Nextel Plan definition
Examples of Nextel Plan in a sentence
At the Effective Time of the Merger, Nextel will have a sufficient number of authorized but unissued shares of Nextel Common Stock reserved under the Nextel Plan for issuance upon conversion and exercise of the PCI Stock Options.
All PCI Stock Options converted into issued and outstanding options of Nextel pursuant to the preceding sentence, except those PCI Stock Options held by directors who are not also employees or consultants of PCI or any of its subsidiaries, shall be so converted into issued and outstanding options under Nextel's Amended and Restated Incentive Equity Plan, as amended May 13, 1996 (the "Nextel Plan").