Option Payments definition

Option Payments. Section 2.4(a)

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Option Payments has the meaning set forth in Section 3.03 below.

Option Payments has the meaning set forth in Section 2.02(b).

Examples of Option Payments in a sentence

• If subsequent to this Amendment, either Party's records indicate a discrepancy or errors in the record of Lease Option Payments made by Tenant which payments are applicable to offset, then the Parties shall work in good faith to adjust and correct said records.

• If subsequent to this Agreement, either Party's records indicate a discrepancy or errors in the record of Lease Option Payments made by Tenant which payments are applicable to offset, then the Parties shall work in good faith to adjust and correct said records.

• In the event of the death of Employee or if Employee shall become Totally Disabled (as defined in Section 4(b) below) during the Period of Employment, Employee's rights relating to all of his Option Payments shall automatically be accelerated and become immediately payable.

• Pursuant to the Merger Agreement, those Options that are not yet exercisable as of the time of the consummation of the Offer (the "Unvested Options") shall be converted upon consummation of the Offer into a right to receive quarterly cash payments from Parent at the time when such Options otherwise would have become exercisable (the "Option Payments").

• You hereby agree and acknowledge that your right to receive the Bonus Payment and the Option Payments is in lieu and in full satisfaction of the right to receive the payments and benefits set forth in Sections 2(a)(ii) and 2(a)(iv), respectively of the Severance Plan.

More Definitions of Option Payments

Option Payments has the meaning given to it in Section 5.2.

Option Payments means the First Option Payment and the Second Option Payment.

Option Payments. Section 2.4(a)(i) “Order” Section 3.15(b) “Outbound Intellectual Property Contracts” Section 3.17(b) “Outside Date” Section 1.1(e) “Parent” Preamble “Parent Representatives” Section 5.3(a) “Parent Subsidiary” Section 4.3

Option Payments has the meaning set forth in Section 1.7.

Option Payments. Section 2.4 (a) “Parent Board” Recitals “Parent Disclosure Schedule” Article 4 “Parent” Preamble

Option Payments as defined in Section 2.7(a).

Option Payments shall have the meaning assigned to it in Section 1.9.