Converted Option definition

Converted Option has the meaning set forth in Section 3.1(a)(iii).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Converted Option has the meaning assigned to such term in Section 5.4(b) of the Agreement.

Converted Option has the meaning set forth in Section 2.1.6.

Examples of Converted Option in a sentence

The per-share exercise price of such Converted Option shall equal the per-share exercise price of such ATI Option as of the Close of the Distribution Date divided by the Ratio.
Each such Converted Option shall otherwise have the same terms and conditions as were applicable to the corresponding ATI Option as of the Close of the Distribution Date, except that references to ATI and its Affiliates shall be amended to refer to Teledyne Technologies and its Affiliates.
Such Converted Option shall provide for the option to purchase a number of shares of Water Pik Common Stock equal to the number of shares of ATI Common Stock subject to such ATI Option as of the Close of the Distribution Date, multiplied by the Ratio, and then rounded up to the nearest whole share.
Each such Converted Option shall otherwise have the same terms and conditions as were applicable to the corresponding ATI Option as of the Close of the Distribution Date, except that references to ATI and its Affiliates shall be amended to refer to Water Pik and its Affiliates.
Water Pik shall cause each ATI Option that is outstanding as of the Close of the Distribution Date and is held by a Water Pik Individual to be converted, effective Immediately After the Distribution Date, to a Water Pik Option (a "Converted Option").

Converted Option is defined in Section 2.7(a).

Converted Option has the meaning specified in Section 4.02(a).

Converted Option has the meaning set forth in Section 2.10(b).

Converted Option has the meaning set forth in Section 3.04.

Converted Option means a Washington Option which has been converted into an option to purchase shares of Alpha Common Stock pursuant to the Merger.

Converted Option. As defined in the recitals to this Agreement. ----------------

Converted Option shall have the meaning set forth in Section 7.13(c).