Examples of HoldCo Options in a sentence
Future options, if any, you may receive from HoldCo will be governed by the terms of the HoldCo stock option plan under which such options are granted, and such terms may be different from the terms of your HoldCo Option(s), including, but not limited to, the time period in which you have to exercise vested options after your termination of service.
To exercise your HoldCo Option(s), you must notify HoldCo by completing a “Notice of Exercise of Stock Option” in a form approved by HoldCo and filing it with the Human Resources Department of HoldCo. Any notice of exercise must specify how many shares of HoldCo common stock you wish to purchase and how such shares should be registered.
The exercise price per share of your HoldCo Option(s) was determined by (i) dividing the exercise price per share of common stock at which your outstanding CPP Option(s) was exercisable immediately prior to the Closing Date by (ii) the Option Exchange Ratio, and rounding the resulting quotient up to the next whole cent.
Upon termination of your service with HoldCo or any present or future HoldCo subsidiary, you will have the applicable limited post-termination exercise period specified in your Option Agreement(s) for your HoldCo Option(s) to the extent outstanding at the time of termination after which time your HoldCo Option(s) will expire and NOT be exercisable for HoldCo common stock.
The shares of HoldCo Common Stock issued in accordance with the Transfers and issuable upon exercise of the HoldCo Options shall have been authorized for listing on the NASDAQ National Market or the New York Stock Exchange, subject to official notice of issuance.
HoldCo has reserved an aggregate of 1,768,865 shares of HoldCo Common Stock for issuance pursuant to the HoldCo Stock Plans (including shares subject to outstanding HoldCo Options).
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The HoldCo Options are granted at the discretion by the board of HoldCo and applies to all Executives including Mr Goh Leng Tse and Mr Pung Tong Seng, and are based on their performance.
A total of 1,727,209 shares of HoldCo Common Stock are subject to outstanding HoldCo Options as of the Agreement Date and as of the Closing Date, except for HoldCo Options outstanding as of the Agreement Date that are exercised in accordance with their terms prior to the Closing Date.