any time beginning on the dates set forth below by payment to the Company (as provided in clause (vii) below) of the aggregate exercise price for those Tranche A Options subject to exercise, and (y) effective as of the date hereof, the remaining 93,825 Tranche A Options shall be cancelled upon the execution of this Agreement and the payment to you by the Company or an affiliate of $328,388, subject to applicable taxes and withholding. Class A Shares acquired upon the timely exercise of the Tranche A options referenced in subclause (x) above (the “Exercisable Tranche A Options”) shall no longer be subject to any of the provisions of the MSA, including without limitation the transfer restrictions of Article II and the limited call and put rights of Article IV of the MSA. With respect to the 106,175 Exercisable Tranche A Options, the Tranche A Option Agreement and the MSA shall not apply to (I) 46,000 of such Exercisable Tranche A Options (or shares acquired upon the exercise thereof) on November 7, 2005 and (II) 4,800 Exercisable Tranche A Options (or shares acquired upon the exercise thereof) on each Monday thereafter until December 12, 2005 as the last such Monday; provided that as of January 1, 2006, (i) the Tranche A Option Agreement and MSA shall not apply to any of the Exercisable Tranche A Options (or shares acquired upon the exercise thereof) and (ii) the Tranche A Option Agreement shall be void and without force or effect and therefore, any Tranche A Options (or shares acquired upon the exercise thereof) then owned by you shall be free and clear of any restrictions otherwise imposed by such Agreement or the MSA. All UAI shares that you purchase as a result of your exercise of these Exercisable Tranche A Options upon the release of restrictions on such Exercisable Tranche A Options according to the above schedule, shall be marketable, transferable and free and clear of all restrictions on sale or transfer.
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Related to Tranche A Options

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche 2 means the amount of [**] to be applied in payment of the third pre-delivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche A Note means a promissory note of the Borrower payable to the order of any Tranche A Bank, in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of the Borrower to such Tranche A Bank resulting from Tranche A Advances.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Tranche A Notes is defined in Section 1.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Term Loan as defined in Section 2.1.