Each Stockholder shall promptly notify ReShape of any such event; provided, however, that nothing in this Section 3.04 or elsewhere in this Agreement shall obligate any Stockholder to convert, exercise, or exchange any Vyome Option or Vyome Warrant in order to obtain any underlying Vyome Shares.
Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Employee Option means an Option granted pursuant to Section 5.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Top-Up Option has the meaning set forth in Section 1.04(a).
Director Option means an Option granted pursuant to Section 6.
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 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.
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.
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.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock 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.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Option to Purchase has the meaning set forth in Section 13.1.
Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.
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.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
Non-Qualified Option means an Option that is not an Incentive Stock Option.