Unvested Company Stock Option definition

Unvested Company Stock Option means each Company Stock Option held by the Purchaser immediately prior to the Effective Time that is unvested as of immediately prior to the Effective Time (without regard to the cancellation of such Company Stock Options required by Section 2.09(a) of the Merger Agreement).

Unvested Company Stock Option means each Company Stock Option other than a Vested Company Stock Option.

Unvested Company Stock Option. Each validly granted Company Stock Option (or portion thereof) outstanding immediately prior to the Effective Time that is not vested and exercisable as of immediately prior to the Effective Time, after giving effect to any vesting acceleration arising in connection with the Merger.

Examples of Unvested Company Stock Option in a sentence

• The lucrative payments to be received by the Company’s officers and directors are detailed in the excerpt from the Recommendation Statement below: Payments in Payments in Respect of Respect of Total Number of Vested Number of Unvested Company Vested Company Unvested Company Stock Option Company Stock Options Company Stock Options Payments Name of Executive Officer or Director Stock Options ($) Stock Options ($) ($) James F.

• Each Assumed Option will be exercisable for that number of whole shares of Parent Common Stock equal to the product (rounded to the nearest whole share, or with respect to an Assumed Option that is intended to be an incentive stock option under Code Section 422, rounded down to the nearest whole share) of (1) the number of shares of Company Common Stock that were issuable upon exercise of such Unvested Company Stock Option immediately prior to the Effective Time, and (2) the Option Exchange Ratio.

• As soon as practicable after the Effective Time, Parent shall deliver to each holder of an outstanding Unvested Company Stock Option an appropriate notice setting forth such holder's rights pursuant thereto and that such Company Stock Option shall continue in effect on the same terms and conditions (subject to the adjustments required by this Section 2.2.2 after giving effect to the Merger).

• Each outstanding Company Stock Option that is either not vested or not exercisable at the Effective Time (“Unvested Company Stock Option”), shall be cancelled and rendered null and void, with no consideration of any kind payable to any Person with respect to such Unvested Company Stock Option.

• Effective as of the Effective Time, each Unvested Company Stock Option will be assumed by Parent and converted into an option to purchase Parent Common Stock (each, an “Assumed Option”).

More Definitions of Unvested Company Stock Option

Unvested Company Stock Option means, as of immediately prior to the Effective Time, all Company Stock Options that are not Vested Company Stock Options.

Unvested Company Stock Option means a Company Stock Option (or portion thereof) that is outstanding as of immediately prior to the Effective Time and (after giving effect to any accelerated vesting in connection with the transactions contemplated by this Agreement as provided for on the date hereof in the agreement evidencing such Company Stock Option or in any amendment to such agreement between the Company and the holder of such Company Stock Option in effect on the date hereof) is not a Vested Company Stock Option.

Unvested Company Stock Option means that Company Stock Option that is unexpired, unexercised and outstanding immediately before the Effective Time and which is unvested and not exercisable as of immediately before the Effective Time. If a Company Stock Option is unvested with respect to some, but not all, of the shares underlying such Company Stock Option, then “Unvested Company Stock Option” shall refer to the unvested portion of such Company Stock Option. *** Text Omitted and Filed Separately Confidential Treatment Requested Under 17 C.F.R. §§ 200.80(b)(4) and 240.24b-2

Unvested Company Stock Option shall refer to the unvested portion of such Company Stock Option. *** Text Omitted and Filed Separately Confidential Treatment Requested Under 17 C.F.R. §§ 200.80(b)(4) and 240.24b-2

Unvested Company Stock Option means a Company Stock Option that is not a Vested Company Stock Option and (y) a “Vested Company Stock Option” shall mean a Company Stock Option that is vested and exercisable as of immediately prior to the Effective Time, including any Company Stock Option that pursuant to its terms as in effect on the date hereof becomes vested in connection with the transactions contemplated by this Agreement.

Unvested Company Stock Option. Each validly granted Company Stock Option (or portion thereof) outstanding immediately prior to the Effective Time that is not vested and exercisable as of immediately prior to the Effective Time, after giving effect to any vesting acceleration arising in connection with the Merger. “Unvested In the Money Company Stock Option”: Each Unvested Company Common Stock Option that is an In the Money Company Stock Option. “Vested In the Money Company Stock Option”: Each In the Money Company Stock Option (or portion thereof) that is vested and exercisable as of immediately prior to the Effective Time, after giving effect to any vesting acceleration arising in connection with the Merger.

Unvested Company Stock Option shall refer to the unvested portion of such Company Stock Option.