KESOP definition
Examples of KESOP in a sentence
The Company C Options will (i) be exercisable for that number of shares of WLI Common Stock equal to the number of shares of Common Stock covered by the Vested KESOP Options multiplied by the Exchange Ratio rounded to the nearest whole share, (ii) have an exercise price per share equal to the exercise price per share of the Vested KESOP Options divided by the Exchange Ratio rounded to the nearest whole cent, and (iii) be granted in the form attached hereto as Exhibit 4.
Our records show that you have the following unexercised options as of January 31, 2005: 7/26/2001 $ 35.60 61900 Each of these options will remain subject to the terms and conditions set forth in the KESOP and the individual grants.
The Corporation shall pay the Executive any amounts required to be paid to him under the terms of KESOP, SELTIP and DSU or any successor plan(s) in which he participates.
The Company B Options will (i) be exercisable for that number of shares of WLI Common Stock equal to the number of shares of Common Stock covered by the Unvested KESOP Options multiplied by the Exchange Ratio rounded to the nearest whole share, (ii) have an exercise price per share equal to the exercise price per share of the Unvested KESOP Options divided by the Exchange Ratio rounded to the nearest whole cent, and (iii) be granted in the form attached hereto as Exhibit 3.