Examples of Tranche A Options in a sentence
Except as provided with respect to Tranche A Options in connection with a termination without Cause within one year following a Change in Control, unvested Options shall be cancelled for no consideration upon a termination for any reason.
To ensure progress towards internationally agreed development goals, including the MDGs, as well as the development goals agreed in the Third Programme of Action for LDCs, it is necessary that ODA be significantly increased and made more effective, and it must be additional to debt relief or emergency assistance.
Each mL of perchloric acid (0.1 mol/L) VS is equivalent to 37.03 mg of C17H24BrNO3.
Twenty-percent (20%) of the Tranche A Options shall become Vested Options and shall become exercisable on each of the first five anniversaries of the Grant Date.
The remaining 20% of such New Options, plus any additional options not granted as Tranche A Options and allocated as "Tranche B Options" with the approval of Hicks Muse and GSC, shall be available for future grants at the discretion of the Compensation Committee, subject to such terms and conditions as the Compensation Committee may determine at the time of grant.
The Tranche A Options shall vest as follows: one-third immediately upon the date of grant, one-third upon the 24-month anniversary of the Effective Date, and one-third upon the 36-month anniversary of the Effective Date.
Tranche A Options shall be issued to employees of the Reorganized Debtors and their Subsidiaries in accordance with an allocation recommended by the Chief Executive Officer of Reorganized Group and approved by the Compensation Committee of the Board of Directors of Reorganized Group; provided, a designee of Hicks Muse and a designee of GSC must consent to such allocation.
The term “Exercise Date” refers to the 31st day of January (i.e., January 31st) of each year in which a Stock Option may be exercised (with each such year being an odd-numbered year for Tranche A Options and an even-numbered year for Tranche B Options).
The Scheme became effective on 18 December 2013.The maximum number of share options currently permitted to be granted under the Scheme is in aggregate 14,035,595 shares, including the Tranche A Options granted for a total number of 7,017,798 shares and the Tranche B Options granted for a total number of 7,017,797 shares.
The Wong Tranche A Options, the Walden Tranche A Options and the Tiziani Tranche A Options (collectively, the “Tranche A Options”) vest in full upon a change of control, subject to the executive’s continued employment through the change of control.