Unvested Company Stock Options definition

Unvested Company Stock Options shall have the meaning given in Section 2.9(a).
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Unvested Company Stock Options means all options to purchase Company Common Stock under the Company Stock Option Plan which are unvested as of the date of this Agreement.
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Unvested Company Stock Options means Company Stock Options that are not exercisable immediately prior to the Effective Time.
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Examples of Unvested Company Stock Options in a sentence

  • The conversion and assumption of the Unvested Company Stock Options is intended to comply with the regulations and other binding guidance under Section 409A of the Code and such converted Parent Options shall be subject to the same terms and conditions (including vesting schedule, expiration date, exercise provisions and transfer restrictions) as were applicable to the corresponding Unvested Company Stock Options immediately prior to the Effective Time.

  • Therefore to the degree that the consideration finally paid to a share of Company Common Stock is less than the maximum consideration payable to such share under the Agreement, disregarding any adjustments made under the escrow established under Section 1.13, the shares of Parent Common Stock finally issued to the holder of Unvested Company Stock Options shall be reduced to the same degree.

  • Parent shall take such actions as are necessary for the conversion of the Unvested Company Stock Options and Vested Company Stock Options for which the Cash Consideration is less than or equal to the exercise price per share of Company Stock underlying such Vested Company Stock Options to Adjusted Options pursuant to Section 3.10(a) and (b), including the reservation, issuance and listing of Parent Common Shares as is necessary.

  • As of the close of business on February 26, 2015, there were (i) 28,975,992 Shares outstanding; (ii) no shares of preferred stock of the Company outstanding, and (iii) 3,737,400 Company Stock Options outstanding, each of which is exercisable to purchase one share of Company Stock, 2,113,384 of which are Vested Company Stock Options and 1,624,016 of which are Unvested Company Stock Options.

  • For the avoidance of doubt, this Section 7 shall require the issuance by Parent of Parent Equity Grants equal in number to those shares of Parent Common Stock which were issued upon the conversion of Company Restricted Shares or issuable upon the exercise of Unvested Company Stock Options immediately following the Effective Time which are forfeited following the Effective Time.

  • Each Vested Company Stock Option for which the Cash Consideration is less than or equal to the exercise price per share of Company Stock underlying such Vested Company Stock Option shall be converted into an Adjusted Option in the same manner as, and using the same formulas applicable to, Unvested Company Stock Options as set forth in Section 3.10(b) below.

  • Except for the Accelerable Company Stock Options with a U.S. Dollar per share exercise price less than the U.S. Dollar Merger Consideration, all Unvested Company Stock Options shall be cancelled as of the Effective Time without payment therefor and shall have no further force or effect.

  • The Company shall take such action as shall be necessary or advisable pursuant to the Company Stock Plans and any applicable Option agreements, including without limitation, obtaining any necessary consents, to cause each Company Unvested Stock Option that remains outstanding as of the Effective Time to be cancelled and extinguished as of the Effective Time, such that such Unvested Company Stock Options shall not be entitled to any portion of the Merger Consideration or any other consideration.

  • It is the intention of the Parties that the Unvested Company Stock Options so assumed by Parent hereunder qualify, to the maximum extent permissible, following the Effective Time as “incentive stock options” as defined in Section 422 of the Code to the extent such options qualified as incentive stock options prior to the Effective Time.

  • Notwithstanding the foregoing, with respect to any Unvested Company Stock Options for which the exercise price per share attributable to such Unvested Company Stock Options is equal to or greater than the Merger Consideration, such Unvested Company Stock Options will be cancelled without any Cash Replacement Option Amount being paid in respect thereof.

Related to Unvested Company Stock Options

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

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

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

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Plan Share Award means a right granted under this Plan to receive Plan Shares.

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

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • SARS means the South African Revenue Service.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

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

  • Employee Option means an Option granted pursuant to Section 5.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.