Treatment of Stock Sample Clauses

Treatment of Stock. Your outstanding options to purchase shares of the Company’s common stock will stop vesting at the time of your termination or resignation. You will have until the earlier of (i) the expiration date of the option term or (ii) the end of the severance period measured from the date your severance payment period ends in which to exercise your options for any shares in which you are otherwise vested at the time of your termination or resignation.
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Treatment of Stock. (a) At the First Merger Effective Time, by virtue of the First Merger and without any action on the part of the holders of any securities of the Company or of Merger Sub:
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Treatment of Stock. Based Awards; ESPP), (c) the D&O Indemnitees shall be third party beneficiaries of, and entitled to rely on, Section 6.11 (
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Treatment of Stock. From and after the Closing, all of the capital stock of ASM shall be held by PGI.
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Treatment of Stock. OPTIONS Prior to the Effective Time, Discount and Hi/Lo shall take all such actions as may be necessary to cause each unexpired and unexercised option under stock option plans of Hi/Lo in effect on the date hereof which has been granted (other than pursuant to the Hi/Lo 1991 Associate Stock Purchase Plan) to current or former directors, officers or employees of Hi/Lo and which remain outstanding on the Closing Date (each, a "Hi/Lo Option") to be mandatorily surrendered to the Company within 10 days after the Effective Time in exchange for the payment to the optionee of an amount of cash per share equal to the greater of (A) $.01 or (B) the excess, if any, of (x) the Exchange Ratio multiplied by the Discount Average Share Price over (y) the exercise price per share under such Hi/Lo Option. At the Effective Time, automatically and without any action by any Person, each Hi/Lo Option shall become immediately and fully exercisable.
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Treatment of Stock. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (excluding any Dissenting Shares) shall convert into the right to receive, from Purchaser, the Closing Per Share Merger Consideration, without interest, and, from or at the direction of Shareholder Representative in accordance with Schedule 1.5, any amounts that may become payable in respect of such share of Company Common Stock in the future from the Escrow Amount, the Shareholder Representative Deposit Amount or in respect of any post-closing merger consideration adjustment pursuant to Section 1.11 (the “Post-Closing Adjustment”), at the respective times and subject to the contingencies specified herein. All such shares of Company Common Stock shall cease to be outstanding and shall automatically be cancelled and retired and shall cease to exist at the Effective Time, and each certificate previously evidencing any such shares shall thereafter represent only the right to receive the Per Share Merger Consideration in accordance with the terms and conditions of this Agreement. The holders of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time shall from and after the Effective Time cease to have any rights with respect to such shares of Company Common Stock, except payment of the Per Share Merger Consideration in accordance with the terms and conditions of this Agreement.
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Treatment of Stock. In order that Seller may distribute such shares readily to its interest holders, the share certificates issued by Purchaser shall be in the denominations, amounts, and names requested by Seller prior to closing. If Purchaser effects a stock split, stock dividend, reverse stock split, spin-off, or similar change in its capital structure between the date of this agreement and the date set for closing, there shall be an equitable adjustment to the number of shares to be issued in accordance with the terms of this paragraph to reflect such change or changes. Purchaser shall bear all necessary and reasonable expenses incurred by Seller in the distribution of such shares to Seller's interest holders, except that Seller shall bear those expenses referred to in paragraph 6 of this agreement. (d)
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Treatment of Stock. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than Dissenting Shares) shall convert into the right to receive the Closing Per Share Merger Consideration, without interest, together with any amounts that may become payable in respect of such share of Company Common Stock in the future from the Holdback Amount or in respect of the Post-Closing Adjustment, at the respective times and subject to the contingencies specified herein. All such shares of Company Common Stock shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist at the Effective Time, and each certificate previously evidencing any such shares shall thereafter represent only the right to receive the Merger Consideration in accordance with this Section 2.5(c). The holders of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time shall from and after the Effective Time cease to have any rights with respect to such shares of Company Common Stock, except payment of the Merger Consideration in accordance with this Section 2.5(c).
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Treatment of Stock 
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Related to Treatment of Stock

  • Treatment of Stock Options 6 ARTICLE III.

  • Treatment of Shares 3 Section 2.1 Effect of the Merger on Capital Stock..................... 3 Section 2.2 Exchange of Certificates.................................. 3

  • Aggregation of Stock All shares of Registrable Securities held or acquired by Affiliates shall be aggregated together for the purpose of determining the availability of any rights under this Agreement and such Affiliated persons may apportion such rights as among themselves in any manner they deem appropriate.

  • Grant of Stock The Company hereby grants to Executive an aggregate of ___________ shares of Restricted Stock (the “Shares”), subject to vesting as provided in Section 2.

  • Impact of Stock Splits, Etc In the event of any change in ---------------------------- Evergreen Common Stock and/or Shares between the date of this Agreement and the Effective Time of the Merger by reason of any stock split, stock dividend, subdivision, reclassification, recapitalization, combination, exchange of shares or the like, the number and class of shares of Surviving Corporation Common Stock to be issued and delivered in the Merger in exchange for each outstanding Share as provided in this Agreement shall be proportionately adjusted.

  • Treatment of Restricted Stock Subject to Article III, Section C of the Plan and Section 13(b), in the event of a Change in Control, in the Company’s discretion, (i) the unvested shares of Restricted Stock may be continued (if the Company is the surviving entity); (ii) the unvested shares of Restricted Stock may be assumed by the successor entity or parent thereof; (iii) the successor entity or parent thereof may substitute for the shares of unvested Restricted Stock a similar stock award with substantially similar terms; (iv) an appropriate substitution of cash or other securities or property may be made for the unvested shares of Restricted Stock based on the Fair Market Value of the Shares issuable upon vesting of the Restricted Stock at the time of the Change in Control; and/or (v) vesting of the unvested Restricted Stock may be accelerated upon the Change in Control.

  • Treatment of Options Immediately prior to the Effective Time, each option to purchase Shares (each, a “Company Option”) under any stock option or other equity or equity-based plan of the Company, including the 2007 Equity and Incentive Plan, as amended and restated effective as of June 11, 2013 (the “Company Equity Plans”), that is unexpired and unexercised and vested immediately prior to the Effective Time (a “Vested Company Option”) (or portion thereof), shall be cancelled and, in exchange therefor, each former holder of any such cancelled Vested Company Option shall be entitled to receive, in consideration of the cancellation of such Vested Company Option and in settlement therefor, a payment in cash (subject to any applicable withholding or other Taxes required by applicable Law) of an amount equal to the product of (i) the total number of Shares subject to such Vested Company Option immediately prior to such cancellation and (ii) the excess, if any, of the Merger Consideration over the exercise price per Share subject to such Vested Company Option immediately prior to such cancellation (such amounts payable hereunder being referred to as the “Option Payments”). No holder of a Vested Company Option that, as of immediately prior to such cancellation, has an exercise price per Share that is equal to or greater than the Merger Consideration shall be entitled to any payment with respect to such cancelled Vested Company Option. From and after the Effective Time, each Vested Company Option shall no longer be exercisable by the former holder thereof, but shall only entitle such holder to the payment of the Option Payment, if any. On or as soon as practicable following the Closing, but in any event no later than 15 days following the Closing, the Surviving Corporation shall make, by a payroll payment through the Company’s or Merger Sub’s payroll provider and subject to withholding, if any, as described in Section 2.5 to each holder of Vested Company Options, such holder’s Option Payment.

  • Distribution of Stock Subject to Section 8, the Company shall cause the Participant to be the record owner of any shares of Stock to which the Participant becomes entitled to receive under this Agreement in accordance with the payment terms described in Section 3.

  • Reservation of Stock The Company will at all times reserve and keep available, solely for issuance and delivery upon the exercise of this Warrant, such number of Warrant Shares and other securities, cash and/or property, as from time to time shall be issuable upon the exercise of this Warrant.

  • Treatment of Stock Dividends, Stock Splits, etc In case the Company at any time or from time to time after the date hereof shall declare or pay any dividend on the Common Stock payable in Common Stock, or shall effect a subdivision of the outstanding shares of Common Stock into a greater number of shares of Common Stock (by reclassification or otherwise than by payment of a dividend in Common Stock), then, and in each such case, Additional Shares of Common Stock shall be deemed to have been issued (a) in the case of any such dividend, immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividend, or (b) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.

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