Examples of Remaining Stock Options in a sentence
In this case, the Remaining Stock Options shall be cancelled and the Restructured Company shall issue new stock options.
Notwithstanding the foregoing, in the event of Executive’s death prior to the Scheduled Expiration Date, all Continuing Stock Options shall vest on the date of Executive’s death and all Remaining Stock Options shall be exercisable for the period following Executive’s death determined under such Original Stock Option Award Documents on the same basis as though Executive was employed on the date of Executive’s death and regardless of when the Stock Option Termination Date would otherwise have occurred.
All of Executive’s Remaining Stock Options that were vested and exercisable at the Termination Date shall remain exercisable until the Stock Option Termination Date.
Except as otherwise expressly provided herein, all of the Remaining Stock Options shall continue to be subject to the Original Stock Option Award Documents.
However, any provisions in the Original Stock Option Award Documents relating to disability or change in control of the Company after the Termination Date shall not be operative with respect to any Remaining Stock Options.
The parties acknowledge and agree that to the extent that this Paragraph 5 affects any of the terms and conditions of Executive’s Remaining Stock Options or Continuing Stock Units, this Agreement shall constitute an amendment of the Original Stock Option Award Documents and Original RSU Award Documents as they pertain to Executive.
In such case, Remaining Stock Options are extinguished and the Restructured Company issues new stock acquisition rights.
Number of the stock acquisition rights granted by the Restructured Company The Restructured Company shall grant to each Recipient of Remaining Stock Options stock acquisition rights for shares equal in number to the Stock Options held by the Recipient.
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Number of stock options of the Restructured Company to be granted The same number of stock options as the Remaining Stock Options held by each Stock Options Holder.