Definition of Optionee Withholding Amount


Optionee Withholding Amount means the sum of (i) the amount required to be withheld by Corporation in respect of the exercise of the Options by the Optionholders as described in Section 2.6 and (ii) the aggregate amount payable by the Optionholders to Corporation in order to repay the indebtedness (collectively, the Option Loans) incurred by the Optionholders in connection with the exercise of the Options.
Sample 1