Unexercised Option Shares definition

Unexercised Option Shares means, from and after the Exercise Date until the expiration of the Option Term, those Option Shares as to which the Option remains unexercised from time to time.
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Unexercised Option Shares means those Option Shares as to which the Option remains unexercised from time to time.
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Unexercised Option Shares means those Shares that are covered by a particular Option granted hereunder to the extent not exercised as of the date of such determination.
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Examples of Unexercised Option Shares in a sentence

  • If withholding is paid with Shares, Vested but Unexercised Option Shares or Purchased Shares, the amount of such payment will be equal to the Fair Market Value on the Date of Exercise of the Shares, Vested but Unexercised Option Shares or Purchased Shares surrendered.

  • UNC shall use its best efforts between the Agreement Date and the Closing Date to obtain the agreement of holders of UNC Stock Options to waive their right to receive Unexercised Option Shares and, in lieu thereof, agree to accept at the Effective Time Greenwich Class B Stock in the form of a Cashless Exercise as contemplated by Section 2.4(C).

  • UNC shall use its ---------------------------------- best efforts between the Agreement Date and the Closing Date to obtain the agreement of holders of UNC Stock Options to waive their right to receive Unexercised Option Shares and, in lieu thereof, agree to accept at the Effective Time Greenwich Class B Stock in the form of a Cashless Exercise as contemplated by Section 2.4(C).


More Definitions of Unexercised Option Shares

Unexercised Option Shares means, from and after the Exercise Date until the expiration of the Option Term, those the Option Shares as to which the Option remains unexercised from time to time.
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Related to Unexercised Option Shares

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Optioned Stock means the Common Stock subject to an Option.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.