RBMG definition
Examples of RBMG in a sentence
The Optionee acknowledges that a copy of the Plan has been available on the RBMG intranet ("iris").
RBMG intends the Option Price to be at least 100% of the Fair Market Value of the shares of Common Stock subject to the Option as of the Agreement Date.
Anything in this Option Agreement to the contrary notwithstanding, if, at any time specified herein for the issuance of Option Shares, any law, regulation or requirement of any governmental authority having jurisdiction in the premises shall require RBMG or the Optionee, in the judgment of RBMG, to take any action in connection with the shares then to be issued, then the issuance of such shares shall be deferred until such action shall have been taken.
Effective upon the date hereof, and subject to the terms and conditions set forth herein and in the Plan, RBMG has awarded to the Optionee the option to purchase from RBMG, at an Option Price per share as shown above, up to but not exceeding in the aggregate the shares of Common Stock shown above as the Shares Granted.
RBMG shall have no liability if this Option shall not qualify as an ISO, but this Option shall continue in full force and effect as an NQSO notwithstanding such failure to so qualify.
In the event the aggregate Fair Market Value of the Common Stock with respect to ISOs exercisable for the first time by Optionee during any calendar year exceeds $100,000, the Optionee shall give notice promptly (as provided in Section 6(e)) of such fact to RBMG.
The Option shall be deemed to be exercised on the date (the "Exercise Date") that RBMG receives full payment of the exercise price for the number of shares for which the Option is being exercised.
If RBMG determines in good faith during the Change of Control Period that the Disability of the Executive has occurred, it may give to the Executive written notice in accordance with Section 9(b) of its intention to terminate the Executive's employment.
RBMG may terminate the Executive's employment with the Company during the Change of Control Period for Cause and the Executive may terminate employment during the Change of Control Period for Good Reason.
Any termination by RBMG for Cause, or by the Executive for Good Reason, shall be communicated by Notice of Termination to the other party hereto in accordance with Section 9(b) of this Agreement.