Vested Company Stock Option definition

Vested Company Stock Option means each Company Stock Option held by the Purchaser immediately prior to the Effective Time that is vested 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).
Sample 1Sample 2Sample 3
Vested Company Stock Option means any Company Stock Option that by its terms (in whole or in part, and as those terms may be amended as permitted by the existing provisions of the Contract defining the Company Stock Option and by this Agreement) provides to the holder of the Company Stock Option a right to exercise the Company Stock Option to purchase Common Stock at any time on or prior to the Effective Time.
Sample 1Sample 2
Vested Company Stock Option shall refer to the vested portion of such Company Stock Option.
Sample 1Sample 2Sample 3

Examples of Vested Company Stock Option in a sentence

  • For the avoidance of doubt, if the Closing Amount does not exceed the exercise price payable in respect of each Share issuable under such Vested Company Stock Option, a Vested Company Stock Option shall be terminated and the holder thereof shall not be entitled to the any Option Consideration in respect thereof.

  • 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.

  • The following portions of Section 8 of the Initial Agreement shall be amended as follows: (i) the heading of Section 8.2 shall be changed to “Indemnification Obligations of the Stockholders and Vested Company Stock Option Holders” and (ii) “or holder of Vested Company Stock Options” shall be inserted immediately after “stockholder” in Section 8.3.

  • With respect to the portion of the Option Cash Payment relating to any Vested Company Stock Option, such Option Cash Payment shall be payable (without interest and less applicable withholding Taxes) in a lump sum promptly following the Closing Date.

  • Notwithstanding the foregoing, each Vested Company Stock Option with respect to which the corresponding Estimated Per Share Cash Amount is equal to (or deemed equal to) zero ($0) shall automatically be cancelled and cease to exist at the Effective Time, and no consideration shall be exchanged with respect thereto.

  • In the event that the per share exercise price of any Vested Company Stock Option or Vested Company SAR is equal to or greater than the Per Share Amount, such Vested Company Stock Option or Vested Company SAR shall be cancelled without consideration therefor and shall have no further force or effect.

  • Notwithstanding the foregoing, with respect to any Vested Company Stock Options or Additional Vesting Company Stock Option for which the exercise price per share attributable to such Vested Company Stock Option or Additional Vesting Company Stock Option is equal to or greater than the Merger Consideration, such Vested Company Stock Option or Additional Vesting Company Stock Option will be cancelled without any cash payment being made in respect thereof.

  • Each Vested Company Stock Option with a per share exercise price that is equal to or greater than the Merger Consideration shall be cancelled at the Effective Time without the payment of consideration therefor.

  • The payment of the Vested Company Stock Option Consideration will be subject to withholding for all required Taxes.

  • Illinois is home to a diverse population, and language barriers can prevent Limited English Proficient (LEP) residents from fully participating in all that the state has to offer.


More Definitions of Vested Company Stock Option

Vested Company Stock Option means, as of immediately prior to the Effective Time, all Company Stock Options to the extent they are vested and outstanding or that will vest at the Effective Time as a result of the consummation of the transactions contemplated by this Agreement.
Sample 1Sample 2Sample 3
Vested Company Stock Option means each outstanding Service Based Company Stock Option and each outstanding Performance Based Company Stock Option, except for the Company Stock Options identified on Section 1.01 of the Company Disclosure Schedule.
Sample 1Sample 2
Vested Company Stock Option means each Company Stock Option that is unexpired, unexercised and outstanding immediately before the Effective Time and which is vested and exercisable as of immediately before the Effective Time. If a Company Stock Option is vested with respect to some, but not all, of the shares underlying such Company Stock Option, then “Vested Company Stock Option” shall refer to the vested portion of such Company Stock Option.
Sample 1Sample 2
Vested Company Stock Option means a Company Stock Option (or portion thereof) that is outstanding, vested and exercisable as of immediately prior to the Effective Time (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).
Sample 1Sample 2
Vested Company Stock Option means each Company Option, or portion thereof, as to which, as of the First Step Merger Effective Time, all applicable vesting criteria has been satisfied, is outstanding, and is unexercised.
Sample 1
Vested Company Stock Option has the meaning set forth in SECTION 2.4(a).
Sample 1

Related to Vested Company Stock Option

  • Company Stock Option means an option to purchase shares of Common Stock.

  • Company Stock Options means all options to acquire shares of Company Common Stock from the Company, whether granted pursuant to the Company Stock Plans or otherwise.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock 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 stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • Company Stock Option Plans means the Company's Amended and Restated 1996 Stock Option Plan and 1998 Stock Purchase 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.

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

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

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

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

  • 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.

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

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

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

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

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

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

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Director Option means an Option granted pursuant to Section 6.

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

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