VSOP definition

VSOP means the vested and unvested virtual share options that are outstanding as of immediately prior to the Closing as set forth on Schedule 2.3(b)-(ii) of the Company Disclosure Letter.
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VSOP means the draft Virtual Participation Program and any other virtual stock (option) program that the Company and the Company Shareholders considered prior to the date of this Agreement to allow selected key employees to virtually participate in the Equity Securities of the Company.
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Examples of VSOP in a sentence

  • Teachers who retire with ten (10) years or more experience in District 15 will be permitted to enroll in the District medical/dental benefit plan at their own cost, for a period of five (5) years following retirement, except those retiring pursuant to Article XX paragraph B (Retirement Incentive Option Plan), Letter of Agreement 1: VSOP (contained in the 2006-2009 CTC Negotiated Agreement) the premium rate for such insurance shall be equal to 100% of the active employee rate.

  • Correct and complete copies of the Company Option Plan and the form of the VSOP agreement have been made available to Acquirer, and such Company Option Plan and Contracts have not been amended, modified or supplemented since being made available to Acquirer.

  • With respect to the Indemnity Holdback Amount, the Expense Fund Amount and the Purchase Price Adjustment Amount, each Shareholder, VSOP Holder and Promised Company Optionholder shall economically contribute, and shall be deemed to have economically contributed, its Pro Rata Share of the Indemnity Holdback Amount, the Expense Fund Amount and the Purchase Price Adjustment Amount, rounded to the nearest whole cent.

  • Schedule 2.3(b)-(ii) of the Company Disclosure Letter sets forth, as of the Original Agreement Date, all VSOP agreements concluded between the Company and the respective VSOP Holder, including details of the total number of VSOPs granted to each VSOP Holder, the amount of VSOPs vested and the amount of VSOPs due as of the Closing.

  • At least ten Business Days before the Closing Date, the Company shall distribute a VSOP Waiver Agreement to each VSOP Holder who has not otherwise signed a VSOP Waiver Agreement.

  • The terms of the VSOPs and Company Option Plan permit the treatment of the VSOPs (other than subjecting the VSOP Payment to the execution and delivery of a VSOP Waiver Agreement as contemplated by Section 1.3(d)) and the Promised Company Options as provided herein, without notice to, or the consent or approval of, the VSOP Holders, Promised Company Optionholders, the Shareholders or otherwise.

  • In addition, from the Estimated Cash Consideration otherwise payable at the Closing to Shareholders, the VSOP Holders, and the Promised Company Optionholder, Acquirer shall cause (A) $1,000,000 (the “Expense Fund Amount” and such amount, as held in accordance with Section 9.5 of this Agreement, the “Expense Fund”) and (B) $1,000,000 (the “Purchase Price Adjustment Amount”) to be deposited with the Shareholders’ Agent in segregated bank accounts at the Closing.

  • Human Resources Background Check Attestation for completion of 7-year search for-SSN Trace, County Resided and Employed search, National Criminal, OFAC, and VSOP (Violent Sexual Offender Predatory) completed prior to first assignment with Contractor.

  • BBMRI-▇▇▇▇ has established a patient chapter as part of its Stakeholder Forum involving various patient advocacy groups (Genetic Alliance UK, Alzheimer Europe and Dutch VSOP) including a RD representation (EURORDIS).

  • All services provided within the framework of VSOP that are not billable to Medi-Cal shall be entered into the electronic medical record using the appropriate procedures.