Option Exercise definition

Option Exercise has the meaning set forth in Section 3.3.2.

Option Exercise has the meaning specified in Section 2.2(b).

Option Exercise has the meaning assigned to such term in Article 5.

Examples of Option Exercise in a sentence

• Notwithstanding the foregoing, an Incentive Stock Option may be granted with an Option Exercise Price lower than that set forth in the preceding sentence if such Option is granted pursuant to an assumption or substitution for another option in a manner satisfying the provisions of Section 424(a) of the Code.

• The Option Exercise Price of each Non-qualified Stock Option shall be not less than 100% of the Fair Market Value of the Common Stock subject to the Option on the Grant Date.

• Notwithstanding the foregoing, a Non-qualified Stock Option may be granted with an Option Exercise Price lower than that set forth in the preceding sentence if such Option is granted pursuant to an assumption or substitution for another option in a manner satisfying the provisions of Section 409A of the Code.

• Subject to the provisions of Section 5.2 regarding Ten Percent Shareholders, the Option Exercise Price of each Incentive Stock Option shall be not less than 100% of the Fair Market Value of the Common Stock subject to the Option on the Grant Date.

• Each election to exercise this option shall be in writing, in the form of the Stock Option Exercise Notice attached as Annex A, signed by the Participant, and received by the Company at its principal office, accompanied by this agreement, or in such other form (which may be electronic) as is approved by the Company, together with payment in full in the manner provided in the Plan.

More Definitions of Option Exercise

Option Exercise means the entry by the Parties into an Option Exercise Agreement pursuant to Section 2.4(d).

Option Exercise. As set forth in Part 4 of the Schedule unless otherwise set forth below: As set forth in Part 4 of the Schedule unless otherwise set forth below: Attn: ________________________________________ Attn: ________________________________________ Phone: ________________________________________ Phone: ________________________________________ Facsimile: ________________________________________ Facsimile: ________________________________________ □Wire Transfer - or - □ACH (check one box): Bank: ___________________________________ ABA: ___________________________________ Account: _________________________________ Other Details: _____________________________ □Wire Transfer - or - □ACH (check one box): Bank: ___________________________________ ABA: ___________________________________ Account: _________________________________ Other Details: _____________________________

Option Exercise means, with respect to a Collaboration Target, Vertex’s exercise of an Option as provided in Section 4.1.1; provided, that if Vertex notifies CRISPR that an HSR Filing is required as provided, in Section 4.1.1, Option Exercise will not occur until the HSR Clearance Date.

Option Exercise means the exercise of Options by the Selling Shareholders in the amounts described in Part 1 of Schedule 2.

Option Exercise means the exercise of the Equity Call Option or Assets Call Option by the WFOE.

Option Exercise has the meaning specified in Section 5.01.

Option Exercise means an exercise of an option granted to the Participant by a Participating Company.