Option Cancellation definition

Option Cancellation has the meaning set forth in Section 1.2.
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Option Cancellation means the cancellation and payment of the Options pursuant to the terms of Section 1.6(d) hereof.
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Option Cancellation means the cancellation and payment of the Options immediately prior to the Closing pursuant to the terms and conditions of Section 2.4 hereof.
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Examples of Option Cancellation in a sentence

  • The Target must use reasonable best efforts to procure that as soon as reasonably practicable, and in any event within 20 Business Days after the date of this deed, each person who is a holder of a Cancellation Option enters into an Option Cancellation Agreement with the Target.

  • Option Cancellation Agreement means in respect of each Cancellation Option, an agreement between the Target and the Cancellation Optionholder under which, subject to the Scheme becoming Effective, the Cancellation Options held by the Cancellation Optionholder are cancelled.

  • Common Share Option Cancellation and Forfeiture Agreement between Jerry Fowden and Cott Corporation, dated August 9, 2010 (incorporated by reference to Exhibit 10.1 to our Form 8-K filed August 10, 2010).

  • Vincent.10.30±~ Stock Option Cancellation Agreement, dated October 17, 2012, by and between Sorrento Therapeutics, Inc.

  • Prior to the end of the Offer Period, each Primero Optionholder (other than the Other Option Holders) still holding Primero Options has accepted the Primero Options Offer and each Primero Optionholder and Primero have executed and delivered to NRW Option Cancellation Deeds.

  • Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.On August 12, 2010, Corrections Corporation of America (the “Company”) entered into a Stock Option Cancellation Agreement (the “Cancellation Agreement”) with John D.

  • Reflects an expense for the payment of cash and shares made in accordance with the Option Cancellation Agreement.

  • On March 31, 2016, the company entered into a Stock Option Cancellation Agreement (“Cancellation Agreement”) with Mr. Norrod, pursuant to which Mr. Norrod agreed to surrender and cancel all of these 1,250,000 stock options.

  • Reflects the reversal of compensation costs recognized during the nine months ended September 30, 2021 related to options settled in the Option Cancellation Agreement.

  • Vincent (incorporated by reference to Exhibit 10.4 to the Registrant’s Quarterly Report on Form 10-Q filed with the SEC on November 8, 2012).10.28±~ Independent Director Compensation Policy10.29±~ Stock Option Cancellation Agreement and Option Amendment, dated September 30, 2012, by and between Sorrento Therapeutics, Inc.


More Definitions of Option Cancellation

Option Cancellation shall have the meaning set forth in the recitals.
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Option Cancellation means the payment by the Borrower of the cancellation price (which shall be acceptable to the Agents) of certain management options issued by AMTROL that are cancelled in connection with the Merger.
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Option Cancellation means the cancellation and payment of the Options pursuant to Section 1.07 hereof.
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Option Cancellation means the process by which all share options issued to certain employees of the Group will be cancelled at or prior to Completion;
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Option Cancellation has the meaning set forth in the Preamble.
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Related to Option Cancellation

  • Cancellation Period means the 90-day period, beginning

  • Cancellation Date means the date on which the written notice of cancellation of a health insurance policy is received by the fund or the last date to which premiums were paid.

  • Cancellation means an end to the Contract affected pursuant to a right which the Contract creates due to a Breach.

  • Cancellation Notice has the meaning given in Clause 8.6;

  • Index Cancellation means in respect of an Index, the Index Sponsor in respect of that Index permanently cancels such Index and no Successor Index is designated.

  • Cancellation Charge has the meaning given to that term in paragraph 5.1 of Part 2; "Core Operational Period" in relation to any part of the Network, means the period of the day when that part is generally open to train movements;

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Cancellation Charges means collectively (i) the Booking Amount; (ii) all interest liabilities of the Allottee accrued till date of cancellation; and (iii) brokerage paid to real estate agent/channel partner/broker, if any (iv) the stipulated charges on account of dishonour of cheque; (v) administrative charges as per Promoter’s policy and (vi) amount of stamp duty and registration charges to be paid/paid on deed of Cancellation of this Agreement

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

  • Redemption Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • Retraction Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Cancellation Fee is an Individual Charge to an Attendee for a reservation cancellation or “no show” or for early and unauthorized check-out. The Contractor may not charge any Cancellation Fee to an Attendee scheduled to participate in that part of a Program terminated pursuant to the termination for cause provision set forth in Exhibit A.

  • Liquidation Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • Cancellation Costs means costs and liabilities incurred in connection with: (a) cancellation of supplier and contractor written orders and agreements entered into to design, construct and install Attachment Facilities, Direct Assignment Facilities and/or Customer-Funded Upgrades, and/or (b) completion of some or all of the required Attachment Facilities, Direct Assignment Facilities and/or Customer-Funded Upgrades, or specific unfinished portions and/or removal of any or all of such facilities which have been installed, to the extent required for the Transmission Provider and/or Transmission Owner(s) to perform their respective obligations under Tariff, Part IV and/or Part VI.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Cancellation Policy Day tour cancellations are accepted by phone, mail, or email to xxxxxxx.xxxxxxxxxx@xxxxxxx.xxx. Refunds will be provided within 30 days from the date of cancellation. The following cancellation penalties apply: Cancellation Penalty* 30 days or more before departure $10 processing fee + non-refundable show ticket cost (if applicable) 29 to 14 days before departure $40 + non-refundable show ticket cost (if applicable) 13 to 1 day before departure or “no shows” 100% of tour price (no refund) *Exceptions: In the event a travel provides his or her own replacement or a replacement traveler can be found, travelers will only be charged a $10.00 processing fee Cancellations for emergency medical reasons (accompanied by a doctor’s note) will be reviewed and exceptions are possible on a case-by-case basis. Bus America will always work with our vendors and passengers to maximize refunds in the case of unexpected medical emergencies. Responsibilities: Bus America reserves the right to make changes to a tour date or a tour itinerary due to unforeseen circumstances. Bus America, an operational division of Group Tours, Inc., acts as an agent in making and securing arrangements for group transportation, accommodations, meals, and activities. Bus America does not own, manage, control, or operate any vehicle, hotel, restaurant, or any other supplier of services. By accepting the program, you agree that neither Bus America nor any of their representatives shall be liable for any loss, injury, or damage to you or your belongings or in connection with any accommodations, transportation, or other services resulting directly or indirectly from any occurrences beyond their control.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • SARS means the South African Revenue Service.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

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

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Involuntary Resettlement Safeguards means the principles and requirements set forth in Chapter V, Appendix 2, and Appendix 4 (as applicable) of the SPS;