Examples of Option Cash Consideration in a sentence
Parent shall cause the Surviving Corporation to pay the Company Stock Option Cash Consideration at or reasonably promptly after the Effective Time (but in no event later than five business days after the Effective Time).
Parent shall cause the Surviving Corporation to pay the Company Stock Option Cash Consideration at or reasonably promptly after the Effective Time (but in no event later than the later of (x) five business days after the Effective Time or (y) the first payroll date following the Effective Time), subject to applicable tax withholding.
The Office of Thrift Supervision (“OTS”) prohibits Directors, Officers, and other persons having the power to control the management or policies of Astoria Federal Savings and Loan Association from receiving, either directly or indirectly, fees, commissions or compensation of any kind in connection with the procurement of loans for Astoria.
In this case, each holder of an FBG Option that was granted a non-qualified stock option pursuant to either FBG's Equity Incentive Non-Qualified Warrant/Option Program or FBG's Non-qualified Plan (an "FBG NQO") and elects to receive the Option Cash Consideration will recognize ordinary income to the extent of the cash received.
Parent shall cause the Surviving Corporation to pay the In-the-Money Company Stock Option Cash Consideration at or reasonably promptly after the Effective Time (but in no event later than five (5) Business Days after the Effective Time).
Each holder of an FBG ISO that receives the Option Cash Consideration in exchange for such FBG ISO that was granted pursuant to FBG's Employee Incentive Stock Option Plan will have ordinary income to the extent the cash received.
Call Option Cash Consideration has the meaning assigned that term in Section 7.02(f).
Parent shall cause the Surviving Corporation to pay the Company Stock Option Cash Consideration at or reasonably promptly after the Effective Time (but in no event later than the first payroll date after the Effective Time unless the first payroll date after the Effective Time is less than three business days after the Effective Time, in which case, the second payroll date after the Effective Time).
Subject to Section 5.09, Parent shall be entitled to use or cause to be used some or all of the Closing Net Cash in order to pay (i) the Cash Amount with respect to each and any shares of the Company Common Stock that Merger Sub becomes obligated to purchase pursuant to the Offer and (ii) the Company Stock Option Cash Consideration and Restricted Stock Unit Cash Consideration payable in accordance with Section 3.10.
On the Effective Date, provided that the Administrative Agent shall have received from Option Holder the Option Cash Consideration and the Option Shares, Option Holder, at its cost and expense, shall have the right to record the Memorandum of Option in Lxxxxxxx County, South Dakota.