Examples of Vested Company Optionholder in a sentence
As soon as reasonably practicable after the Closing Date, Parent shall mail an Option Equity Award Consent to the address set forth opposite each Vested Company Optionholder’s name on the Payment Spreadsheet (except to the extent such document has previously been received byParent prior to the Closing from such Vested Company Optionholder).
Notwithstanding the delivery of any Suitability Documentation to Parent prior to the Closing, any Vested Company Optionholder may be deemed an “Accredited Stockholder” or “Unaccredited Stockholder” for purposes of this Agreement based on a good faith determination of the same by Parent.
Following the Merger I Effective Time, no Company Option that was outstanding immediately prior to the Merger I Effective Time shall remain outstanding and each former holder of any Company Option shall cease to have any rights with respect thereto, except the right of any Vested Company Optionholder to receive the consideration set forth in this Section 2.04 in exchange for its Vested Company Options in accordance with this Section 2.04.
The Company shall use commercially reasonable efforts to cause each Vested Company Optionholder to deliver a duly executed Option Surrender Agreement and Suitability Documentation.
The Company shall use all commercially reasonable efforts to cause (a) each Vested Company Optionholder that is a Non-Continuing Employee to deliver a duly executed Option Surrender Agreement prior to the Closing Date and (b) each Company RSU Holder to deliver a duly executed RSU Surrender Agreement prior to the Closing Date.
Notwithstanding the delivery of any Suitability Documentation to Parent prior to the Closing, any Vested Company Optionholder or Company RSU Holder may, in the reasonable discretion of Parent, be deemed to be an “Accredited Stockholder” or “Unaccredited Stockholder” for purposes of this Agreement.
The Company shall use its Reasonable Best Efforts to cause each Vested Company Optionholder and each Vested Promised Optionholder to execute the Optionholder Waiver and Acknowledgement to be executed on or prior to the Closing Date.