Exercisable Option Shares definition

Exercisable Option Shares means the shares of Common Stock which, at the time of determination, could be purchased by the Optionholder upon exercise of his or her outstanding exercisable Options.
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Exercisable Option Shares means the number of shares of Common Stock that, at the time that Redemption Notice or Repurchase Notice is delivered (as applicable), could be purchased by the Management Stockholder upon exercise of his or her outstanding and exercisable Options.
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Exercisable Option Shares means the shares of Common Stock which, at the time of determination of the Option Excess Price could be purchased by the Management Stockholder upon exercise of his or her outstanding options. The Company will use its reasonable best efforts to cause a Registration Statement on Form S-8 covering shares of Issued Stock contemplated hereby to be filed within six months of the date hereof.
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Examples of Exercisable Option Shares in a sentence

  • All Options exercisable as of the date of a Repurchase Notice, in the case of a repurchase pursuant to Section 6(b), 6(c) or 6(d), shall continue to be exercisable until the repurchase of such Options pursuant to such Call Notice, provided that to the extent that any Options are exercised after the date of such Call Notice, the number of Exercisable Option Shares for purposes of calculating the Option Excess Price shall be reduced accordingly.

  • The Option Excess Price is the excess, if any, of the Section 5 Repurchase Price, the Section 6(a) Repurchase Price, the Section 6(b) Repurchase Price or the Section 6(c) Repurchase Price, depending on which Repurchase Price is being used to repurchase the remainder of the Pre-Five Stock, over the Base Price, multiplied by the number of Exercisable Option Shares.

  • For purposes hereof, "Exercisable Option Shares" shall mean the shares of Common Stock which, at the time of determination of the Option Excess Price, could be purchased by the Purchaser upon exercise of the Purchaser's outstanding Pre-Five Options.

  • Subject to other terms and conditions set forth herein, the Option may be exercised in cumulative installments as follows: On or After Each of the Following Vesting Dates Cumulative Percentage of Shares as to Which Option is Exercisable Option Shares shall constitute Vested Shares once they are exercisable.

  • All Options exercisable as of the date of a Repurchase Notice, in the case of a repurchase pursuant to Section 6(b) or 6(c), shall continue to be exercisable until the repurchase of such Options pursuant to such Call Notice, provided that to the extent that any Options are exercised after the date of such Call Notice, the number of Exercisable Option Shares for purposes of calculating the Option Excess Price shall be reduced accordingly.

  • All Options exercisable as of the date of a Call Notice, in the case of a repurchase pursuant to Section 4(a), 4(b) or 4(c) hereof, shall continue to be exercisable until the repurchase of such Options pursuant to such Call Notice, provided that to the extent that any Options are exercised after the date of such Call Notice, the number of Exercisable Option Shares for purposes of calculating the Option Excess Price shall be reduced accordingly.

  • All portions of the Options exercisable as of the date of a Repurchase Notice, in the case of a repurchase pursuant to Section 6(b) or 6(c), shall continue to be exercisable until the repurchase of such portions pursuant to such Call Notice, provided that to the extent that any portions of the Options are exercised after the date of such Call Notice, the number of Exercisable Option Shares for purposes of calculating the Option Excess Price shall be reduced accordingly.

  • Participant can exercise this Option on a cumulative basis to the extent hereinafter provided with respect to all or any part of the number of "Exercisable Option Shares" subject to this Option, and such right shall be a continuing one during the term of the Option as provided in paragraph 3 hereof, until this Option has been fully exercised with respect to the number of Option Shares stated in paragraph 1.

  • All Options exercisable as of the date of a Repurchase Notice, in the case of a repurchase pursuant to Section 6(a), 6(b) or 6(c), shall continue to be exercisable until the actual repurchase of such Options pursuant to such Call Notice, provided that to the extent that any Options are exercised after the date of such Call Notice, the number of Exercisable Option Shares for purposes of calculating the Option Excess Price shall be reduced accordingly.

  • Options and Warrants to purchase shares of Common Stock held by directors, officers and other individuals that were exercisable within 60 days after March 17, 1997 ("Exercisable Option Shares" or "Exercisable Warrant Shares"), are treated as outstanding for the purpose of computing the number and percentage of outstanding securities of the class owned by such person but not for the purpose of computing the percentage of the class owned by any other person.


More Definitions of Exercisable Option Shares

Exercisable Option Shares shall be the Option Shares granted in paragraph 1 and vested in accordance with paragraph 2(a) hereof, less Option Shares previously exercised.
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Exercisable Option Shares means the shares of Common Stock that, at the time that Redemption Notice or Repurchase Notice is delivered (as applicable), could be purchased by the Management Stockholder upon exercise of his or her outstanding and exercisable Options. “Fair Market Value” shall mean the fair market value of the Common Stock on any given date, as determined reasonably and in good faith by the Board after consultation with the Chief Executive Officer of the Company. “Good Reason” shall mean “Good Reason” as such term may be defined in any employment agreement or change-in-control agreement in effect at the time of termination of employment between the Management Stockholder and the Company or any of its subsidiaries or Affiliates, or, if there is no such employment or change-in-control agreement, “Good Reason” shall mean (i) (A) a reduction in the Management Stockholder’s base salary (other than a general reduction in base salary that affects all similarly situated employees (defined as all employees within the same pay grade as that of the Management Stockholder) in substantially the same proportions that the Board implements in good faith after consultation with the Chief Executive Officer and Chief Operating Officer of the Company); (B) a reduction in the Management Stockholder’s annual incentive compensation opportunity; or (C) the reduction of benefits payable to the Management Stockholder under the Company’s Supplemental Executive Retirement Plan (if the Management Stockholder is a participant in such plan), in each case other than any isolated, insubstantial and inadvertent
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Exercisable Option Shares shall have the meaning set forth in Section 6(b)(B) hereof.
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Exercisable Option Shares means the Ordinary Shares which, at the time of determination of the Option Excess Price, could be purchased by the Purchaser upon exercise of his or her outstanding Options.
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Exercisable Option Shares with respect to any Option shall mean the shares of Common Stock which, at the time of determination of the Option Excess Price, could be purchased by the Management Stockholder upon exercise of such Option (after giving effect to any required accelerated vesting of such Option). If the Option Excess Price with respect to any Option is zero or a negative number, such Option, whether or not then exercisable, shall be automatically terminated without payment of any amount upon the exercise of any put or call right pursuant to Section 5 or 6 with respect to any Stock arising from an event which also gives rise to a put or call right with respect to such Option; provided, however, that, upon the occurrence of any Section 6(c) Call Event, any exercisable Old Option not repurchased pursuant to Section 6 shall remain exercisable until the expiration or termination of such Old Option pursuant to the terms thereof.
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Exercisable Option Shares means, at any time, the aggregate number of shares of Class B Stock that are at such time (a) SBC Domestic Option Shares and (b) SBC Warburg Option Shares.
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Related to Exercisable Option Shares

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

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

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

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

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

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

  • 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.

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

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Unit Shares means the Common Shares comprising part of the Units;

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

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

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2024-1 Vehicle for which the related 2024-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Parent Stock Option means any option to purchase Parent Common Stock.

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • 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.

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

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

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.