Vested Option Holder definition

Vested Option Holder means each holder of Vested Options as of immediately prior to the Effective Time.
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Vested Option Holder means a Person which holds Vested Options as of a particular date.
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Vested Option Holder means a holder of Vested In-The-Money Stock Options.
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Examples of Vested Option Holder in a sentence

  • The portion of the Total Common Earn-Out Consideration payable to each Vested Option Holder shall be paid, subject to applicable withholding taxes, in accordance with Section 2.6(b).

  • Any Exempt Vested Option Holder who has not theretofore received its aggregate Per Company Option Closing Payments or applicable portion of Future Payments, if any and when due and payable in accordance with the terms and conditions set forth in this Agreement, in accordance with Section 5.2(a) and this Section 5.5, shall thereafter look only to Parent for payment of such Per Company Option Closing Payments or applicable portion of Future Payments, respectively.

  • After the Effective Time, as soon as reasonably practicable after receipt by the Company of such duly executed Option Holder Consent, Parent shall, in exchange therefor pay to such Vested Option Holder the Initial Option Closing Payment payable in respect of each Vested Option.

  • Parent shall, or shall cause the Surviving Company or its designee, to deliver the applicable portion of each Future Payment to each Subject Vested Option Holder.

  • Promptly after the Effective Time (and in any event within three (3) Business Days thereafter), Parent shall cause the Surviving Company or its designee to pay to each Subject Vested Option Holder a cash amount in immediately available funds equal to the aggregate Per Company Option Closing Payments payable with respect to the Vested Company Options held by such Holder through the payroll system of the Surviving Company.

  • Nothing in Section 3.18(c)(i) shall be deemed to apply to payments to any employee, director or officer in their capacity as a Shareholder or a Vested Option Holder.

  • Such amounts shall be paid by Parent directly to the holders of the Vested Options and shall be subject to any applicable withholding and the deposit at the Effective Time of a portion of such payment with the Escrow Agent as a corresponding portion of the Escrow Funds pursuant to Section 2.7. The Company agrees to obtain a signed Option Holder Consent from each Vested Option Holder.

  • At Closing, each then outstanding vested Company Option including any Unassumed Equity Awards that are accelerated by operation of Section 2.4(b) (each, a “Vested Option”), shall be cancelled, and each Vested Option Holder shall be entitled to receive, subject to applicable Tax withholding, an amount equal to the product of (A) the total number of shares in the capital of the Company subject to the Vested Options held by such Vested Option Holder and (B) the Vested Option Payment.


More Definitions of Vested Option Holder

Vested Option Holder has the meaning set forth in Section 3.1(a).
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Vested Option Holder as defined in Section 1.5 (a)(ii).
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Related to Vested Option Holder

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

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

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Company Optionholder means a holder of one or more Company Options;

  • 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.

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

  • Option Holders means the holders of the Options.

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

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

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

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

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

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

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

  • Company Optionholders means the holders of Company Options.

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

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

  • Optionholder means a person to whom an Option is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Option.

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

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Optionee means an Employee or Consultant who receives an Option.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • 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.

  • Top-Up Option has the meaning set forth in Section 1.04(a).