Number of Option Shares definition

Number of Option Shares means ___________________ shares of Stock, as adjusted from time to time pursuant to Section 9.

Examples of Number of Option Shares in a sentence

  • In no event shall the Option be exercisable for more shares than the Number of Option Shares, as adjusted pursuant to Section 9.

  • In no event shall the Option be exercisable for more shares than the Number of Option Shares.

  • In the event of any such amendment, the Number of Option Shares and the Exercise Price shall be adjusted in a fair and equitable manner, as determined by the Board, in its sole discretion.

  • In the event of any such amendment, the Number of Option Shares and the Exercise Price shall be adjusted in a fair and equitable manner, as determined by the Board, in its discretion.

  • The first option shall be for the maximum portion of the Number of Option Shares that can comply with the ISO Exercise Limitation without causing the Option to be unexercisable in the aggregate as to Vested Shares on the Vesting Date for such shares.


More Definitions of Number of Option Shares

Number of Option Shares means the total number of shares of Stock subject to the Option as set forth in the Notice and as adjusted from time to time pursuant to Section 9.
Number of Option Shares means __________ shares of Stock, as adjusted from time to time pursuant to Section 9.
Number of Option Shares means shares of common stock of the Company as adjusted from time to time pursuant to paragraph 9 below.
Number of Option Shares means the “Total Number of Option Shares Granted” as set forth in the Notice of Grant.
Number of Option Shares means ( ) shares of Class A Voting Common Stock of the Company as adjusted from time to time pursuant to Paragraph 9 of the Plan.
Number of Option Shares means Seventy-Five Thousand (75,000) shares of common stock of the Company (the “Common Stock”) as may be adjusted from time to time.