Common use of Subsequent Acquisitions upon Exercise of Stock Options Clause in Contracts

Subsequent Acquisitions upon Exercise of Stock Options. Upon the acquisition by the Employee of Common Stock following the date of this Agreement upon the exercise of additional stock options held by the Employee, the shares of Common Stock acquired upon such exercise shall be deemed to be “Shares” for purposes of the substantive provisions of this Agreement. In such event an appropriate notation shall be made by the Company to the signature page hereof to reflect such increased number.

Appears in 1 contract

Sources: Employee Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.)

Subsequent Acquisitions upon Exercise of Stock Options. Upon the acquisition by the Employee of Common Stock following the date of this Agreement upon the exercise of additional stock options held by the Employee, the shares of Common Stock acquired upon such exercise shall exercise, as the case may be, shall, except as expressly set forth herein, be deemed to be “Shares” for purposes of the substantive provisions of this Agreement. In Agreement (such event an appropriate notation shall be made by Shares, the Company to the signature page hereof to reflect such increased number“Option Shares”).

Appears in 1 contract

Sources: Employee Stock Subscription Agreement (SiteOne Landscape Supply, Inc.)