Examples of Target Stock Plan in a sentence
Except as set forth on Section 3.2(a) of the Target Disclosure Schedule, since December 31, 2010 through the date hereof, Target has not (A) issued or repurchased any shares of Target Common Stock, Voting Debt or other equity securities of Target or (B) issued or awarded any options, restricted shares or any other equity-based awards under the Target Stock Plan.
As of the Effective Time, each unvested option to acquire shares of Target Common Stock (each, an "Unvested Target Stock Option") that is outstanding under any Target Stock Plan immediately prior to the Effective Time shall be terminated as of the Effective Time.
Each vested and unexercised option to acquire shares of Target Common Stock (each, a “Vested Target Stock Option” and, together with the Unvested Target Stock Options, the “Target Stock Options”) that is outstanding under any Target Stock Plan immediately prior to the Effective Time must be exercised as of the Effective Time.
No Target Stock Options have been granted except for those granted under a Target Stock Plan.
Target agrees that the committee administering Target's 1992 Stock Incentive Plan (the "Target Stock Plan") will not exercise its discretion to permit holders of Target Options to receive a cash payment under Section 12.3 of the Target Stock Plan.
As of the date hereof, there are 147,010 shares of Target Restricted Stock outstanding under the Target Stock Plan, a true, complete and accurate copy of which is set forth in Section 3.2 of the Target Disclosure Schedule, and 200,000 Target Restricted Stock Units outstanding that are convertible into Target Common Stock.
As of the Target Capitalization Date, no shares of Target Common Stock or Target Preferred Stock were reserved for issuance, except for 115,000 shares of Target Common Stock underlying options currently outstanding, 3,833,643 shares of Target Common Stock issuable upon the exercise of Target Warrants currently outstanding and 238,500 shares of Target Common Stock available in connection with future grants of stock options, in each case reserved for issuance pursuant to the Target Stock Plan.
Logging for lumber and pulpwood is still carried out in the area.
Target covenants that Target shall take all actions necessary to terminate the Target Stock Plan, such termination to be effective at or before the Effective Time.
The Target shall take all requisite action so that, at the Effective Time, each share of Target Common Stock subject to vesting, repurchase, or other lapse of restrictions (a "Target Restricted Share") that is outstanding under any Target Stock Plan as of immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be vested and settled by Target in accordance with the Target Stock Plans.