Unvested Company Stock Option definition

Unvested Company Stock Option means each Company Stock Option held by the Purchaser immediately prior to the Effective Time that is unvested as of immediately prior to the Effective Time (without regard to the cancellation of such Company Stock Options required by Section 2.09(a) of the Merger Agreement).
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Unvested Company Stock Option means each Company Stock Option other than a Vested Company Stock Option.
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Unvested Company Stock Option means a Company Stock Option (or portion thereof) that is outstanding as of immediately prior to the Effective Time and (after giving effect to any accelerated vesting in connection with the transactions contemplated by this Agreement as provided for on the date hereof in the agreement evidencing such Company Stock Option or in any amendment to such agreement between the Company and the holder of such Company Stock Option in effect on the date hereof) is not a Vested Company Stock Option.
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Examples of Unvested Company Stock Option in a sentence

  • The Company shall take all actions necessary to terminate the Company’s 2007 Stock Option and Grant Plan and the Company’s 2018 Stock Option and Grant Plan as of the Effective Time and to cancel and terminate each Vested Company Stock Option and Unvested Company Stock Option in accordance with Section 2.6(a) and (b).

  • At the Effective Time, each Unvested Company Stock Option outstanding immediately prior to the Effective Time shall be cancelled and terminated without consideration.

  • Each outstanding Company Stock Option that is either not vested or not exercisable at the Effective Time (“Unvested Company Stock Option”), shall be cancelled and rendered null and void, with no consideration of any kind payable to any Person with respect to such Unvested Company Stock Option.

  • Effective as of the Effective Time, each Unvested Company Stock Option will be assumed by Parent and converted into an option to purchase Parent Common Stock (each, an “Assumed Option”).

  • At the First Step Merger Effective Time, each Unvested Company Stock Option shall becancelled and terminated for no consideration.

  • At the Effective Time, each Unvested Company Stock Option shall be terminated without the payment of any consideration in respect thereof and each share of Company Restricted Stock, other than Designated Company Restricted Stock, shall be repurchased by the Company for the original purchase price of such Company Restricted Stock with such additional amounts payable in respect of such Company Restricted Stock in connection with the Merger set forth in Section 2.7.3 above.

  • As soon as practicable after the Effective Time, Parent shall deliver to each holder of an outstanding Unvested Company Stock Option an appropriate notice setting forth such holder's rights pursuant thereto and that such Company Stock Option shall continue in effect on the same terms and conditions (subject to the adjustments required by this Section 2.2.2 after giving effect to the Merger).

  • A five-person Review Team (Annex 2) was formed, comprising expertise on molecular breeding, genetic resources, management and governance and monitoring and evaluation.

  • Each Assumed Option will be exercisable for that number of whole shares of Parent Common Stock equal to the product (rounded to the nearest whole share, or with respect to an Assumed Option that is intended to be an incentive stock option under Code Section 422, rounded down to the nearest whole share) of (1) the number of shares of Company Common Stock that were issuable upon exercise of such Unvested Company Stock Option immediately prior to the Effective Time, and (2) the Option Exchange Ratio.

  • The lucrative payments to be received by the Company’s officers and directors are detailed in the excerpt from the Recommendation Statement below: Payments in Payments in Respect of Respect of Total Number of Vested Number of Unvested Company Vested Company Unvested Company Stock Option Company Stock Options Company Stock Options Payments Name of Executive Officer or Director Stock Options ($) Stock Options ($) ($) James F.


More Definitions of Unvested Company Stock Option

Unvested Company Stock Option. Each validly granted Company Stock Option (or portion thereof) outstanding immediately prior to the Effective Time that is not vested and exercisable as of immediately prior to the Effective Time, after giving effect to any vesting acceleration arising in connection with the Merger.
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Unvested Company Stock Option means that Company Stock Option that is unexpired, unexercised and outstanding immediately before the Effective Time and which is unvested and not exercisable as of immediately before the Effective Time. If a Company Stock Option is unvested with respect to some, but not all, of the shares underlying such Company Stock Option, then “Unvested Company Stock Option” shall refer to the unvested portion of such Company Stock Option. *** Text Omitted and Filed Separately Confidential Treatment Requested Under 17 C.F.R. §§ 200.80(b)(4) and 240.24b-2
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Unvested Company Stock Option shall refer to the unvested portion of such Company Stock Option. *** Text Omitted and Filed Separately Confidential Treatment Requested Under 17 C.F.R. §§ 200.80(b)(4) and 240.24b-2
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Unvested Company Stock Option means a Company Stock Option that is not a Vested Company Stock Option and (y) a “Vested Company Stock Option” shall mean a Company Stock Option that is vested and exercisable as of immediately prior to the Effective Time, including any Company Stock Option that pursuant to its terms as in effect on the date hereof becomes vested in connection with the transactions contemplated by this Agreement.
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Unvested Company Stock Option shall refer to the unvested portion of such Company Stock Option.
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Related to Unvested Company Stock Option

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Employee Option means an Option granted pursuant to Section 5.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Director Option means an Option granted pursuant to Section 6.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).