Converted Option has the meaning set forth in Section 3.1(a)(iii).

Converted Option has the meaning assigned to such term in Section 5.4(b) of the Agreement.

Converted Option has the meaning set forth in Section 2.1.6.

Examples of Converted Option in a sentence

Each Converted Option otherwise shall be subject to the same terms and conditions applicable to the corresponding Maxwell option and the agreement evidencing the Maxwell option thereunder, including vesting terms.
Each holder of a vested Converted Option as of immediately following the Effective Time shall also be entitled to receive its Earn Out Pro Rata Share of any Earn Out Shares upon the occurrence of each Triggering Event in accordance with Article III.
Except as specifically provided above, following the effective time, each Converted Option will continue to be governed by the same terms and conditions (including vesting and exercisability terms) as were applicable to the corresponding former Compensatory Warrant immediately prior to the effective time.
Each such Converted Option as so assumed and converted shall continue to have, and shall be subject to, the same terms and conditions as applied to the Company Option immediately prior to the Effective Time (but taking into account any changes thereto provided for in the applicable Company Stock Plan, in any award agreement or in such Company Option by reason of this Agreement or the Transactions).
A holder of a $12.50 Unvested Converted Option shall only be granted $12.50 Earnout RSUs if such holder remains in continuous service to Billtrust or its successor as of the $12.50 Share Price Milestone Date and the applicable grant date.

More Definitions of Converted Option

Converted Option has the meaning specified in Section 4.02(a).

Converted Option is defined in Section 2.7(a).

Converted Option has the meaning set forth in Section 2.2(a).

Converted Option has the meaning set forth in Section 3.04.

Converted Option. As defined in the recitals to this Agreement. ----------------

Converted Option means a Washington Option which has been converted into an option to purchase shares of Alpha Common Stock pursuant to the Merger.

Converted Option has the meaning assigned to such term in Section 2.2.2.