IPO Option definition

IPO Option means Non-Employee Director Options granted upon the consummation of the IPO.
IPO Option has the meaning set out in clause 19.1(L) (IPO Notice);
IPO Option has the meaning set out in clause 19.1(L) (IPO Notice); “IPO Principles” has the meaning set out in clause 19.1(I) (IPO Notice); “IPO Tag Notice” has the meaning set out in clause 19.1(L) (IPO Notice); “IPO Venue” means the Preferred IPO Venue and each of 19 the Secondary IPO Venues; “JGC Recommendations” has the meaning set out in clause 19.1(H) (IPO Notice); “Joint Exit” has the meaning set out in clause 16.1(A) (ROFO); “Joint Global Coordinators” has the meaning set out in clause 19.1(C) (IPO Notice); “Leases” means any finance, capital or operating lease; “Leverage Ratio” means the ratio of Net Indebtedness to EBITDA; “Liberty Global Banker” has the meaning set out in clause 21(C)(i) (Prescribed Value); “Liberty Global Competitor” means Vodafone, BT, Three, Sky, Swisscom, Proximus, NJJ Capital, KPN, eir or any of their respective affiliates or successors; “Liberty Global Director” means a Director nominated for appointment by the Liberty Global Shareholder in accordance with clause 6.1(A) (Appointment and removal of Directors) for so long as such person is appointed as a Director; “Liberty Global GAAP” means United States generally accepted accounting principles, as applied by the Liberty Global Shareholder’s Group from time to time; “Liberty Global IFRS” means EU IFRS as applied by the Liberty Global Shareholder’s Group from time to time; “Liberty Global Pre-Completion Reorganisation” has the meaning given to it in the Contribution Agreement; “Liberty Global Pre-Completion Reorganisation Tax Clearances” means: (i) in relation to Step 4B of the Reorganisation Steps Plan, any clearance under section 138 of the Taxation of Chargeable Gains Act 1992 (“TCGA”) that the provisions of section 20 137 TCGA will not prevent section 135 TCGA from applying in respect of Liberty Global's contribution of the entire issued share capital of Virgin Media Inc. and certain intercompany receivables to the Company in exchange for an issue of shares and the assumption of certain liabilities by the Company; (ii) in relation to Step 8H of the Reorganisation Steps Plan, any clearance under section 138 TCGA that the provisions of section 137 TCGA will not prevent section 127 TCGA (as applied by section 136 TCGA) from applying in respect of the cancellation of certain shares in the capital of the Company and the repayment of the capital on those shares in full by way of a tripartite transaction whereby (a) the share capital of certain companies are transferred to a new holding c...

Examples of IPO Option in a sentence

  • The IPO Option will have a per share exercise price equal to 100% of the fair market value of a share of the Company’s common stock on the date of grant, as determined by the Board or the Compensation Committee in its sole discretion.

  • The aggregate number of shares subject to the IPO Option will be calculated by multiplying the aggregate number of IPO RSUs by 2.5, provided any fractional share resulting from such multiplication will be rounded down to the nearest whole share.

  • The IPO Option shall be granted under the 2016 Plan and the Company’s standard form of stock option agreement approved by the Board for use thereunder.

  • At the Effective Date, you will be granted a stock option to purchase shares of the Company’s common stock (the “IPO Option”), subject to both (A) approval by the Board or the Compensation Committee, and (B) you remaining employed through the grant date of the IPO Option.

  • The exercise price of the IPO Option shall be equal to the price to the public of the Public Common Stock sold (or other class sold) in the IPO on the closing date of the IPO (the "IPO Date").

  • The exercise price of the IPO Option will be the per share IPO price determined by the pricing committee.

  • For purposes of the IPO Option, “value” means the grant date accounting fair value of such award as will be reported in ForgeRock’s financial statements.

  • The forfeiture will be adjusted to the extent that the IPO Option is not exercised in full (or the Company increases or decreases the size of the IPO) so that the holders of the Class B Shares immediately prior to the IPO will own an aggregate of 20.0% of the Company’s issued and outstanding common stock immediately after the IPO.

  • Except as expressly set forth herein, all provisions of the Shareholders’ Agreement shall remain in full force and effect, including without limitation Parent’s obligations to effect the Post-Closing Redemption as soon as reasonably practicable but in any event within thirty (30) days following the IPO Option Closing.

  • The Executive must be in continuous employment with RBF and the Company from the IPO Date through the date of exercisability of each installment in order for the IPO Option to become exercisable with respect to additional shares on each such date, except as otherwise provided in this Agreement.