Option Merger Consideration definition

Option Merger Consideration has the meaning set forth in Section 3.1(d).

Option Merger Consideration has the meaning set forth in Section 1.5.

Option Merger Consideration. Section 2.1(e) “Other Filings” Section 6.2 “Parent” Preamble

Examples of Option Merger Consideration in a sentence

• The Option Merger Consideration paid with respect to Company Stock Options in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights and privileges pertaining to the canceled Company Stock Options, and on and after the Effective Time the holder of a Company Stock Option shall have no further rights with respect to any Company Stock Option, other than the right to receive the Option Merger Consideration as provided in Section 3.01(d).

• Trilogy hereby agrees that it shall cause the Option Merger Consideration to be paid to the Holder as soon as practicable after the consummation of the Merger (the "Effective Time"), subject to the terms and conditions of this Agreement.

• Immediately prior to the Effective Time, Parent shall deposit with the Exchange Agent (i) the Merger Consideration to be paid in respect of the shares of Company Common Stock and (ii) Option Merger Consideration to be paid with respect to the Company’s outstanding Options as provided for in Section 1.10.

• The Option Merger Consideration paid with respect to Company Share Options in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights and privileges pertaining to the canceled Company Share Options, and on and after the Effective Time the holder of a Company Share Option shall have no further rights with respect to any Company Share Option, other than the right to receive the Option Merger Consideration as provided in Section 3.01(d).

• The Company Common Stock Merger Consideration and the Option Merger Consideration may be paid in RMB to holders of the Company’s Common Stock or Stock Options residing in China.

More Definitions of Option Merger Consideration

Option Merger Consideration means, with respect to any share of Common Stock issuable under a particular Option, an amount equal to the excess, if any, of (A) the Merger Consideration over (B) the exercise price payable in respect of each share of Common Stock issuable under such Option.

Option Merger Consideration. Section 2.1(e) “Other Filings” Section 6.4 “The Company” Preamble “The Company Board” Recitals

Option Merger Consideration has the meaning assigned to such term in the Merger Agreement.

Option Merger Consideration means a number of shares of Tilray Class 2 Common Stock equal to (i) the product of (A) the Privateer Service Provider Options, multiplied by (B) the Option Exchange Ratio, less (ii) the Option Cash Consideration Shares.

Option Merger Consideration is defined in Section 2.4(a).

Option Merger Consideration means the aggregate consideration to which Optionholders become entitled pursuant to Section 1.05(e).

Option Merger Consideration means, with respect to each Company Stock Option issued and outstanding immediately prior to the Effective Time, an amount of shares of Parent Common Stock equal to (i) the product of (A) the number of shares of Company Common Stock subject to such Company Stock Option immediately prior to the Effective Time, and (B) the excess, if any, of the Transaction Value per Share over the exercise price applicable to such shares of Company Common Stock subject to such Company Stock Option, divided by (ii) the Parent VWAP. If the exercise price applicable to shares of Company Common Stock subject to a Company Stock Option is equal to or greater than the Transaction Value per Share, no Option Merger Consideration shall be payable hereunder.