Purchased Option Shares definition

Purchased Option Shares means, as of the relevant time of reference thereto, those Option Shares that have been purchased by the Optionee at such time or at any time prior thereto in accordance with the provisions of Section 5 hereof.
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Purchased Option Shares means (a) the Option Shares purchased by the Holder hereunder, (b) any shares of Series C Common Stock issued upon conversion of any Purchased Option Shares and (c) any shares of capital stock of the Company issued as a dividend or other distribution with respect to or in replacement of other Purchased Option Shares (including, but not limited to, any shares of capital stock of the Company issued in connection with a stock dividend, stock split, reverse stock split or similar event).
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Purchased Option Shares has the meaning set forth in Section 3.2 hereof. "Representative" means the executor(s) or administrator(s) of the Holder's estate or, if the Holder is incompetent, the Holder's guardian(s).
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Examples of Purchased Option Shares in a sentence

  • Except as expressly provided by the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the issuance of Purchased Option Shares and the delivery of any certificate or certificates for such shares or completion of such other required issuance, transfer and depository procedures.

  • Except as expressly set forth herein, the Holder shall not dispose of the Stock Option and rights and privileges set forth herein, the Option Shares and the Purchased Option Shares without the prior written consent of the Company.

  • The preceding sentence will not apply to pledges of Purchased Option Shares (but will apply to any transfers occurring upon the exercise of rights of a pledgee).

  • Any vested but unexercised portion of this option remaining at the expiration of the Termination Exercise Period shall terminate in full and be of no further force or effect, provided that this Agreement shall continue to apply to all Option Shares which, at the end of such period, are Purchased Option Shares.

  • The Company may exercise its right to purchase on or after the date that the Optionee exercises the Option, whether through a single purchase of all Purchased Option Shares or through multiple purchases of Purchased Option Shares completed on different dates.

  • The Purchase Notice will describe the nature and amount of the applicable Purchased Option Shares with respect to which the Company is obligated or exercising its right to purchase (the “Subject Shares”).

  • Each holder (each an "Executive" and collectively, the "Executives") of the options granted under the Performance Option Plan shall exercise (the "Executive Option Exercise") the options granted under the Performance Option Plan to purchase the number of Shares set forth opposite his name on Annex II under the heading "Purchased Option Shares" prior to the -------- Effective Time.

  • If the Optionee’s Service is terminated as a result of a Removal for Cause, then this Option, whether or not vested, shall terminate in its entirety on the Termination Date and be of no further force or effect, provided that this Agreement shall continue to apply to all Option Shares which, on the Termination Date, are Purchased Option Shares.

  • Except as expressly provided by the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the issuance of Purchased Option Shares and the delivery of any certificate or certificates for such shares.

  • The Optionee will provide the Company with written notice of any potential transfer of any Purchased Option Shares, specifying the terms of the potential transfer, at least thirty (30) days prior to the completion of the potential transfer.


More Definitions of Purchased Option Shares

Purchased Option Shares has the meaning set forth in Section 3.2 hereof.
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Purchased Option Shares means Option Shares that have been purchased by the Holder or a Permitted Transferee.
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Related to Purchased Option Shares

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

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Sold Shares shall have the meaning specified in Section 6.

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

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Purchase Shares has the meaning set forth in Section 2.5(c).

  • 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.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

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

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

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

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • 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.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).