Stock Options and Other Stock Based Compensation Sample Clauses

Stock Options and Other Stock Based Compensation. The Company shall have complied with its obligations under Section 3.08, and if requested by Parent, shall have provided evidence of such compliance to Parent.
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Stock Options and Other Stock Based Compensation. (a) At or immediately prior to the Effective Time, each option to purchase Shares outstanding under any stock option or compensation plan or arrangement of the Company covering any current or former employee, director or other service provider (a "Company Stock Option"), whether vested or unvested, shall be canceled, and the Company shall pay each holder of any such option at or promptly after the Effective Time for each such option an amount in cash determined by multiplying (i) the excess, if any, of the Offer Price per Share (or, if lesser, the fair market value of a Share as of the Effective Time, as determined in accordance with Section 409A of the Code) over the applicable exercise price of such option by (ii) the number of Shares such holder could have purchased (assuming full vesting of all options) had such holder exercised such option in full immediately prior to the Effective Time.
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Stock Options and Other Stock Based Compensation. During the tax years 2004-2007, Altera U.S. granted stock options and other stock-based compensation to some of its employees, including those who performed R&D activities as a part of the CSA. This portion of stock-based compensation was not included in the total cost pool to be shared as per the CSA. The IRS issued a notice of deficiency and increased the amount of payment Altera International had to make to account for the stock-based compensation costs Altera U.S. incurred. The IRS cited Reg. Sec. 1.482-7(d)(2), which requires related parties in a CSA to share stock-based compensation costs to achieve arm’s length result. However, because the IRS could not provide concrete evidence of unrelated parties sharing this information and that sharing stock-based compensation indeed conforms to arm’s-length standard, the Tax Court sided with Altera. The Court concluded that the related regulation was not valid in upholding the arm’s-length standard. In July 2018, the Ninth Circuit initially reversed this decision by the Tax Court, requiring related entities to share the cost of stock-based compensation in cost sharing agreements (Kassam, 2018). However, due to the death of Judge Xxxxxxxxx, who died before the opinion was released, the opinion was withdrawn and set for re-decision with Judge Xxxxx Xxxxxx (American Bar Association, 2018). Many law professors sided with the IRS in this case, citing that comparable transactions are unreliable in determining whether parties should share stock-based compensation. This is because independent parties do not enter into cost sharing agreements, reducing the reliability of any comparable transactions found (Kassam, 2018).
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Stock Options and Other Stock Based Compensation 
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Related to Stock Options and Other Stock Based Compensation

  • Stock Based Compensation Executive will be eligible to participate in the Company's Employee Stock Purchase Plan and to be considered by the Compensation Committee for grants or awards of stock options or other stock-based compensation under the Company's Stock Incentive Plan or similar plans from time to time in effect. All such grants or awards shall be governed by the governing Plan and shall be evidenced by the Company's then standard form of stock option, restricted stock or other applicable agreement.

  • Other Stock-Based Awards The Committee may grant types of equity-based or equity-related Awards not otherwise described by the terms of the Plan (including the grant or offer for sale of unrestricted Shares), in such amounts (subject to Article IV) and subject to such terms and conditions, as the Committee shall determine. Such Other Stock-Based Awards may involve the transfer of actual Shares to Participants, or payment in cash or otherwise of amounts based on the value of Shares and may include Awards designed to comply with or take advantage of the applicable local laws of jurisdictions other than the United States.

  • Stock-Based Awards The vesting of any stock-based compensation awards which constitute Section 409A Deferred Compensation and are held by the Executive, if the Executive is a Specified Employee, shall be accelerated in accordance with this Agreement to the extent applicable; provided, however, that the payment in settlement of any such awards shall occur on the Delayed Payment Date. Any stock based compensation which vests and becomes payable upon a Change in Control in accordance with Section 8(e)(i) shall not be subject to this Section 22(d).

  • Equity-Based Compensation The Executive shall retain all rights to any equity-based compensation awards to the extent set forth in the applicable plan and/or award agreement.

  • Restricted Stock and Stock Options Employer shall cause the Compensation Committee of the Board of Directors of Employer to review whether Employee should be granted shares of restricted stock and/or options to purchase shares of common stock of CBSI. Such review may be conducted pursuant to the terms of the Community Bank System, Inc. 2014 Long-Term Incentive Plan, a successor plan, or independently, as the Compensation Committee shall determine. Reviews shall be conducted no less frequently than annually.

  • Stock and Stock Options Subject to vesting, as set forth on Exhibit B, the Company will issue to Director stock and options as set forth and described on Exhibit B. Company shall issue said stock and options within sixty (60) days from the execution of this Agreement by both parties.

  • Performance-Based Compensation During the Period of Employment and assuming Executive remains continuously employed by the Company through the end of the relevant fiscal year, Executive shall also be entitled to participate in an annual performance-based cash bonus program as set forth in Exhibit B.

  • Stock Option Awards During the Term, the Executive shall be eligible for awards of options to purchase shares of the Company’s common stock (the “Stock Options”), such Stock Options to be awarded in the sole discretion of the Compensation Committee and in accordance with the terms of the Company’s Stock Option Plan, as such Stock Option Plan may be amended, suspended or terminated from time to time.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Stock Options and Restricted Stock Units The Executive acknowledges that as of the Resignation Date, the Executive was vested in Stock Options and Restricted Stock Units (“RSUs”) as reflected in the report attached as Exhibit A hereto. Except as specifically set forth herein, the Executive’s rights with respect to Stock Options and RSUs issued to him/her are governed by the Stock Option and Restricted Stock Unit Agreements entered into between the Executive and the Company, and the applicable Company equity incentive plan(s) and Notice(s) of Grant.

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