Executive’s Representative definition
Examples of Executive’s Representative in a sentence
Executive or Executive’s Representative shall have no rights as a shareholder with respect to Common Stock subject to the Options before the date of transfer to Executive of a certificate for such shares.
During Executive’s lifetime, the Options are exercisable only by Executive, and after Executive’s death, to the extent exercisable by Executive on the date of Executive’s death, by Executive’s Representative at any time before expiration of said Options.
Upon such demand, delivery of such representation before delivery of Common Stock shall be a condition precedent to the right of Executive or Executive’s Representative to purchase Common Stock.
As soon as reasonably practicable following Executive’s death, Employer shall pay to Executive’s Representative (defined below in paragraph 22)(i) Executive’s accrued but unpaid Base Salary and Annual Bonus, through the last day of the month of his death, and (ii) any amount due hereunder for accrued but unused vacation time as of the date of death.
In addition, Executive’s Representative shall be entitled to exercise Executive’s rights with respect to the Compensatory Options and/or the Inducement Options, as appropriate, as set forth in Paragraph 4(c) above, and Executive’s rights with respect to the Options, as provided herein and in the stock option agreement(s) pertaining thereto.
In addition, Executive’s Representative shall be entitled to exercise Executive’s rights with respect to the Compensatory Options and/or the Inducement Options, as appropriate, as set forth in Paragraph 4(c) above, and Executive’s rights with respect to the Options (other than the Inducement options), as provided herein and in the stock option agreement(s) pertaining thereto.
As soon as reasonably practicable following Executive’s death, Employer shall pay to Executive’s Representative (defined below in paragraph 22) (i) Executive’s accrued but unpaid Base Salary and Annual Bonus, through the last day of the month of his death, and (ii) any amount due hereunder for accrued but unused vacation time as of the date of death.
Upon demand by the Committee for such a representation, Executive or Executive’s Representative shall deliver to the Committee at the time of exercise a written representation that the shares to be acquired upon exercise of the Options are to be acquired for investment and not for resale or distribution.
Company shall have the right to: [i] withhold from any payment due to Executive or Executive’s Representative; or [ii] require Executive or the Executive’s Representative to remit to Company; or [iii] retain cash or Common Stock otherwise deliverable to Executive or Executive’s Representative, in an amount sufficient to satisfy applicable tax withholding requirements resulting from the grant or exercise of the Options pursuant to this Agreement.
Company shall have the right to: [i] withhold from any payment due to Executive or Executive’s Representative; or [ii] require the Executive or the Executive’s Representative to remit to Company; or [iii] retain cash or Common Stock otherwise deliverable to Executive or Executive’s Representative, in an amount sufficient to satisfy applicable tax withholding requirements resulting from the grant or exercise of the Options pursuant to this Agreement.