Option Exercise Amount definition

Option Exercise Amount means the amount payable by each Optionholder to exercise their Options, as set out opposite their name in the column entitled “Option Exercise Amount” in the Options Table;

Option Exercise Amount means in respect of those Option Sellers that exercise their Company Option Agreement in advance of Closing the aggregate amount payable by such Option Sellers to the Company on the exercise of their Option Agreement(s) by way of subscription price for their Company Shares and the Company Option Tax Withholding, and being in respect of each Option Seller, the amount set out against his name in columns E and G of part 1 of Schedule 1.

Option Exercise Amount means, with respect to a particular Option, the product of: (a) the per Unit exercise price of such Option, multiplied by (b) the number of Units subject to such Option as of immediately prior to the Effective Time and in accordance with the terms and conditions of the XxxxxXxxxxx.xxx, LLC 2016 Equity Incentive Plan.

Examples of Option Exercise Amount in a sentence

• At a minimum, Matador Capital must pay to Benton no less than AUD $300,000 in aggregate of cash and equivalent shares between the Exclusivity Period payments and the Option Exercise Amount regardless of the point in time during the Exclusivity Period the election to exercise the Providence Option is made.

• In accordance with Section 4.4, Lessee will --------------- ----------- have the right, at its option at any time and from time to time, to purchase all (but not less than all) of the Systems then subject to a Lease Supplement at a price equal to the applicable Purchase Option Exercise Amount (the "Purchase -------- Option").

• If Lessee elects to purchase the Systems subject to a Lease ------ Supplement, Lessor shall transfer by xxxx of sale all of Lessor's right, title and interest in and to the Systems subject to such Lease Supplement to Lessee or its designee, without recourse or warranty (except as to the absence of Lessor Liens), against payment by Lessee of an amount equal to such Purchase Option Exercise Amount in immediately available funds.

• The Optionholders each authorise, instruct and direct the Buyer to withhold the Option Exercise Amount and the Option Tax Amount (if applicable) from the amount of the Cash Consideration that would otherwise be payable to them on Completion, and to pay such amounts (together the “ Option Withheld Amount”) on their behalf to the Company on Completion in satisfaction of each Optionholder’s obligation (if applicable) to pay the Option Exercise Amount and the Option Tax Amount to the Company.

• The relevant Option Seller hereby authorizes and instructs the Purchaser to withhold the Option Exercise Amount payable by such Option Seller from the Effective Closing Consideration otherwise due to the Option Seller and to pay such sum to the Company on his behalf and such payment shall constitute good discharge of the Purchaser’s obligations in respect of the Company Shares that arise on exercise of such options.

More Definitions of Option Exercise Amount

Option Exercise Amount means, with respect to a particular Option, the product of: (a) the per Unit exercise price of such Option, multiplied by (b) the number of Units subject to such Option as of immediately prior to the Effective Time and in accordance with the terms and conditions of the QuoteWizard.com, LLC 2016 Equity Incentive Plan.

Option Exercise Amount means the aggregate exercise price attributable to all Company Options outstanding as of immediately prior to the Closing.

Option Exercise Amount means the aggregate exercise price of all In-the-Money Options outstanding as of immediately prior to the Closing; provided that, with respect to any Option that has an exercise price of $6.50 that will take effect on December 31, 2021, the exercise price of such Option for purposes of the Option Exercise Amount calculation shall be deemed to be $6.50.

Option Exercise Amount means the aggregate exercise price of all In-the-Money Company Options.

Option Exercise Amount means the aggregate amount of cash that would be received by the Company in respect of the cash exercise of all Company Options, if such Company Options were exercised for cash immediately prior to Effective Time, treating all Company Options as fully vested for purposes of this definition.

Option Exercise Amount means the aggregate exercise price of all Options outstanding immediately prior to their cancellation pursuant to Section 2.3(d).

Option Exercise Amount shall be determined by multiplying the number of Options and former options allocated to the Option Pool (403,211) by the Option Price on the Closing Date. The Option Exercise Price and the Option Exercise Amount shown on EXHIBIT "B" shall be updated by the Company and provided to Purchaser two (2) business days prior to the Closing.