Option Exchange definition

Option Exchange has the meaning attributed to that term in subsection 2.2(e) of this Plan of Arrangement;
Option Exchange. Program shall mean a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.
Option Exchange has the meaning set out in Subsection 3.01(1)(f);

Examples of Option Exchange in a sentence

  • The unvested portion was assumed by Hewlett-Packard Corporation in the merger and replaced with a stock option for shares of HP common stock determined by multiplying the number of unvested Issuer shares immediately prior to the effective time of the merger by the Option Exchange Ratio of .2906, at an exercise price per share equal to the exercise price of the Issuer option divided by the Option Exchange Ratio.


More Definitions of Option Exchange

Option Exchange means the exchange of exchanged options for new RSUs.
Option Exchange means, subject to sub-Clause 3, the organised market or Trading Venue agreed upon in the Terms of the Transaction, and, in the absence of such agreement, such organised markets and Trading Venues on which option contracts concerning the relevant security or securities index are being traded and the trading of which the Calculation Agent deems to have a material effect on the market in these contracts.
Option Exchange has the meaning attributed to that term in Subsection 3.1(d) of this Plan of Arrangement; “Parties” means Entrée and Spinco and “Party” means any one of them;
Option Exchange has the meaning given in the Articles;
Option Exchange. ’ means an exchange or quotation system (as specified in the relevant Final Terms or notified from time to time to Noteholders in accordance with Condition 17), if any, on which option contracts or future contracts on the Underlying Securities or the Index, in case of Index Linked Notes, are traded or quoted and as may be selected from time to time by the Calculation Agent.
Option Exchange means the exchange of exchanged options for new RSUs or a cash payment (if, with respect to an eligible option grant, you would otherwise be granted less than 100 new RSUs in exchange for such eligible option grant).
Option Exchange has the meaning attributed to such term in subsection 3.1(d);