Option Merger Consideration definition

Option Merger Consideration has the meaning set forth in Section 3.1(d).

Option Merger Consideration has the meaning set forth in Section 1.5.

Option Merger Consideration. Section 2.1(e) “Other Filings” Section 6.2 “Parent” Preamble

Examples of Option Merger Consideration in a sentence

• The Option Merger Consideration paid with respect to Company Stock Options in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights and privileges pertaining to the canceled Company Stock Options, and on and after the Effective Time the holder of a Company Stock Option shall have no further rights with respect to any Company Stock Option, other than the right to receive the Option Merger Consideration as provided in Section 3.01(d).

• Immediately prior to the Effective Time, Parent shall deposit with the Exchange Agent (i) the Merger Consideration to be paid in respect of the shares of Company Common Stock and (ii) Option Merger Consideration to be paid with respect to the Company’s outstanding Options as provided for in Section 1.10.

• The Company Common Stock Merger Consideration and the Option Merger Consideration may be paid in RMB to holders of the Company’s Common Stock or Stock Options residing in China.

• In consideration for the receipt by Holder of the Option Merger Consideration, Holder hereby irrevocably relinquishes any and all rights of Holder under the Options, the Option Agreements and the Option Plans, such relinquishment to be conditioned upon and to occur simultaneously at the occurrence of the Effective Time.

• Parent shall cause the Paying Agent and China Paying Agent to make, and the Paying Agent and China Paying Agent shall make payments of the Company Common Stock Merger Consideration and the Option Merger Consideration out of the Exchange Fund in accordance with this Agreement and the Articles of Merger.

More Definitions of Option Merger Consideration

Option Merger Consideration has the meaning assigned to such term in the Merger Agreement.

Option Merger Consideration means a number of shares of Tilray Class 2 Common Stock equal to (i) the product of (A) the Privateer Service Provider Options, multiplied by (B) the Option Exchange Ratio, less (ii) the Option Cash Consideration Shares.

Option Merger Consideration. Section 2.1(e) “Other Filings” Section 6.4 “The Company” Preamble “The Company Board” Recitals

Option Merger Consideration means, with respect to any share of Common Stock issuable under a particular Option, an amount equal to the excess, if any, of (A) the Merger Consideration over (B) the exercise price payable in respect of each share of Common Stock issuable under such Option.

Option Merger Consideration means the aggregate consideration to which holders of Options become entitled pursuant to Section 1.03.

Option Merger Consideration is defined in Section 2.4(a).

Option Merger Consideration means an aggregate amount equal to the Initial Merger Consideration Percentage multiplied by the sum of all Option Merger Consideration Per Share amounts for all Vested Options.