Parent Option definition

Parent Option means an option to purchase shares of Parent Common Stock.

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Parent Option means each option to acquire Parent Shares granted under the Parent Equity Plan or pursuant to a stand-alone stock option agreement.

Parent Option means any option to purchase shares of Parent Common Stock issued pursuant to the terms of Section 1.6(c) hereof in -------------- connection with the assumption of a Company Option.

Examples of Parent Option in a sentence

• The exercise price per share of each Parent Option is not less than the fair market value of a share of Parent Common Stock as determined on the date of grant of such Parent Option pursuant to the equity plan pursuant to which such Parent Option was granted.

• The exercise price per share of each Parent Option as so assumed and converted shall be equal to the exercise price of the Company Option prior to the assumption divided by the Conversion Ratio (rounded up to the nearest whole cent).

• The exercise price of each Parent Option is not less than the fair market value of a share of Parent Common Stock as determined on the date of grant of such Parent Option.

• Notwithstanding anything to the contrary in this Section 4.02(a)(i), the exercise price, the number of Parent Shares subject to each Post-Separation Parent Option Award and the terms and conditions of exercise of such options shall be determined in a manner consistent with the requirements of Section 409A of the Code.

• The date of grant of the substituted Parent Option shall be the date on which the corresponding Company Option was granted.

More Definitions of Parent Option

Parent Option means a compensatory option to purchase Parent Ordinary Shares.

Parent Option means an option to purchase Parent Shares granted pursuant to a Parent Equity Plan that is outstanding as of immediately prior to the Effective Time.

Parent Option has the meaning set forth in Section 4.2(a).

Parent Option shall have the meaning as set forth in Section 6.7(c).

Parent Option has the meaning in Recital B.

Parent Option means an award of an option to purchase Parent Common Shares granted pursuant to a Parent Stock Plan.

Parent Option has the meaning set forth in Section 3B(b).