Westaim Options definition

Westaim Options means the stock options of Westaim currently issued and outstanding pursuant to the Westaim Stock Option Plan, each of which entitles the holder thereof to purchase one Westaim Share;
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Examples of Westaim Options in a sentence

  • As of the date hereof, 4,295,265 Westaim Options have been granted and are outstanding and the expiry dates and exercise prices thereof are detailed in the Westaim Disclosure Letter and 101,876 restricted share units are issued and outstanding with the terms thereof being detailed in the Westaim Disclosure Letter.

  • All of the outstanding Westaim Options and Westaim RSUs will either be exercised or cancelled at closing.

  • All outstanding Westaim Shares have been duly authorized and are validly issued, as fully paid and non-assessable and are not subject to, nor were they issued in violation of, any pre-emptive rights, and all Westaim Shares issuable upon exercise of outstanding Westaim Options will, when issued, be duly authorized and validly issued as fully paid and non assessable shares.

  • At December 31, 2007, there were 4,448,598 Westaim Options and 260,070 Westaim restricted share units (“Westaim RSUs”) outstanding and at June 30, 2008, there were 4,198,597 Westaim Options and 101,876 Westaim RSUs outstanding.

  • Effect of the Reorganization on Incentive Securities In connection with the Reorganization, all outstanding Westaim Options and restricted share units of Westaim will be cancelled or exercised and all deferred share units will be settled.

  • We understand that you (the “Supporting Securityholder”) or your associates beneficially own, directly or indirectly, or exercise control or direction over, the number of Subject Westaim Shares, Subject Westaim Options and Subject Westaim RSUs set forth in your acceptance at the end of this letter agreement, and that you and your associates do not beneficially own, directly or indirectly, or exercise control or direction over, any Other Westaim Rights.

Related to Westaim Options

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

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

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

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

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

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

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

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

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

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • 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).

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

  • First Option has that meaning set out in Section 3.1 (a);

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

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • 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.

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

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

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

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Optioned Stock means the Common Stock subject to an Option.

  • 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.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Option Plans has the meaning assigned thereto in Section 2.7.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.