Examples of Optioned Shares in a sentence
If the Optionee has prepaid the Exercise Price for such expired Option, the Company shall by itself or cause other Group Companies to repay such prepaid Exercise Price; (B) if the Optionee holds any Optioned Shares at the time, the Optionee shall, within ten (10) business days upon his/her receipt of the written notice from the Company, sell the Optioned shares to the Company or a third party designated by the Company at the Exercise Price of such Optioned Shares.
Under any circumstance provided in Section 6(k)(i) or Section 6(k)(ii), the Optionee shall cooperate with the Company to complete the repurchase of his/her Optioned Shares in accordance with Section 6(k)(i) or Section 6(k)(ii), as the case may be, by the Company.
Any Optioned Shares subject to the portion of the Option that are vested as of the Optionee’s death but that are not purchased prior to the expiration of the Option pursuant to this Section 6(j) shall be forfeited immediately following the Option’s expiration.
Any issuance by the Company of equity securities of any class, or securities convertible into equity securities of any class, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number or Exercise Price of Optioned Shares or exercise price of optioned Shares under Prior Plans.
The Administrator in its discretion may provide for an Optionee to have the right to exercise his or her Option, or an optionee to have the right to exercise his or her outstanding option under the Prior Plans, until fifteen (15) days prior to the proposed dissolution or liquidation as to all of the Optioned Shares covered thereby or optioned Shares covered by the Prior Plans, including Shares as to which the Option or option under the Prior Plans would not otherwise be exercisable.