Employee Optionholders definition

Employee Optionholders means Optionholders (in their capacity as such) that are employed by the Company, or after the Effective Time the Surviving Corporation, at the time of any payment to such Optionholder under this Agreement.
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Employee Optionholders means Optionholders who are not Non-Employee Optionholders.
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Employee Optionholders means those Optionholders that are current or former employees of the Company.
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Examples of Employee Optionholders in a sentence

  • No later than three (3) Business Days following the Closing, the Surviving Corporation will distribute to the Employee Optionholders, through a special payroll of the Company, their respective Closing Option Payments, subject to any applicable Tax withholding pursuant to Section 1.10.

  • This ensures that the Adviser Optionholders and the Employee Optionholders will receive the same options in VP Minerals as they currently have in VHM, so that they are not disadvantaged by the Demerger.

  • In relation to the Employee Options, on completion of the In-Specie Distribution, VP Minerals will issue the same number of options in VP Minerals to each Employee Optionholder as they hold in VHM, on substantially the same terms as the Employee Options (noting that the options cannot be issued under an employee incentive option plan as the Employee Optionholders will not be employees of VP Minerals).

  • Earnout Employee Optionholders The Earnout Shares issuable to holders of equity stock options as of the Closing Date are accounted for as equity classified stock compensation and do not have a requisite service period.

  • Other reciprocal commitments relating to the operating cycle are reported in the notes relating to the relevant balance sheet item (in particular, commitments to secure future programming schedules) and to the financing of those items (see note 3-10-1).

  • At the Closing, Buyer will, or will cause Merger Sub to, deliver the aggregate portion of the Closing Option Payments payable to the Employee Optionholders, as set forth in the Estimated Closing Statement, by wire transfer of immediately available funds, to an account designated by the Company at least two (2) Business Days prior to the Closing Date.

  • If the Effective Date was February 8, 2013, the maximum aggregate entitlement to Employee Optionholders in respect of their Options, including any In-the-Money Option Consideration and all payments made equal to the fair value of such Options determined using the “Black-Scholes” valuation model would be less than $10 million.

  • Also, NuPower will issue Nupower Quoted Options to Eligible Demerger Optionholders, Nupower Class A Options to Eligible Arafura Executive Optionholders and NuPower Class B Options to Eligible Arafura Employee Optionholders on a similar basis to Arafura’s issue of NuPower shares.The following chart demonstrates the above process.

  • Notwithstanding the foregoing, Accrued Interest included in the Deferred Cash Consideration will be allocated and paid to each holder of Outstanding Company Common Shares, holder of Outstanding Company Preferred Shares, NAI Optionholders, Select Employee Optionholders and Remaining Optionholders pro rata in accordance with their relative entitlements to the Deferred Cash Consideration (without giving effect to Accrued Interest).

  • HOLLAND CONTAINER INNOVATIONS NEDERLAND B.V. is not liable for damage of any kind, when HOLLAND CONTAINER INNOVATIONS NEDERLAND B.V. acted on incorrect information provided by the client / and / or incomplete information, unless such inaccuracy or incompleteness was known to her.


More Definitions of Employee Optionholders

Employee Optionholders has the meaning set forth in Section 2.6(c)(ii).
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Employee Optionholders means those individuals whose names and addresses are set out in part 3 of schedule 1;
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Employee Optionholders means holders of Strathmore Options who are employees of Strathmore;
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Employee Optionholders means employees and consultants holding Company Share Options;
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Related to Employee Optionholders

  • Optionholders means the holders of Options;

  • Company Optionholders means the holders of Company Options.

  • Company Optionholder means a holder of Company Options.

  • Optionholder means a person to whom an Option is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Option.

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

  • Option Holders means the holders, or individually a holder, of Stock Options, together with their successors and assigns.

  • 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.

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.

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

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Continuous Service means that the Participant’s service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. A change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is no interruption or termination of the Participant’s service with the Company or an Affiliate, will not terminate a Participant’s Continuous Service; provided, however, that if the Entity for which a Participant is rendering services ceases to qualify as an Affiliate, as determined by the Board, in its sole discretion, such Participant’s Continuous Service will be considered to have terminated on the date such Entity ceases to qualify as an Affiliate. To the extent permitted by law, the Board or the chief executive officer of the Company, in that party’s sole discretion, may determine whether Continuous Service will be considered interrupted in the case of (i) any leave of absence approved by the Board or chief executive officer, including sick leave, military leave or any other personal leave, or (ii) transfers between the Company, an Affiliate, or their successors. Notwithstanding the foregoing, a leave of absence will be treated as Continuous Service for purposes of vesting in an Award only to such extent as may be provided in the Company’s leave of absence policy, in the written terms of any leave of absence agreement or policy applicable to the Participant, or as otherwise required by law.

  • Continuous Status as an Employee, Director or Consultant means the employment or relationship as a Director or Consultant is not interrupted or terminated. The Board, in its sole discretion, may determine whether Continuous Status as an Employee, Director or Consultant shall be considered interrupted in the case of: (i) any leave of absence approved by the Board, including sick leave, military leave, or any other personal leave; or (ii) transfers between locations of the Company or between the Company, Affiliates or their successors.

  • Continuous Status as an Employee or Consultant means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of sick leave, military leave, or any other leave of absence approved by the Board; provided that such leave is for a period of not more than 90 days or reemployment upon the expiration of such leave is guaranteed by contract or statute.

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

  • Optionee means an Employee or Consultant who receives an Option.

  • Grandfathered Stockholder has the meaning set forth in Section 1.1.

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

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

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

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

  • Continuous Service Status means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status.

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—