Option Consideration has the meaning set forth in Section 2.3(a).
Option Consideration means, with respect to any share of Company Common Stock issuable under a particular Option, an amount equal to the excess, if any, of (i) the Merger Consideration over (ii) the exercise price payable in respect of such share of Company Common Stock issuable under such Option.
Option Consideration has the meaning set forth in Section 2.10(a).
Examples of Option Consideration in a sentence
Each Vested Company Option that is outstanding as of immediately prior to the Effective Time shall terminate and be converted into and represent the right to receive the Option Consideration from OpCo or its applicable Subsidiary; provided that the Surviving Company shall be entitled to deduct and withhold from such Option Consideration the amount of withholding for Taxes required to be deducted and withheld as a result of the Transactions.
More Definitions of Option Consideration
Option Consideration shall have the meaning set forth in Section 3.1.3 hereof.
Option Consideration has the meaning set forth in Section 4.07(a).
Option Consideration shall have the meaning set forth in Section 2.9 (a).
Option Consideration has the meaning set forth in Section 1.9(a)(ii).
Option Consideration is defined in Section 2.8(a).
Option Consideration means the excess, if any, of the Merger Consideration over the per share exercise price of the applicable Company Option.
Option Consideration means, for each vested In-the-Money Option, the amount equal to the sum of (i) the Closing Option Consideration applicable to such vested In-the-Money Option, and (ii) the product obtained by multiplying (A) the Per Share Additional Merger Consideration by (B) the aggregate number of shares of Common Stock subject to such vested In-the-Money Option (rounded down to the nearest whole cent), less applicable withholding.