Option Percentage definition

Option Percentage has the meaning set forth in Section 6.2(g)(ii).

Option Percentage means the amount determined annually by the Committee pursuant to Section 6.1.

Option Percentage is the Option Amount divided by the death benefit.

Examples of Option Percentage in a sentence

• Discount Option Receivables created on any Date of Processing shall mean the product of the amount of any Receivables created on such Date of Processing and the applicable Discount Option Percentage.

• The Transferor shall also have the option of increasing, reducing or withdrawing the Discount Option Percentage, at any time and from time to time, without notice to or the consent of any Noteholder, on or after such Discount Option Date.

• For purposes of this Section 3.3, "Proportionate Amount" means a principal amount determined by multiplying (i) the amount to be raised by the Company by (ii) Univision's then existing Option Percentage.

• Univision's Option Percentage shall also proportionately increase upon purchase by the Company of any Class A Non-Managing Membership Units outstanding on the Effective Date or the non-issuance of any Class A Non- Managing Membership Units contemplated to be issued in the Reorganization which are not so issued.

• Years of Continuous Employment After Date of Grant of Option Percentage of Total Shares of Common Stock Subject to Option Which May be Exercised after 1 year 20 % after 2 years 40 after 3 years 60 after 4 years 80 after 5 years 100 The right to exercise the Option pursuant to the above schedule is cumulative.

More Definitions of Option Percentage

Option Percentage means (i) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $10,662,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 9.9% and, (ii) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $42,648,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 19.9%

Option Percentage for any Option Holder means the quotient of (a) the Option Cancellation Payment for such Option Holder divided by (b) the Total Proceeds.

Option Percentage means a percentage equal to the quotient of (a) the number of Company Ordinary Shares underlying all Company Options issued and outstanding immediately prior to the Effective Time divided by (b) the Fully Diluted Share Number. For the avoidance of doubt, the sum of the Option Percentage, the Ordinary Shares Percentage and the CVR Percentage shall equal 100%.

Option Percentage means the percentage notified as such by ninemsnCo (or its nominee) to Monster but not more than 50%.

Option Percentage means the percentage equivalent of a fraction, determined immediately prior to the Closing hereunder, the numerator of which is the aggregate amount of outstanding Options and the denominator of which is the aggregate amount of outstanding Shares and Options.

Option Percentage has the meaning ascribed thereto in Section 8.1(a).

Option Percentage has the meaning set forth in Section 9.6. -------- *** Confidential information omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.