Unvested Option Shares definition

Unvested Option Shares means, at the relevant time of reference thereto, those Option Shares for which the Option has not yet become exercisable at such time pursuant to Section 4(a) and without giving effect to the provisions of Section 4(b) above.
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Unvested Option Shares means, at the relevant time of reference thereto, those Option Shares for which the Option have not yet become exercisable at such time pursuant to Section 4(a) above.
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Unvested Option Shares any Option Shares that have not vested and become capable of exercise in accordance with Clause 4.1 as at the date of completion of the Change of Control;
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Examples of Unvested Option Shares 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.

  • 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 automatic Acceleration pursuant to this Section 4(b) regardless of when the Option would have otherwise become exercisable for such Unvested Option Shares pursuant to Section 4(a) above.

  • No adjustment shall be made for a dividend or other right for which the record date is prior to the date of issuance of such Vested Option Shares or Unvested Option Shares.

  • Vested Option Shares shall be subject to the Company’s repurchase right as set forth in Section 6 of this Agreement and Unvested Option Shares shall be subject to the terms of the Unvested Stock Repurchase Agreement in the form attached hereto as Exhibit D (the “Unvested Stock Repurchase Agreement”) until such time as they shall become Vested Option Shares as set forth herein or in any other agreement between the Company and the Participant.

  • The Repurchase Notice shall indicate the number of Unvested Option Shares to be repurchased and the time and date for payment of the Repurchase Price (the “Closing”) on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice.

  • The Vested Option Shares and the Unvested Option Shares shall be issued as soon as practicable after the Option is exercised in accordance with this Agreement.

  • The Participant recognizes and agrees that the Unvested Option Shares which are subject to the Early Exercise Repurchase Right may not be sold, transferred, assigned, hypothecated, pledged, encumbered or otherwise disposed of, whether voluntarily or by operation of law, other than to the Company (or its designee, as the case may be).

  • Any Unvested Option Shares that become Vested Option Shares and are subject to the Repurchase Right shall remain in escrow in accordance with the terms and conditions of this Agreement.


More Definitions of Unvested Option Shares

Unvested Option Shares means, as of immediately prior to the Effective Time, the total number of shares of Company Common Stock that may be issuable to holders of Prior Options, to the extent such Prior Options are not vested as the Effective Time.
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Unvested Option Shares. Section 1.5(a) “U.S. GAAP” Section 2.7(a) “Vantage” Header
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Unvested Option Shares means the shares of Common Stock subject to Unvested Options.
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Unvested Option Shares means the total number of shares of Acquiror Common Stock which are issuable, in the aggregate, upon conversion of the Unvested Options in accordance with this Section 2.2(b) and, (ii) the term "Unvested Optionholder" shall mean the holder of an Unvested Option as of the Effective Time. For purposes of this Agreement, the parties acknowledge and agree that any of the Unvested Option Shares issuable pursuant hereto, shall be treated for all purposes as Merger Stock hereunder.
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Unvested Option Shares means “Unvested Option Shares” as defined in the Stock Option Agreement for an Option. “Vesting Event” means “Vesting Event” as defined in the Stock Option Agreement.
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Unvested Option Shares means the Option Shares issued pursuant to a Restricted Share Exercise which, as of any relevant date, have not yet vested in accordance with the terms of this Plan and the applicable Notice of Grant.
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Related to Unvested 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.

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

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

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

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

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

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

  • 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.

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

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

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

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

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

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

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

  • Incentive Shares means Shares awarded pursuant to the provisions of Article 12.

  • Retained Shares has the meaning set forth in the recitals.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

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

  • Common Shares means the common shares in the capital of the Corporation;

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);