Common Option definition

Common Option means each outstanding stock option or similar right to purchase one (1) share of Common Stock.
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Common Option means any option (including, other than for purposes of Section 2.4, commitments to grant options) to acquire shares of Company Common Stock, including options granted under the Option Plan.
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Examples of Common Option in a sentence

  • Except as otherwise expressly set forth herein, this Agreement, the Shareholders Agreement, the Common Option Agreement, the Preferred Option Agreement and the Registration Rights Agreement embody the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way.

  • To the extent the Common Option has not been exercised prior to the IPO, following the IPO the Company agrees to promptly register the exercise and potential resale of the shares subject to the Common Option on a Form S-8 with the Securities and Exchange Commission, and to maintain the effectiveness of such registration statement during the term of this Agreement and for 12 months thereafter.

  • If no IPO has occurred by January 1, 2001, then Employee (or his heirs) shall have the right (until such time as an IPO occurs) to sell to the Company vested shares of stock that he purchased pursuant to the Common Option that he has owned for at least 6 months at a price equal to 100% of the then fair market value of such shares, as determined by the Board in good faith, up to a maximum dollar amount of $630,000 (the "Put Right").

  • The Class A Common Options shall have an exercise price per share of $0.7044 per share of Class A Common Options (the “Class A Common Option Price”).

  • The aggregate of the Common Option Price and the Preferred Option Price of $4,497,120.50 is referred to herein as the "Option Price." Call Option.

  • Please provide the total number of independent written outputs, irrespective of whether they were published or not.

  • To the extent that any Canadian Stock Option is not so exercised by delivery of the exercise form to the Company prior to the Effective Time, such Canadian Stock Option shall lapse and be cancelled at the Effective Time without any right or entitlement to any portion of the Estimated Common Option Merger Consideration or Additional Common Option Merger Consideration in respect of the Common Stock underlying such lapsed Canadian Stock Option.

  • If the Company and the Common Optionees do not elect to purchase all of the Option Shares, the Preferred Optionees shall have a period of thirty (30) additional days beyond the Common Option Period (plus any extensions thereof) (the "Preferred Option Period") to elect, by written notice to the Optionor, to purchase the Remaining Shares not purchased by the Common Optionees (the "Twice Remaining Shares") at a price equal to the Option Event Value per share in such proportions as they may agree upon.

  • Upon the first to occur (but not upon the second to occur) of (i) an IPO, or (ii) a "Change of Control" (as such term is defined herein), the Common Option (or restricted stock subject thereto) shall accelerate vesting as to 7.85% of the Common Shares originally subject to the Option, and shall thereafter continue to vest at the same rate as prior to the IPO.

  • The Class L Common Options shall have an exercise price per share of $21.20 per share of Class L Common Options, (the “Class L Common Option Price”).

Related to Common Option

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Conversion Option means the Company’s option to convert some or all of the Series C Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.