Vested Stock Options. Subject to Section 1.8(h), each Option that is vested, outstanding and unexercised immediately prior to the Effective Time (including all Options that vest contingent upon the Merger) (each such Option being referred to in this Agreement as an “Outstanding Vested Option”) shall not be assumed or substituted with an equivalent option or right but shall terminate and shall be cancelled at the Effective Time, and the holder thereof shall be entitled to receive for each share of Capital Stock subject to such Outstanding Vested Option:
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Under Armour, Inc.), Agreement and Plan of Merger (Under Armour, Inc.), Agreement and Plan of Merger (Under Armour, Inc.)
Vested Stock Options. Subject to Section 1.8(h2.9(h), at the Effective Time, each Company Option that is vested, outstanding and unexercised immediately prior to the Effective Time (including all Options after giving effect to any vesting that vest is contingent upon the Merger) shall be cancelled (each such Company Option being that is vested, unexercised and outstanding as of immediately prior to the Effective Time (after giving effect to any vesting that is contingent upon the Merger) is referred to in this Agreement as an “Outstanding Vested Option”) shall not be assumed or substituted with an equivalent option or right but shall terminate and shall be cancelled at the Effective Time), and the holder thereof shall be entitled to receive for each share of Capital Company Common Stock subject to such Outstanding Vested Option:
Appears in 1 contract
Samples: Agreement of Investment and Merger (Techne Corp /Mn/)
