IPO Options definition
Examples of IPO Options in a sentence
The grant of the IPO Options and the IPO Restricted Stock and the exercise of the IPO Options shall be subject to all of the terms and conditions of the Stock Option Plan.
The Shares subject to the IPO Options shall vest over three years of service and the shares of IPO Restricted Stock shall vest over four years of service after the Effective Date.
The IPO Options shall be at an exercise price equal to the fair market value of the Shares as determined by the offering price in the Initial Public Offering.
Unless the Board determines otherwise, following the IPO, Options granted under the Plan will be unlisted and will not be quoted on the stock exchange.
The $1.00 Options and the IPO Options shall be granted subject to the terms of a stand-alone Stock Option Agreement to be agreed upon and executed by the parties.
The IPO Options have an exercise price equal to the fair market value of the Shares as determined by the offering price in the Initial Public Offering.
The IPO Options will have an exercise price equal to the price per share in the IPO and will vest ratably in equal installments on each of the first, second and third anniversaries of the date of grant.
Notwithstanding any other provision of the Employment Agreement to the contrary, IESI's obligation to grant the IPO Options to the Executive shall terminate on the first to occur of the following: (A) the occurrence of a Change in Control, (B) the termination of the Executive's employment by either IESI for Cause or the Executive without Good Reason or (C) January 1, 2005 if no IPO has been consummated prior to such date.
The IPO Options shall be fully vested and exercisable with respect to 25% of the shares underlying the IPO Options on each of January 1, 2005, 2006, 2007 and 2008, respectively.
The IPO Options will vest and all restrictions on the IPO Restricted Shares will lapse with respect to 25% of the shares covered by the IPO Options and the IPO Restricted Shares on the first anniversary of the date of grant and on each of the immediately following three anniversaries.