UK Subplan definition
Examples of UK Subplan in a sentence
The terms of the U.K. Sub-plan apply to the grant of Restricted Shares.
The terms of the U.K. Sub-plan apply to the PSUs. This Statement of Management Objectives applies to the performance-based Restricted Stock Units granted to the Grantee on the Date of Grant and applies with respect to the Performance Share Units Agreement between the Company and the Grantee (the “Agreement”).
A copy of the UK Sub-plan is attached to this Section 4.5 as Appendix “E”.
For the purpose of the Plan and the U.K. Subplan, the implied duty of trust and confidence is expressly excluded.
At the Company Merger Effective Time, each option to acquire shares of Company Common Stock outstanding immediately prior to the Company Merger Effective Time (the "Company Stock Options") granted pursuant to the Company's 1999 Stock Option Plan, other than options granted under the U.K. Subplan, whether vested or unvested, will be converted into an option to acquire such number of validly issued and fully paid Parent ADSs in accordance with this Section 2.3(d).
UK Seller Stock Options held by holders who accept the Rollover Offer will be converted into options to acquire shares of Buyer Common Stock in an amount and at an exercise price determined in accordance with section 2.1(e)(i) and such options shall be subject always to the terms of the Seller UK Sub-plan and the agreements evidencing grants thereunder, either at the Effective Time or shortly after the Effective Time depending on when the Rollover Offer is made.
All grants made pursuant to the Seller Stock Plans (other than the Seller ESPP and the Seller UK Sub-plan) shall continue in effect on the same terms and conditions (other than as set forth in the provisions of this Section 2.1(e)).
The terms of the Rollover Offer will be agreed (if possible) with the UK Inland Revenue in order to preserve the tax advantages of the Seller UK Sub-plan.
Notwithstanding the foregoing, as of the Company Merger Effective Time, all options outstanding under the 2000 Stock Option Plan and the U.K. Subplan under the 1999 Stock Option Plan shall not be assumed and shall accelerate and become fully vested and exercisable and to the extent not exercised as of the Company Merger Effective Time, together with the 2000 Stock Option Plan, shall terminate and be of no force and effect.
Unless otherwise defined herein, the terms defined in the UK Sub-plan of the Omniture, Inc.