Escrow Options definition

Escrow Options means all options (and any other convertible securities that are not the Escrow Warrants) to purchase Olympic Common Stock that are directly held by D▇▇▇▇ ▇▇▇▇▇▇▇ and/or P▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ as of the Effective Time (or thereafter), pursuant to the provisions of the Escrow Agreement.
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Escrow Options has the meaning ascribed to it in Section 3.2(d).
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Examples of Escrow Options in a sentence

  • The Escrow Shares and Escrow Options distributed to the Escrow Agent shall, to the extent practicable, be fully vested and not subject to any repurchase rights by Company or Parent or other risk of forfeiture.

  • The Undersigned owns the Escrow Shares and Escrow Options and Escrow Property, if applicable, free and clear of all liens, pledges, charges, security interests, claims, options or encumbrances of any kind whatsoever and pursuant to this agreement will transfer the Escrow Shares and Escrow Options and Escrow Property, if applicable, to HDG free of all liens, pledges, charges, security interests, claims, options and encumbrances.

  • Each Notice provides the Custodian with irrevocable authority to convert any or all such Escrow Options into shares of Common Stock.

  • In addition, Target has Escrow Shares and Escrow Options subject to the Escrow Agreement.

  • Any shares represented by the stock certificates (and any Escrowed Option Agreement representing Escrow Options not yet exercised) delivered to the Indemnity Escrow Agent upon the exercise of Escrow Options shall become a part of the Escrow Property and shall be available to satisfy the indemnification obligations of the stockholders of IDRC and the IDRC Optionholders in accordance with the terms of this Agreement.

  • In addition, HDG has 185,674 outstanding options ("HDG Options") granted pursuant to the terms and conditions of its 1996 Stock Option Plan and the option agreements executed thereunder, with exercises prices and optionees as set forth in Section 5.2 of the HDG Disclosure Schedule; such HDG Options include 50,630 options ("Escrow Options"), each with an exercise price of $0.50 per option and subject to the terms of the Escrow Agreement.

  • TeleSpectrum and the Stockholders' Representative shall provide an update to Schedule A to the Indemnity Escrow Agent which shall be signed by both TeleSpectrum and the Stockholders' Representative reflecting any changes made to Schedule A as a result of the exercise of Escrow Options.

  • In the event of a Change of Control of Parent, all Merger Shares which are not Escrow Shares or shares issuable upon exercise of Escrow Options shall be released from Lock-Up immediately prior to the consummation of such Change of Control.

  • Upon resolution, the appropriate number of Escrow Options, Escrow Warrants, any underlying Olympic Common Stock issued pursuant to the exercise thereof, and all proceeds from the sale or transfer of such underlying Olympic Common Stock, due Whittier shall be transferred thereto.

  • The exercise price of the Warrant in the case of the exchange of Escrow Options shall be 125% of the Transaction Price.