Stock Option Exchange Ratio has the meaning given such term in Section 1.8(a) of this Agreement.

Stock Option Exchange Ratio means the Per Share Stock Consideration.

Stock Option Exchange Ratio means the sum of (i) the Exchange Ratio plus (ii) the result obtained from dividing the Per Share Cash Consideration by the average of the closing sale prices per share of Parent Common Stock on Nasdaq as reported by The Wall Street Journal for the five last trading days immediately preceding the Closing Date. Any provision of this Agreement to the contrary notwithstanding, (i) in the case of any Assumed Option, the exercise price, the number of shares of Parent Common Stock purchasable pursuant to such Assumed Option and the terms and conditions of exercise of such options shall be determined in a manner that complies with Section 424(a) of the Code and the regulations thereunder, and (ii) other than to the extent that the Company is contractually obligated (including pursuant to the terms of any Company Option Plan) to accelerate the vesting of any Company Option, no Company Option shall have accelerated vesting by virtue of the transactions contemplated under this Agreement (whether alone or in conjunction with any other event). Following the Effective Time, no holder of a Company Option shall have any right to receive any shares of Company Common Stock in respect of such option. Rights to acquire shares of restricted stock pursuant to the Company’s Star Program shall be considered performance stock awards rather than Company Options and shall be governed by Section 1.8(c) below.

Examples of Stock Option Exchange Ratio in a sentence

The "Stock Option Exchange Ratio" shall mean the Merger Consideration divided by the volume-weighted average price of the Parent Common Stock on the NYSE during the trading day on the Business Day preceding the Closing Date (the "Parent Common Stock Price").

More Definitions of Stock Option Exchange Ratio

Stock Option Exchange Ratio means the sum of (i) the Exchange Ratio and (ii) the quotient obtained by dividing (x) the Per Share Cash Amount by (y) the Parent Share Cash Value.

Stock Option Exchange Ratio means the sum of (i) 0.4803 (the exchange ratio) and (ii) the quotient obtained by dividing (x) $50.65 (the cash portion of the merger consideration) by (y) the average of the volume weighted average price per share of Albemarle common stock on the NYSE on each of the last five trading days prior to the completion of the merger.

Stock Option Exchange Ratio means initially .4372, which amount shall be increased as of the date that Escrowed Shares are distributed pursuant to the Escrow Agreement by (i) the product of .0273 multiplied by (ii) the quotient of the number of Escrowed Shares distributed to former holders of Company Common Stock divided by the aggregate number of Escrowed Shares. Notwithstanding the foregoing, (i) if a Company Stock Option is exercised prior to the date that Escrowed Shares are distributed pursuant to the Escrow Agreement, upon such date appropriate adjustments shall be made so that such optionee will be in the same position with respect to Parent Common Stock as if the Stock Option Exchange Ratio on the date of such exercise had been the adjusted Stock Option Exchange Ratio as of such date and (ii) the Company may elect prior to the Effective Time to cancel for cash consideration the Sweco Options in accordance with their terms.

Stock Option Exchange Ratio is defined in Section 2.04. ---------------------------

Stock Option Exchange Ratio shall be equal (rounded to the nearest ten-thousandth) to: