Class A Option definition

Class A Option means an option to purchase a number of shares -------------- of Common Stock, as specified in an option agreement, identified as a "Class A Option," which shall be subject to the exercise and termination provisions set forth in Section 8(a) hereof.
Class A Option means an Option evidenced by a Class A Option Agreement.
Class A Option means an option to purchase one or more shares of Class A Common Stock that is issued pursuant to an Iridium Benefit Plan.

Examples of Class A Option in a sentence

  • The Option also entitles the Optionee to purchase 1,556 shares of the Company's Class B Common Stock at a price equal to $100.00 per share (the "Class B Option Exercise Price" and, collectively with the Class A Option Exercise Price, the "Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class B Common Stock as of the Effective Date.

  • Accordingly, and notwithstanding the foregoing, if required, the exercise price of a Sulliden Class A Option or a SpinCo Option, as the case may be, will be increased such that the aggregate of the In-The-Money Amount of the Sulliden Class A Option and the In-The-MoneyAmount of the SpinCo Option immediately after the exchange does not exceed the In-The-Money Amount of the Sulliden Option immediately before the exchange.

  • The term to expiry, conditions to and manner of exercising, and all other terms and conditions of a Sulliden Class A Option or a SpinCo Option, will be the same as the Sulliden Option for which it is exchanged and any document evidencing a Sulliden Option shall thereafter evidence and be deemed to evidence such Sulliden Class A Option or SpinCo Option, as the case may be.

  • No Assignment of Shares in violation of this Agreement or the Class A Option or Class B Option shall be valid or effective, and neither the Company nor the Members shall recognize the same for the purpose of making allocations or Distributions.

  • The Class C Option Shares, together with the Class B Option Shares and the Class A Option Shares are collectively referred to herein as the "Option Shares".

  • Any deductions for compensation associated with the grant or exercise of a Class A Option, or the payments under Section 15.4, shall be allocated solely to the Management Company and without regard to the provisions of Sections 10.1 and 10.2 hereof.

  • Following the Effective Time, each Class A Optionholder shall cease to have any rights with respect to his or her Class A Options, except the right to receive the applicable Class A Option Merger Consideration for each Class A Option to be paid hereunder.

  • Upon the Management Company’s issuance of a Class A Option, the Management Company shall be granted a corresponding Operating Company Option.

  • The obligations of PM under this Agreement are subject to the satisfaction of the conditions set forth in Article VIII of the Class A Option Agreement and the obligations of the Ligg▇▇▇ ▇▇▇ties under this Agreement are subject to the satisfaction of the conditions set forth in Article VII of the Class A Option Agreement.

  • The Company Class A Option Value with respect to each Company Stock Option shall be paid as follows: $14.50 of the Company Class A Option Value shall be paid in cash and the remainder of the Company Class A Option Value shall be paid in shares of Parent Common Stock.


More Definitions of Class A Option

Class A Option means the Class A Option to purchase shares of Common Stock granted to the Optionee pursuant to this Option Agreement and described in Section 2(a) below.
Class A Option means an option to acquire Class A Common Stock that is outstanding and unexercised immediately prior to the Effective Time.
Class A Option shall have the meaning set forth in Section 2.1.
Class A Option means an option to purchase a number of shares of

Related to Class A Option

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to Exercise the Option.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;