Unvested Stock Option definition

Unvested Stock Option means each Stock Option which shall not have fully vested as of the relevant date specified herein.
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Unvested Stock Option means any Stock Option that, as of immediately prior to the Effective Date, remains unvested pursuant to the terms of the applicable Equity Incentive Plan and Stock Option Award Agreement.
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Unvested Stock Option is any Stock Option or a portion thereof that is not vested as of immediately prior to the Effective Time.
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Examples of Unvested Stock Option in a sentence

  • The allocation of Unvested Options between the First Option Tranche and the Second Option Tranche (and the forfeiture of options as set forth above) shall be made pro rata among each grant of an Unvested Stock Option held by the Executive, based upon the number of shares covered by such Unvested Stock Option and shall be rounded to the nearest whole number of shares using conventions customarily employed by the Parent for such purpose.

  • The exercise price per share of any such Adjusted Option will be an amount (rounded up to the nearest whole cent) equal to (A) the exercise price per share of the Unvested Stock Option immediately prior to the Effective Time divided by (B) the Equity Exchange Ratio.

  • Notice or communications to or from the Holder Representative pursuant to this Section 2.3 or the Escrow Agreement shall constitute notice to or from each of the Other Holders and the Unvested Stock Option holders.

  • The Company shall take such action as shall be necessary or advisable pursuant to the Company Stock Plans and any applicable Option agreements, including without limitation, obtaining any necessary consents, to cause each Company Unvested Stock Option that remains outstanding as of the Effective Time to be cancelled and extinguished as of the Effective Time, such that such Unvested Company Stock Options shall not be entitled to any portion of the Merger Consideration or any other consideration.

  • Each Unvested Stock Option that is outstanding immediately prior to the Effective Time and held by the Founder shall, pursuant to an Option Cancellation, Assumption and Revesting Agreement, in substantially the form attached hereto as Exhibit D (the “Founder Option Revesting Agreement”), be assumed by Parent at the Effective Time and converted into a Parent Option.

  • The Company agrees to satisfy any obligations related to, or in connection with, the cancellation of any Company Unvested Stock Option.

  • Upon payment to the holder of an Unvested Stock Option of the Unvested Option Merger Price for the Option Shares subject to such Unvested Stock Option, such Unvested Stock Option shall be cancelled.

  • Employer granted Employee options in accordance with the provisions of the Carrols Holdings Corporation 1996 Long-Term Incentive Plan, the nonqualified stock option agreement related thereto and the Unvested Stock Option Agreement issued to Employee on ____________, 1997.

  • For each vesting date of a Participant’s Unvested Stock Option on which such Unvested Stock Option vests in whole or in part, the Company will pay to the Participant in cash the cash value of the Dividend Equivalent Right amount that has accrued and is attributable to the shares underlying such Unvested Stock Option to the extent it becomes vested on such vesting date.

  • Fluctuations in the exchange rate of the Australian dollar to the United States dollar through to the Effective Time will affect the amount of shares of common stock in FOX received in respect of each Unvested Stock Option.


More Definitions of Unvested Stock Option

Unvested Stock Option has the meaning set forth in Section 3.1(c)(viii).
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Unvested Stock Option means a Stock Option to the extent it remains unvested as of the Effective Date.
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Unvested Stock Option means that portion of any Voting Common Stock Option that, at any point in time, is not vested and not exercisable pursuant to the terms thereof.
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Unvested Stock Option is any Stock Option that is not vested as of immediately prior to the Effective Time. A Stock Option is “In the Money” for purposes herein if the exercise or conversion or exchange price per share of Company Common Stock issuable upon exercise or conversion or exchange of such Stock Option is less than (i) the Per Share Consideration reduced by (ii) both the Escrow Per Share Amount and the Equityholders’ Representative Per Share Expense Amount. The “Aggregate Exercise Price” means the aggregate exercise price of all In the Money Vested Stock Options outstanding as of the Effective Time and which are exercisable upon the payment of cash (e.g., all vested stock options and warrants (whether or not exercisable via a cashless exercise provision) that are In the Money). The “Aggregate Exercise Proceeds” means the aggregate cash proceeds actually received by the Company from the exercise of Vested Stock Options during the period beginning on the date of this Agreement and ending on the Effective Time.
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Related to Unvested Stock Option

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • 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.

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

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

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

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

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

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share 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 share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

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

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

  • 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.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

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

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

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

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

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

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • SAR means a stock appreciation right granted under the Plan.