In-the-Money Option means each Company Stock Option that has a per share exercise price that is less than the Cash Amount.
In-the-Money Option is defined in Section 2.8(a) of the Agreement.
In-the-Money Option has the meaning set forth in Section 2.3(a).
Examples of In-the-Money Option in a sentence
Each Company Stock Option, whether vested or unvested, that is outstanding immediately prior to the Effective Time and that is an In-the-Money Option shall, as of the Effective Time, become fully vested.
More Definitions of In-the-Money Option
In-the-Money Option. – means a call Option with an Exercise Price that is less than the Market Price of the Underlying Interest or a put Option where the Exercise Price exceeds the Market Price of the Underlying Interest.
In-the-Money Option means a Company Option that has an exercise price per Company Share that is less than the Consideration per Company Share.
In-the-Money Option means a Company Option in respect of which the In-the-Money Amount, determined as of the last Business Day immediately preceding the Effective Date, is a positive amount;
In-the-Money Option means a Company Option that is unexpired, unexercised and outstanding immediately prior to the Effective Time and has a per share exercise price for the Company Common Stock subject to such Company Option that is less than the Price Per Share.
In-the-Money Option means each Company Stock Option that is not an Out-of-the-Money Option.
In-the-Money Option is defined in Section 3.8(a) of this Agreement.
In-the-Money Option means each Company Option which has a per share exercise price that is less than the Cash Amount.