SpinCo Equity Award definition

SpinCo Equity Award means a SpinCo Option, SpinCo RSU Award or SpinCo PSU Award.
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SpinCo Equity Award has the meaning set forth in the Employee Matters Agreement.
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SpinCo Equity Award means any SpinCo Common B Share or SpinCo Common C Share distributed in the Distribution to a holder of Viamet Common B Shares or Viamet Common C Shares, respectively, that were issued pursuant to the Viamet Equity Plan.
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Examples of SpinCo Equity Award in a sentence

  • The Parties shall use commercially reasonable efforts to take all actions necessary or appropriate so that each outstanding Company Equity Award and SpinCo Equity Award held by any individual shall be adjusted as set forth in this Article IV and in accordance with applicable Law, the applicable equity plan and the applicable award agreement.

  • Each SpinCo Equity Award that is outstanding as of the Effective Time shall be treated as set forth in the Employee Matters Agreement.

  • Pursuant to the Merger, there shall be issued to each holder of a share of SpinCo Common Stock and each holder of a SpinCo Equity Award, their pro rata portion, as determined in accordance with the terms of Section 3.1(a) and the Employee Matters Agreement, as applicable, of an aggregate of 15,000,000 shares of Domesticated Parent Common Stock (without duplication), subject to the forfeiture provisions set forth in Section 3.3(d) (the “Earnout Shares”).

  • If, immediately following the Effective Time, the Available Cash is greater than or equal to the Aggregate SpinCo Unit Option Consideration but less than the Aggregate SpinCo Equity Award Consideration, then: (i) SpinCo Unit Options.

  • Except as otherwise provided by this Article IV, each adjusted Parent Equity Award or assumed and converted SpinCo Equity Award shall be subject to the same or substantially similar terms after the Effective Time as were applicable to the corresponding Parent Equity Award immediately prior to the Effective Time.

Related to SpinCo Equity Award

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • PSU means Public Sector Undertaking

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • SpinCo Employee means any individual who, immediately following the Distribution Date, will be employed by Spinco or any member of the Spinco Group in a capacity considered by Spinco to be common law employment, including active employees and employees on vacation and approved leaves of absence (including maternity, paternity, family, sick, short-term or long-term disability leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves).