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 that is not a Vested Company Stock Option.

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

Examples of Unvested Company Stock Option in a sentence

• Any vesting restrictions, forfeiture provisions or other contractual restrictions burdening an Unvested Company Stock Option shall remain in effect and unaffected by the occurrence of the Merger or any event connected with the Merger, except as expressly provided for by the terms and conditions under which such Unvested Company Stock Option was granted.

• The terms of the agreement governing an Unvested Company Stock Option shall remain the same as those terms in effect immediately prior to the Effective Time, except to reflect the substitution of Parent for the Company as the grantor of the option and the issuance of Parent Common Stock instead of Company Common Stock upon the exercise of such option.

• The exercise price per Parent Common Share subject to any such Adjusted Option will be an amount equal to the quotient of (A) the exercise price per share of Company Stock underlying such Unvested Company Stock Option immediately prior to the Effective Time divided by (B) the Exchange Ratio, with any fractional cents rounded up to the next whole cent.

• The per share exercise price for the Acquiror Common Stock issuable upon exercise of such Rollover Option shall be determined by dividing the per share exercise price for the shares of Company Common Stock subject to the Unvested Company Stock Option, as in effect immediately prior to the First Effective Time, by the Per Share Stock Consideration, and rounding the resulting exercise price up to the nearest whole cent.

• 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).

More Definitions of Unvested Company Stock Option

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

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 each Company Stock Option that is outstanding and unexercised as of immediately prior to the Effective Time and that is not a Vested Company Stock Option or an Additional Vesting Company Stock Option (which Unvested Company Stock Options shall include, for the avoidance of doubt, any Company Stock Options which may vest upon the occurrence of an Optionholder’s qualifying termination of employment on or following the Effective Time).

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.

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.