Preferred Options definition

Preferred Options means, collectively the options to purchase Series B Preferred, if any, granted to the Executive pursuant to the Preferred Option Agreement.
Preferred Options means all options to purchase the portion of a “Unit” (as defined in the Option Plan) that consists of one share of Preferred Stock, whether vested or unvested.
Preferred Options means all options to acquire shares of Company Preferred Stock which are exercisable (or will become exercisable as a result of the transactions contemplated hereby (whether pursuant to the terms of such options or at the election of the Company’s board of directors)), as of immediately prior to the Effective Time.

Examples of Preferred Options in a sentence

  • The Preferred Options may be exercised only to the extent they have become vested.

  • The Common Options and the Preferred Options have been validly authorized and issued.

  • Except as otherwise provided herein, any portion of the Executive Securityholder's Preferred Options that was not vested and exercisable as of the date his employment with the Company or any of its Subsidiaries terminated shall expire and be cancelled on such date.

  • In no event shall any part of the Executive Securityholder's Preferred Options and Purchased Options be exercisable after the applicable Expiration Date.

  • The Executive Securityholder's Preferred Options shall be subject to vesting in the manner specified in this Section 2(c).

  • The options granted to the Executive Securityholder pursuant to this Section 1(c) are hereinafter collectively referred to as the "Preferred Options".

  • The Preferred Options shall expire at the close of business on March 31, 2014 and the Purchased Options shall expire at the close of business on March 31, 2028 (in either case, such date being hereinafter referred to as the "Expiration Date"), subject to earlier expiration as provided herein.

  • In no event shall any part of the Executive Securityholder’s Preferred Options and Purchased Options be exercisable after the applicable Expiration Date.

  • The Executive Securityholder’s Preferred Options shall be subject to vesting in the manner specified in this Section 2(c).

  • Common Series A Preferred Options Total: $ To the extent any item above is not completed, the response shall be deemed to be “None”.


More Definitions of Preferred Options

Preferred Options has the meaning set forth in Background Section B of this Agreement.