Examples of Existing Stock in a sentence
You will surrender those of your Existing Stock Options as you shall indicate by writing "yes" in the box(es) provided in the right hand column of the table on Exhibit A attached hereto.
Existing Stock – Licensees are permitted to sell or distribute products that do not meet the label requirements of the rule for one and one-half years after the effective date of the rule.
The New Stock Options will (i) be for the same number of shares of stock as Existing Stock Options that you surrender for cancellation, (ii) vest on the same dates as the Existing Stock Options that you surrender for cancellation, and (iii) be exercisable at a price equal to the market value of the Company's common stock on July 31, 2002.
To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of such Existing Stock Option.
All Interests shall be canceled and holders of Interests shall receive no distributions under the Plan on account of such Interests; provided, however, that holders of Existing Stock as of the Existing Stock Record Date may participate in the Existing Stock Settlement, if eligible, on the terms and conditions described in Section 5.3 of the Plan.