Option Exercise Proceeds definition
Option Exercise Proceeds means the aggregate amount that would be payable to the Company in respect of the outstanding and unexercised vested Company Options, other than any Out-of-the-Money Options, immediately prior to the Effective Time if the holders thereof exercised such Company Options in full for cash as of the Effective Time.
Option Exercise Proceeds means the aggregate exercise price of all Company In-The-Money Vested Options issued and outstanding immediately prior to the Effective Time.
Option Exercise Proceeds means, for each Company In the Money Option outstanding as of the Effective Time and cancelled pursuant to Section 1.11, an amount equal (i) the exercise price for a share of Company Common Stock underlying such Company In the Money Option multiplied by (ii) the number of shares of Company Common Stock underlying such Company In the Money Option.
Examples of Option Exercise Proceeds in a sentence
The Option Exercise Proceeds shall be apportioned equally between the Warrantors.
At Closing, Parent shall pay the amount of the Option Exercise Proceeds by wire transfer of immediately available funds to the account designed by the Shareholder Representative.
The Closing Statement and the calculation of the Option Exercise Proceeds, the Closing Cash, the Closing Indebtedness, the Capex Adjustment, the Transaction Expenses, and the Closing Consideration shall be revised by the Buyer to the extent necessary to reflect any resolution by the Representative and the Buyer and any final resolution made by the Arbiter in accordance with this Section 1.12.
More Definitions of Option Exercise Proceeds
Option Exercise Proceeds means an amount equal to the aggregate exercise price paid to the Company by holders of Options upon the exercise of Options following the Closing Date.
Option Exercise Proceeds means an aggregate amount equal to the amount of any cash that is paid or deemed to have been paid to the Company upon the exercise of any Vested Company Options from and after the date of this Agreement through and including the Effective Time.
Option Exercise Proceeds means an amount equal to the aggregate exercise price of all unexercised In-the-Money Options outstanding immediately prior to the Effective Time.
Option Exercise Proceeds has the meaning set forth in Section 1.6(a).
Option Exercise Proceeds means the sum of £1,169,930 payable to the Warrantors upon issue of the Draft Completion Accounts in accordance with Clause 6.2;
Option Exercise Proceeds means, with respect to an Option, the sum of the Option Price paid in cash, if any, to purchase shares of Stock under such Option, plus the value of all federal, state and local tax deductions to which the Company is entitled with respect to the exercise of such Option, determined using the highest federal tax rate applicable to corporations and a blended tax rate for state and local taxes based on the jurisdictions in which the Company does business and giving effect to the deduction of state and local taxes for federal tax purposes.
Option Exercise Proceeds means the aggregate exercise proceeds actually received, if any, by Premier Valley upon exercise between the date of this Agreement and the Closing Date, of Premier Valley stock options that are outstanding as of the date of this Agreement (as disclosed in Schedule 4.3)