{"component": "definition", "props": {"groups": [{"snippet": "means, at any time, an option to purchase shares of Common Stock granted by the Corporation pursuant to this plan or any other stock option plan of the Corporation or any Subsidiary now or hereafter in effect, or pursuant to any stock option plan of any corporation which is merged into the Corporation or a Subsidiary and where the Corporation has by action of its Board, assumed the obligations of such corporation under such stock option plan, all whether or not such option is at the time exercisable, to the extent that such option at such time has neither been exercised nor terminated.", "size": 3, "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "to-purchase-shares-of-common-stock", "type": "clause", "offset": [30, 64]}, {"key": "by-the-corporation", "type": "clause", "offset": [73, 91]}, {"key": "pursuant-to", "type": "clause", "offset": [92, 103]}, {"key": "this-plan", "type": "definition", "offset": [104, 113]}, {"key": "of-the-corporation", "type": "clause", "offset": [145, 163]}, {"key": "in-effect", "type": "definition", "offset": [199, 208]}, {"key": "where-the-corporation", "type": "clause", "offset": [323, 344]}, {"key": "obligations-of", "type": "clause", "offset": [385, 399]}, {"key": "at-the-time", "type": "definition", "offset": [481, 492]}, {"key": "to-the-extent", "type": "clause", "offset": [506, 519]}], "samples": [{"hash": "jukDY9ooma7", "uri": "https://www.sec.gov/Archives/edgar/data/69970/000095015207006518/l26977aexv10w26.htm", "label": "Equity Incentive Plan (National City Corp)", "score": 7.0, "published": false}, {"hash": "haGkUSnjbCw", "uri": "https://www.sec.gov/Archives/edgar/data/69970/000095015205008825/l16656aexv10w40.txt", "label": "National City Corp", "score": 2.0, "published": false}, {"hash": "aQc5WZWEAJ0", "uri": "https://www.sec.gov/Archives/edgar/data/69970/000095015204002705/l06783aexv99w1.txt", "label": "National City Corp", "score": 2.0, "published": false}], "hash": "3824ae3409cefffef91e4db33ca8ccf5", "id": 1}, {"snippet": "means each Option outstanding immediately prior to the Effective Time.", "size": 3, "snippet_links": [{"key": "prior-to-the-effective-time", "type": "clause", "offset": [42, 69]}], "samples": [{"hash": "kpFykhvW2a1", "uri": "/contracts/kpFykhvW2a1#outstanding-option", "label": "Merger Agreement (Jl Halsey Corp)", "score": 21.0, "published": true}, {"hash": "ixLlJh6YX2W", "uri": "/contracts/ixLlJh6YX2W#outstanding-option", "label": "Merger Agreement (Jl Halsey Corp)", "score": 21.0, "published": true}], "hash": "cd0c768c25a6a9595afa554c3d9cace8", "id": 2}, {"snippet": "or \u201cOutstanding Options\u201d is defined in Section 1.7(b).", "size": 3, "snippet_links": [{"key": "outstanding-options", "type": "clause", "offset": [4, 23]}, {"key": "defined-in-section", "type": "clause", "offset": [28, 46]}], "samples": [{"hash": "lMONFCWRRVg", "uri": "/contracts/lMONFCWRRVg#outstanding-option", "label": "Merger Agreement (Solta Medical Inc)", "score": 24.1540050507, "published": true}], "hash": "315f7954d8053e60e3e99e85c11b88cd", "id": 3}, {"snippet": "has the meaning given to the term in Section 2.5(g)(i) of this Agreement. 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hereafter in effect, or pursuant to any stock option plan of any corporation which is merged into the Corporation or a Subsidiary and where the Corporation has by action of its Board, assumed the obligations of such corporation under such stock option plan, all whether or not such option is at the time exercisable, to the extent that such option at such time has neither been exercised nor terminated.", "size": 30, "id": "outstanding-option", "examples": ["The options issued or to be issued under the <strong>Outstanding Option</strong> Grants shall continue to be subject to the terms of the Option Agreements, except to the extent otherwise provided for in this Agreement.", "The Company has issued to the Employee options to purchase shares of the Company&#x27;s Common Stock pursuant to the terms of various Option Agreements and the terms of the Company&#x27;s 1998 Stock Incentive Plan (the &quot;<strong>Outstanding Option</strong> Grants&quot;).", "The options issued under the <strong>Outstanding Option</strong> Grants shall continue to be subject to the terms of the Option Agreements, except to the extent otherwise provided for in this Agreement.", "If such product is equal to or less than zero, such <strong>Outstanding Option</strong> shall be cancelled and the holder thereof shall receive no consideration in respect thereof.", "For purposes of this Section 2(c)(iii), the term \u201cTotal Option Shares\u201d shall mean, as of any given day, the total amount of shares purchasable by, or issuable to, you pursuant to any then <strong>Outstanding Option</strong>, without regard to the number of shares that are vested at such time pursuant to the terms of such <strong>Outstanding Options</strong>.", "In the event of a Change in Control, the surviving, continuing, successor or purchasing corporation or parent corporation of, as the case may be (the &quot;Acquiring Corporation&quot;), shall assume the Company&#x27;s rights and obligations under the option to the extent the option is then outstanding and unexercised (the &quot;<strong>Outstanding Option</strong>&quot;) or substitute for the <strong>Outstanding Option</strong> a substantially equivalent option for the Acquiring Corporation&#x27;s stock.", "The <strong>Outstanding Option</strong> and the SAR shall be subject to all the terms and provisions of the 1998 Plan and the Optionee shall abide by and be bound by all rules, regulations and determinations of the Board or Committee now or hereafter made in connection with the administration of the 1998 Plan.", "The number of shares of Palatin Common Stock that the holder of an assumed <strong>Outstanding Option</strong> shall be entitled to receive upon the exercise of such option shall be a number of whole and fractional shares determined by multiplying the number of shares of MBI Common Stock subject to such option, determined immediately before the Effective Date, by the Exchange Ratio.", "Prior to the Closing, the Seller shall purchase all Option Shares (including the <strong>Outstanding Option</strong> Shares) and, at the Closing, shall deliver all such purchased Option Shares to the Purchaser.", "The Board or the Committee may require the Optionee to furnish to the Corporation, prior to the issuance of any shares of Stock in connection with the exercise of any <strong>Outstanding Option</strong> or any SAR, an agreement, in such form as the Board or the Committee may from time to time deem appropriate, in which the Optionee represents that the shares acquired by him upon such exercise are being acquired for investment and not with a view to the sale or distribution thereof."], "related": [["outstanding-common-stock", "Outstanding Common Stock", "Outstanding Common Stock"], ["outstanding-shares", "Outstanding Shares", "Outstanding Shares"], ["top-up-option", "Top-Up Option", "Top-Up Option"], ["vested-option", "Vested Option", "Vested Option"], ["3i-option", "3(i) Option", "3(i) Option"]], "related_snippets": [], "updated": "2025-10-05T04:26:25+00:00"}, "json": true, "cursor": ""}}