Examples of Parent Incentive Plan in a sentence
Based upon such examination and review and upon representations made to us by officers of the Company, we are of the opinion that upon issuance and delivery of the Securities in accordance with the applicable terms and conditions of the Plan and upon receipt by the Company of the full consideration for the Securities as determined pursuant to the Plan, and assuming no change in the applicable law or facts, the Securities will be validly issued, fully paid and nonassessable.
Except as set forth in this Section 3.6 and except for stock options granted pursuant to the Parent Incentive Plan and the Parent Warrants set forth in Part 3.6 of the Parent Disclosure Schedule, there are no options, warrants or other rights, agreements, arrangements or commitments of any character relating to the issued or unissued capital stock of Parent or Merger Sub or obligating Parent or Merger Sub to issue or sell any shares of capital stock of, or other equity interests in, Parent or Merger Sub.
Following the Effective Time, all Converted Options resulting from the conversion of 2016 Ambrx Options shall be governed in all respects by the terms and conditions of the Second A&R 2016 Parent Incentive Plan and all Converted Options resulting from the conversion of 2021 Ambrx Options shall be governed in all respects by the terms and conditions of the A&R 2021 Parent Incentive Plan.
The shares underlying options and restricted stock units reflected herein is based on assumed adjustments to Hilton Parent equity-based awards expected to be outstanding under the Hilton Parent Incentive Plan on the distribution date using the closing price of Hilton Parent stock as of November 8, 2016 and a hypothetical price of HGV Parent stock.
Xxxx, the Parent Incentive Plan) held by a Technologies Non-Employee Director or a Parent and Technologies Non-Employee Director shall be replaced in a manner that is consistent with the adjustment provisions of the Parent Non-Employee Director Plan (or, the Parent Incentive Plan), each as interpreted by the Compensation and Organization Committee of the Board of Directors of Parent.