New Exercise Date definition

New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

New Exercise Date means a new Exercise Date set by shortening any Offering Period then in progress.

New Exercise Date means the new exercise date set by the Board in the case of a sale of all or substantially all of the assets of the Company, or the merger of the Company with or into another corporation or other entity in certain circumstances as described in Section 15(b).

Examples of New Exercise Date in a sentence

• In the event that the successor corporation refuses to assume or substitute for the option, the Offering Period with respect to which such option relates will be shortened by setting a New Exercise Date on which such Offering Period will end.

• In the event of the proposed dissolution or liquidation of the Company, any Offering Period then in progress will be shortened by setting a New Exercise Date, and will terminate immediately prior to the consummation of such proposed dissolution or liquidation, unless provided otherwise by the Administrator.

• The New Exercise Date will be before the date of the Company’s proposed dissolution or liquidation.

• If the successor corporation refuses to assume or substitute for the Option, any Offering Periods then in progress shall be shortened by setting a New Exercise Date and any Offering Periods then in progress shall end on the New Exercise Date.

• The Administrator shall notify each Participant in writing prior to the New Exercise Date, that the Exercise Date for the Participant’s Option has been changed to the New Exercise Date and that the Participant’s Option shall be exercised automatically on the New Exercise Date, unless prior to such date the Participant has withdrawn from the Offering Period as provided in Section 6.1 hereof or the Participant has ceased to be an Eligible Employee as provided in Section 6.2 hereof.

More Definitions of New Exercise Date

New Exercise Date means the New Exercise Date set for Purchase Periods in the event of a proposed sale of all or substantially all of the assets of the Company, or the merger of the Company with or into another corporation in accordance with Section 18(c).

New Exercise Date means a new Exercise Date if the Board or a committee appointed by the Board shortens any Offering Period then in progress.

New Exercise Date has the meaning set forth in Section 6.9.

New Exercise Date means a new Exercise Date by shortening any Offering Period or Purchase Period then in progress.

New Exercise Date means a new Purchase Date if the Committee shortens any Offering Period then in progress.

New Exercise Date means any new Exercise Date set by the Administrator, in its sole discretion, in connection with the proposed (i) dissolution or liquidation of the Company, or (ii) sale of all or substantially all of the assets of the Company, the merger of the Company with or into another corporation, or other transaction as set forth by the Administrator in an Offering Document.

New Exercise Date means a new Exercise Date, as designated by the Committee, if the Committee shortens any Option Period then in progress.