Examples of Management Incentive Options in a sentence
The Euroco Management Incentive Options shall be issued by Euroco in accordance with the Euroco Management Incentive Plan to be adopted by the compensation committee of the board of directors of Euroco on or after the Effective Date.
The New NTL Management Incentive Options shall be issued by New NTL in accordance with the New NTL Management Incentive Plan to be adopted by the compensation committee of the board of directors of New NTL on or after the Effective Date.
As of the Effective Date, the authorization by Euroco of (a) 60 million shares of Euroco Common Stock, (b) one million shares of Euroco Preferred Stock, and (c) the Euroco Management Incentive Options is hereby authorized without further act or action under applicable law, regulation, order, or rule.
On or as soon as practicable after the Effective Date each holder of an Allowed Class 5 Preferred Interest shall receive, in full satisfaction, settlement, release, and discharge of an in exchange for such Allowed Preferred Interest, its Pro Rata share of 2,304,400 shares of New Common Stock (representing approximately 14 percent of the initial shares of New Common Stock), subject to dilution by exercise of the Management Incentive Options.
Cash Amount by (2) the Noteholder Election Option Price, and (f) the New NTL Management Incentive Options is hereby authorized without further act or action under applicable law, regulation, order, or rule.
The Management Incentive Options shall be issued by Reorganized Globix in accordance with the Management Incentive Plan to be adopted by the compensation committee of the board of directors of Reorganized Globix.
Reorganized Globix shall reserve 1,828,889 shares of the New Common Stock for issuance pursuant to the Management Incentive Options without further act or action under applicable law, regulation, order or rule.
On or as soon as practicable after the Effective Date each holder of an Allowed Class 6 Equity Interest shall receive, in full satisfaction, settlement, release, and discharge of an in exchange for such Allowed Equity Interest, its Pro Rata share of 164,600 shares of New Common Stock (representing approximately 1 percent of the initial shares of New Common Stock), subject to dilution by exercise of the Management Incentive Options.
The valuation does not give effect to any possible dilution of the equity value due to the issuance of the Management Incentive Options or the New Warrants.
On or before the Distribution Date, Reorganized ABN shall issue for distribution in accordance with the provisions of the Plan the New Common Stock (including shares of New Common Stock subscribed to as part of the Rights Offering in accordance with the Rights Offering Procedures), Substitute 10 3/8% Senior Notes, Restated 10 3/8% Senior Notes, New Warrants, Management Incentive Options, Equity Options, and Consultant Options required for distribution or sale pursuant to the provisions of the Plan.