Company Vested Option definition

Company Vested Option means a Company Option that, as of immediately prior to the Effective Time, is vested.
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Company Vested Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time.
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Company Vested Option shall have the meaning set forth in Section 3.7(a) of this Agreement.
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Examples of Company Vested Option in a sentence

  • Parent shall, or shall cause the Surviving Corporation to, pay such amounts under this Section 3.7(a) to the holder of each such Company Vested Option within ten (10) Business Days following receipt by Parent of all reasonably necessary forms of transmittal information from such holder.

  • Each Company Vested Option which is unexercised and outstanding immediately prior to the Effective Time, shall in accordance with its terms and by virtue of the First Step Merger and without any action on the part of the Parent, the Subs, the Company or the holder thereof, terminate and cease to be outstanding (each such terminated Company Vested Option shall be referred to as a "CANCELLED OPTION").

  • For clarity, each Company Vested Option that has a per share exercise price that is greater than or equal to the Aggregate Per Share Consideration will be cancelled and terminated for no consideration.

  • It is the intent of the parties hereto that to the extent permitted by applicable Legal Requirements, the assumption of Company Vested Option shall be performed in a manner that is in material compliance with the requirements of Section 409A or, to the extent such Company Vested Option is intended to qualify as an incentive stock option, Section 424(a) of the Code.

  • Each Company Vested Option with an exercise price per share that is equal to or greater than the Merger Consideration at the Effective Time shall be cancelled without any cash payment being made in respect thereof and the holder of such Company Vested Option shall have no further rights in respect thereof.

  • Until surrendered in accordance with this Section 1.9, each outstanding Company Stock Certificate, each Company Vested Option and the Company Warrant will be deemed from and after the Effective Time, for all corporate purposes, to evidence the right to receive the applicable portion of the Merger Consideration payable pursuant to Sections 1.6(b), 1.7 and 1.8.

  • The amount of cash each holder of Company Capital Stock, Company Vested Option and Company Warrant is entitled to receive for the shares of Company Capital Stock, Company Vested Options and Company Warrants held by such holder shall be rounded to the nearest cent and computed after aggregating cash amounts for all shares of Company Capital Stock, Company Vested Options and Company Warrants held by such holder.

  • For purposes of this Section 2.05, any Company Stock Option (whether vested or unvested) held by a non-employee member of the Board of Directors as of the date hereof shall be considered vested immediately prior to the Effective Time and shall be treated as a Company Vested Option hereunder.

  • For the avoidance of doubt, any Company Granted Option that is not a Company Vested Option, and any Company Vested Option that is not a Company Option, shall be cancelled without the payment of any cash amount to the holder thereof.

  • Each Company Vested Option shall terminate and cease to be outstanding as of the Effective Time.


More Definitions of Company Vested Option

Company Vested Option means each Company Option that is vested and exercisable as of immediately prior to the Effective Time (after giving effect to any accelerated vesting in connection with the Merger).
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Company Vested Option means each Company Option that is vested and outstanding by its terms immediately prior to the Effective Time (including those that are or become vested by their terms at the Effective Time as a result of the passage of time or transactions contemplated by this Agreement). Company Vested Option shall not include in any event any Company Option vesting solely pursuant to the Parent's election described in Section 1.7(iii) above.
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Company Vested Option means the stock options of the Company that will vest upon a change of control of the Company.
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Related to Company Vested Option

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

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

  • Company Option means an option to purchase shares of Company Common Stock.

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

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Parent Stock Option means any option to purchase Parent Common Stock.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Employee Option means an Option granted pursuant to Section 5.

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Director Option means an Option granted pursuant to Section 6.

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Company Option Plan means, either individually or collectively, the Company’s 2000 Employee Incentive Stock Option Plan and 2003 Employee Incentive Stock Option Plan.

  • Company RSU means each award of restricted stock units of the Company outstanding under any Company Stock Plan or otherwise.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Company Equity Awards means the Company Options, Company PSUs and Company RSUs.

  • Company Optionholders means the holders of Company Options.

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • Company Optionholder means a holder of Company Options.