Company Vested Options definition

Company Vested Options means any Company Options that are vested under the terms of any Contract with Company and that are unexpired, unexercised and outstanding as of immediately prior to the Effective Time. For purposes of clarification, for any outstanding grants of Company Options that are partially vested, only the vested portion of such grants shall be considered Company Vested Options, and the unvested portions of such grants shall be considered Company Unvested Options.

Company Vested Options means all Company Options that are vested (and have not been exercised) immediately prior to the Effective Time.

Company Vested Options means any Company Options that are vested immediately prior to the Effective Time or that vest in connection with the Closing.

Examples of Company Vested Options in a sentence

• From and after the Effective Time, all Company Vested Options shall no longer be outstanding and shall cease to exist, and each holder of a Vested Company Options shall cease to have any rights with respect thereto or arising therefrom, except the right to receive the Option Consideration payable hereunder.

• Thereafter, without impairing the rights of the holders of Company Vested Options to receive cash payments to the extent set forth herein, the holders of Company Options shall, as of the Effective Time, cease to have any further right or entitlement to acquire any Company Common Shares or any shares of capital stock of the Buyer or the Surviving Corporation under the cancelled Company Options.

• For purposes of clarity, the aggregate exercise prices of such Company Vested Options shall be treated as cash and part of current assets for purposes of the Balance Sheet Adjustment Amount.

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More Definitions of Company Vested Options

Company Vested Options means all issued and outstanding options to purchase Company Common Stock to the extent vested, outstanding and unexercised immediately prior to the Effective Time.

Company Vested Options means the sum of the number of shares of the Company's Common Stock (A)(i) underlying the vested portion of each Company Option as such may be amended on or before the Effective Time, to the extent such amendment is permitted under Section 4.4(a), (ii) which are not otherwise included in outstanding Company Common Shares for purposes of this Section 1.5, and (iii) which underlie the portion, if any, of the Company Vested Options for which a direct cash payment is otherwise allocated pursuant to this Section 1.5 without the requirement that such options be exercised and (B)(i) underlying the otherwise vested portion of such Company Option for which a valid exercise has not been made prior to the date specified by the Company prior to the Closing, (ii) which are not otherwise included in outstanding Company Common Shares for purposes of this Section 1.5, and (iii) which underlie the portion, if any, of the Company Vested Options for which a direct cash payment is otherwise allocated pursuant to this Section 1.5 without the requirement that such options be exercised.

Company Vested Options means the number of shares of the Company's Common Stock (i) underlying the vested portion of each Company Option as such may be amended on or before the Effective Time, to the extent such amendment is permitted under Section 4.4(a), (ii) which are not otherwise included in outstanding Company Common Shares for purposes of this Section 1.5, and (iii) which (A) are issued as of the Effective Time pursuant to exercise of the Company Vested Options conditional upon the Closing being completed or (B) underlie the portion, if any, of the Company Vested Options for which a direct cash payment is otherwise allocated pursuant to this Section 1.5 without the requirement that such options be exercised.

Company Vested Options means all Company Options (or portions thereof) that, as of immediately prior to the Effective Time, are outstanding and vested under the terms of the Plan or otherwise, after giving effect to any acceleration of vesting pursuant to Section 1.6(c)(i). For the sake of clarity, Company Vested Options excludes the unaccelerated and unvested portion of a Company Option that will be cancelled at the Effective Time pursuant to Section 1.6(c)(i).

Company Vested Options means the stock options of the Company that are vested as of immediately prior to the Effective Time.

Company Vested Options means an option to purchase Company Class A Units that, as of the Effective Time, is vested under the terms of any Contract with Company.

Company Vested Options means all Company Options that are vested and exercisable (and have not been exercised) immediately prior to the Closing.