Stock Option Liability definition

Stock Option Liability means any Damages based upon, arising out of or otherwise in any way related to any attempt by any holder of Company Options to exercise such Company Options after the Effective Time.
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Examples of Stock Option Liability in a sentence

  • For purposes of assisting USA Waste in determining the applicability of this limitation, the Distribution Tax and Net Working Capital Deficiency shall be calculated as provided herein, and at least fifteen (15) days prior to the Distribution, AWS shall provide USA Waste with a good faith estimate of the Transaction Liabilities and the aggregate Retained Stock Option Liability along with reasonable supporting documentation.

  • Notwithstanding anything herein to the contrary, if the sum of the Transaction Liabilities, the Distribution Tax, the Net Working Capital Deficiency and the Retained Stock Option Liability is greater than the amount of the Primary USA Loan, then USA Waste shall not be obligated to consummate the Merger and shall be entitled to terminate this Agreement and if USA Waste terminates this Agreement, it shall have no obligation to make the Primary USA Loan or the Secondary USA Loan.

  • Notwithstanding the foregoing, if the exercise price of any Retained Stock Option exceeds the Merger Consideration then the Retained Stock Option Liability with respect to such option shall equal the product of $1.00 and the number of shares of AWS Common Stock for which such Retained Stock Option is exercisable.