Class A Option definition

Class A Option means an option to purchase a number of shares -------------- of Common Stock, as specified in an option agreement, identified as a "Class A Option," which shall be subject to the exercise and termination provisions set forth in Section 8(a) hereof.
Class A Option means an Option evidenced by a Class A Option Agreement.
Class A Option means an option to purchase one or more shares of Class A Common Stock that is issued pursuant to an Iridium Benefit Plan.

Examples of Class A Option in a sentence

  • The Option also entitles the Optionee to purchase 1,556 shares of the Company's Class B Common Stock at a price equal to $100.00 per share (the "Class B Option Exercise Price" and, collectively with the Class A Option Exercise Price, the "Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class B Common Stock as of the Effective Date.

  • Accordingly, and notwithstanding the foregoing, if required, the exercise price of a Sulliden Class A Option or a SpinCo Option, as the case may be, will be increased such that the aggregate of the In-The-Money Amount of the Sulliden Class A Option and the In-The-MoneyAmount of the SpinCo Option immediately after the exchange does not exceed the In-The-Money Amount of the Sulliden Option immediately before the exchange.

  • The term to expiry, conditions to and manner of exercising, and all other terms and conditions of a Sulliden Class A Option or a SpinCo Option, will be the same as the Sulliden Option for which it is exchanged and any document evidencing a Sulliden Option shall thereafter evidence and be deemed to evidence such Sulliden Class A Option or SpinCo Option, as the case may be.

  • No Assignment of Shares in violation of this Agreement or the Class A Option or Class B Option shall be valid or effective, and neither the Company nor the Members shall recognize the same for the purpose of making allocations or Distributions.

  • The Class C Option Shares, together with the Class B Option Shares and the Class A Option Shares are collectively referred to herein as the "Option Shares".

  • Any deductions for compensation associated with the grant or exercise of a Class A Option, or the payments under Section 15.4, shall be allocated solely to the Management Company and without regard to the provisions of Sections 10.1 and 10.2 hereof.

  • Following the Effective Time, each Class A Optionholder shall cease to have any rights with respect to his or her Class A Options, except the right to receive the applicable Class A Option Merger Consideration for each Class A Option to be paid hereunder.

  • Upon the Management Company’s issuance of a Class A Option, the Management Company shall be granted a corresponding Operating Company Option.

  • The obligations of PM under this Agreement are subject to the satisfaction of the conditions set forth in Article VIII of the Class A Option Agreement and the obligations of the Ligg▇▇▇ ▇▇▇ties under this Agreement are subject to the satisfaction of the conditions set forth in Article VII of the Class A Option Agreement.

  • The Company Class A Option Value with respect to each Company Stock Option shall be paid as follows: $14.50 of the Company Class A Option Value shall be paid in cash and the remainder of the Company Class A Option Value shall be paid in shares of Parent Common Stock.


More Definitions of Class A Option

Class A Option means the Class A Option to purchase shares of Common Stock granted to the Optionee pursuant to this Option Agreement and described in Section 2(a) below.
Class A Option means an option to acquire Class A Common Stock that is outstanding and unexercised immediately prior to the Effective Time.
Class A Option means an option to purchase Class A Common Shares granted pursuant to the Incentive Plan.
Class A Option shall have the meaning set forth in Section 2.1.
Class A Option means a Class A option to acquire Shares, awarded to an Eligible Person pursuant to the Plan;
Class A Option means an option to purchase a number of shares of