Examples of Per Option Consideration in a sentence
Until so surrendered and cancelled, each Option Agreement shall represent solely the right to receive per Option represented by such Option Agreement (and exercisable as of the Effective Time), the Per Option Consideration.
At the Effective Time, all of the outstanding Options will be terminated and the Company will have no further obligations to the holders thereof with respect thereto except to remit the Per Option Consideration and the applicable withholding taxes.
All options to purchase shares of capital stock of the Company (individually, an “ Option ” and collectively, the “ Options ”) outstanding immediately prior to the Effective Time whether under any Company stock option plan or otherwise, and whether or not then exercisable, shall be cancelled and each Optionholder will be entitled to receive from the Surviving Corporation, for each share of Company Stock subject to an Option, the Per Option Consideration in cash.