Substituted Parent Option definition

Substituted Parent Option. Is defined in Section 1.7.1(c)(iii).
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Substituted Parent Option has the meaning ascribed to it in Section 1.7(d).
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Substituted Parent Option has the meaning set forth in Section 1.2(d)(i).
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Examples of Substituted Parent Option in a sentence

  • The Substituted Parent Options shall have the same vesting schedule as the Company Options and continuous employment with the Company shall be credited to each optionee for purposes of determining the number of shares of Parent Common Stock subject to exercise under such optionee's Substituted Parent Option after the Effective Time.

  • For the avoidance of doubt, no holder of a Substituted Parent Option shall receive any such dividends or other distributions unless and until such option vests and the applicable shares of Parent Common Stock are payable to such holder pursuant to Section 1.7(d)(i)(B) or (C).

  • An amendment to the Plan to increase the number of shares under the Plan by 500,000 was authorized by the Board of Directors on April 24, 2003 and was approved by shareholders on October 21, 2003.

  • Notwithstanding the foregoing, this Section 9.5 shall not be construed to prohibit an action (i) for payment of Merger consideration by a Company Stockholder or holder of a Company Option or Substituted Parent Option that is unpaid at a time when Parent is then obligated to pay such amounts or (ii) to enforce the vesting and exercisability rights of a Terminated Company Employee with respect to his or her Unvested Substituted Parent Options, in each case, pursuant to Article I.

  • If the foregoing calculation results in a Substituted Parent Option being exercisable for a fraction of a share of Parent Common Stock, then the number of shares of Parent Common Stock subject to such Substituted Parent Option shall be rounded down to the nearest whole number of shares.

  • Following the Effective Time, the Company Options shall no longer be exercisable and shall entitle the Company Option holder only to the Option Cash Payment or the Substituted Parent Option Award, as applicable, which, in the case of the Option Cash Payment, shall be paid as of, or promptly following, the Effective Time (but in no event later than the fifth (5th) Business Day following the Closing Date) or, in the case of the Substituted Parent Option Award, shall be issued as of the Effective Time.


More Definitions of Substituted Parent Option

Substituted Parent Option has the meaning assigned to such capitalized term in paragraph 3.4(a) of this Agreement.
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Related to Substituted Parent Option

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Parent Options means options to purchase shares of Parent Common Stock from Parent (whether granted by Parent pursuant to the Parent Option Plans, assumed by Parent or otherwise).

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Surviving General Partner has the meaning set forth in Section 11.2(d)(i)(A).

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Parent Common Shares means the common shares of the Parent;

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • Parent Common Stock means the common stock, par value $.001 per share, of Parent.

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Parent RSU means each restricted stock unit representing the right to vest in and be issued shares of Parent Common Stock by Parent, whether granted by Parent pursuant to a Parent Equity Plan, assumed by Parent in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.

  • Replacement unit means a landfill, surface impoundment, or waste pile unit (1) from which all or substantially all of the waste is removed, and (2) that is subsequently reused to treat, store, or dispose of hazardous waste. “Replacement unit” does not apply to a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with an approved closure plan or EPA or State approved corrective action.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Merger Sub Board means the board of directors of Merger Sub.

  • Merger Sub Common Stock means the shares of common stock, par value $0.001 per share, of Merger Sub.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Final Merger Consideration has the meaning set forth in Section 2.10(b)(ii)(D).