Option Put Price definition
Option Put Price shall have the meaning specified in Section 3.1(a) hereof.
Option Put Price of any Put Options sold pursuant to the exercise of the Put Right shall mean the product of the number of Shares issuable upon exercise of a Management Investor's then-vested Put Options times the difference, if positive (if negative such price shall be equal to zero), between (i) the Share Put Price and (ii) the exercise price of each Put Option.
Option Put Price shall have the meaning assigned to such term in Section 5.2(a).
Examples of Option Put Price in a sentence
For purposes of this Section 3.1, the term "Option Put Price" of any Put Options sold pursuant to the exercise of the Put Right shall mean the product of the number of Shares issuable upon exercise of a Management Investor's then-vested Put Options times the difference, if positive (if negative such price shall be equal to zero), between (i) the Share Put Price and (ii) the exercise price of each Put Option.
More Definitions of Option Put Price
Option Put Price means, with respect to a particular Option, the difference between the Fair Market Value of one Share and the exercise price per share pursuant to such Option.