Non-Exercisable Option definition
Non-Exercisable Option means an Option with an exercise price greater than the Merger Consideration payable per share of Company Common Stock pursuant to Section 1.7(g).
Examples of Non-Exercisable Option in a sentence
For purposes of clarification, if such Option is Non-Exercisable Option, such Non-Exercisable Option shall be cancelled as of the Effective Time without payment therefor and shall have no further force or effect.