Examples of Option Payment Amount in a sentence

Notwithstanding the generality of the foregoing, the parties agree and acknowledge that the Option Payment Amount will be paid by Company (less applicable withholding and any other Taxes required to be paid with respect thereto) through a special payroll on the Closing Date through the Company’s payroll.
Optionholder hereby acknowledges and agrees that the Per Unit Amount and the Option Payment Amount may be subject to adjustment at Closing pursuant to Section 2.2 of the Purchase Agreement.
Most of the projects demonstrated regional and/or provincial market effects and have the potential to result in substantial avoided costs.
Buyer shall contribute the Option Payment Amount to the Company, and the Company shall pay such amount (less applicable withholding and any Taxes required to be paid by the Company with respect thereto) to the Optionholder through special payroll on the Closing Date.
Optionholder may not sell, exchange, transfer or otherwise dispose of Optionholder’s right to receive the Option Payment Amount or any portion thereof.

More Definitions of Option Payment Amount

Option Payment Amount has the meaning set forth in Section 5.14(a).

Option Payment Amount means the sum of: (1) $8.40 (equal to 40% of the cash consideration) plus (2) .5839 (equal to 60% of the per share Exchange Ratio of .9731) multiplied by the average of the daily closing prices of Univest Common Stock for the twenty consecutive trading days ending on the fifth trading day immediately preceding the Closing Date.

Option Payment Amount means, with respect to a particular Option that is subject to an Option Cancellation Agreement, the product of: (a) the amount, if any, by which (i) Per Unit Amount exceeds (ii) the per Unit exercise price of such Option, multiplied by (b) the number of Company 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. The Option Payment Amount shall be zero (0) with respect to such an Option that has a per Unit exercise price that is equal to or exceeds the Per Unit Amount for the Company’s Unit.

Option Payment Amount has the meaning set forth in Section 3.2(a).

Option Payment Amount means an amount necessary to make payment of the aggregate amounts due to holders of outstanding In-the-Money Options pursuant to the first sentence of Section 2.9.

Option Payment Amount means an amount equal to the product of (a) the excess, if any, of the Merger Consideration over the applicable Option Price thereof, and (b) the number of shares of Axle Common Stock subject thereto.

Option Payment Amount means, with respect to any Option outstanding immediately prior to the Effective Time, the remainder, if any, of (i) the Per Share Merger Consideration minus (ii) the exercise price of such Option, in cash, without interest. Notwithstanding the foregoing, if, between the date of this Agreement and the Effective Time, the Shares shall have been changed into a different number of Shares or a different class by reason of any dividend, subdivision, reclassification, recapitalization, split, combination or exchange of Shares, then the Per Share Merger Consideration contemplated by the Merger shall be correspondingly adjusted to reflect such dividend, subdivision, reclassification, recapitalization, split, combination or exchange of Shares.