Vested Optioned Shares definition

Vested Optioned Shares has the meaning specified in Section 5(a) hereof.
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Vested Optioned Shares means Optioned Shares which are not subject to the Corporation’s Right of Repurchase.
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Vested Optioned Shares such that all of the Optioned Shares shall be Vested Optioned Shares as of and after June 26, 2010 if a Termination Date does not occur prior to such date. The table set forth below identifies the number of Optioned Shares and the applicable vesting dates pursuant to which the Optionee may exercise this Option. Date Percentage Vested Optioned Shares June 26, 2007 25 % 175,000 September 26, 2007 6.25 % 218,750 December 26, 2007 6.25 % 262,500 March 26, 2008 6.25 % 306,250 June 26, 2008 6.25 % 350,000 September 26, 2008 6.25 % 393,750 December 26, 2008 6.25 % 437,750 March 26, 2009 6.25 % 481,250 June 26, 2009 6.25 % 525,000 September 26, 2009 6.25 % 568,750 December 26, 2010 6.25 % 612,500 March 26, 2010 6.25 % 656,250 June 26, 2010 6.25 % 700,000
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Examples of Vested Optioned Shares in a sentence

  • The Optionee shall have the right to exercise this Option for all or a portion of the Optioned Shares which have become Vested Optioned Shares as of the date of exercise in accordance with this paragraph (a).

  • Upon the occurrence of a Disposition Event (other than a Qualified Public Offering) prior to a Termination of Employment, 50% of the then Unvested Optioned Shares shall become Vested Optioned Shares.

  • On August 13, 2004, if a Termination of Employment does not occur prior to such date, 25% of the Optioned Shares shall become “Vested Optioned Shares”, and on each Quarterly Vesting Date thereafter prior to a Termination of Employment, 6.25% of the Optioned Shares shall become “Vested Optioned Shares”, such that all of the Optioned Shares shall be Vested Optioned Shares as of and after August 13, 2007 if a Termination of Employment does not occur prior to such date.

  • On the first anniversary of the date hereof prior to a Termination of Employment, 25% of the Optioned Shares shall become “Vested Optioned Shares”, and on each Quarterly Vesting Date thereafter prior to a Termination of Employment, 6.25% of the Optioned Shares shall become “Vested Optioned Shares”, such that all of the Optioned Shares shall be Vested Optioned Shares as of and after November 1, 2006 if a Termination of Employment does not occur prior to such date.

  • Any Vested Option may be exercised in accordance with the Rules, which govern the “Exercise Date” and require written notice on a Company form which states the election to exercise the Option and the total number of Vested Optioned Shares that are being exercised.

  • In no event shall the aggregate number of Vested Optioned Shares exceed the total number of Optioned Shares.

  • No portion of the Option shall be exercisable with respect to a fractional Share, and no fewer than one hundred (100) Vested Optioned Shares may be purchased in connection with the exercise of any portion of an Option (unless the remaining unexercised Vested Optioned Shares are fewer than one hundred (100)).

  • Except as provided in Exhibit B or --------------------------------- --------- Exhibit C, as promptly as practicable after the receipt by the Company of full ---------- payment for Vested Optioned Shares which have been properly exercised, the Company shall deliver to the Optionee a stock certificate representing the stock of the Company so purchased.

  • If the number of Vested Optioned Shares is not evenly divisible by three, the Corporate Secretary’s office shall allocate the additional Vested Optioned Share to the earliest ratable Vesting date.

  • Notwithstanding any provisions herein to --------- the contrary, the determination of Vested Optioned Shares which can be purchased at any time by the Optionee shall be as set forth in Exhibit B attached hereto --------- and made a part hereof.

Related to Vested Optioned Shares

  • 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.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

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

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

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

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

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

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

  • 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.

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

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

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

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

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • 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.

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

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

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

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

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

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

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

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