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.

Unvested Option means an Option, which is not vested.

Unvested Option shall refer to the portion of the Option that is not vested at such time.

Examples of Unvested Option in a sentence

Unvested Option Shares will be deemed cancelled upon the effective date of termination.
The foregoing provisions of this Section 4(b) shall be implemented ratably across all Unvested Option Shares that are subject to the Option immediately prior to such Sale of the Company Transaction regardless of when the Option would have otherwise become exercisable for such Unvested Option Shares pursuant to Section 4(a) above.
Unvested Option Shares will be deemed cancelled upon the date of death.
Any remaining portion of the Unvested Option (after giving effect to the preceding sentence) shall be immediately terminated without the receipt of consideration by the Executive.
In no event shall the Parent Equity Awards (as defined below) be included as an Unvested Option.

More Definitions of Unvested Option

Unvested Option means an Option that is not a Vested Option.

Unvested Option means any Option (or portion thereof) that is not a Vested Option.

Unvested Option means, at any time, an Option that is not exercisable at such time;

Unvested Option means, on any date, that part of an Option that has not vested in accordance with these Rules and the Vesting Schedule.

Unvested Option means each Option outstanding and unexercised as of immediately prior to the Effective Time that is unvested and may not be exercised by the holder thereof prior to the Closing Date or on account of the Closing.

Unvested Option means all options to acquire shares of Common Stock which would be unvested or not exercisable as of immediately prior to the Effective Time, after giving effect to any acceleration provisions in respect of such options triggered by the Transactions (prior to any cancellation in accordance with Section 3.1(c)).

Unvested Option means each Option that is outstanding and unvested and not exercisable as of immediately prior to the Merger I Effective Time (after giving effect to acceleration that would result solely from the consummation of the Merger).