Existing Option definition

Existing Option means an option grant made under the Existing Option Plan;

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Existing Option means each award of share options that has been granted under the Rowan Stock Plans that is outstanding and unexercised immediately prior to the Effective Time.

Existing Option means an option to purchase one SVS granted under the Stock Option Plan that is outstanding immediately before the Effective Time;

Examples of Existing Option in a sentence

This Agreement replaces and supersedes the Existing Option Agreement in its entirety.
This Agreement, together with the RSU Agreement and each Existing Option Agreement, contains the sole and entire agreement and understanding of the parties with respect to the entire subject matter of this Agreement, and any and all prior agreements, discussions, negotiations, commitments and understandings, whether oral or otherwise, related to the subject matter of this Agreement are hereby merged herein.
The Option Payment for all shares subject to an Existing Option shall be paid in one lump sum within 30 days following the occurrence of the last event that entitles you to receive the Option Payment.
Until Executive elects to cancel his Existing Option (if he elects to do so at all), such Existing Option shall continue to be governed by the terms of the applicable plan and stock option agreement under which the Existing Option was awarded to Executive (collectively, the "Existing Stock Option Agreement").
Each of Lender and Kreos Capital III Limited hereby waives any right to notice it may have under the Existing Option with respect to the Acquisition and each of Lender and Kreos Capital III Limited hereby releases and forever discharges Borrower, its parent, subsidiaries, affiliates and agents from any and all claims, demands, liabilities and obligations of any kind, known or unknown, arising under or related to the Existing Option.

Existing Option shall have the meaning set forth in the third "whereas" paragraph.

Existing Option means an option grant made under the 2016 Option Plan or Existing Omnibus Plan or previous Share Compensation Arrangement;

Existing Option means an option grant made under the Predecessor Option Plan or Share Compensation Arrangement;

Existing Option is defined in Section 2.8(a).

Existing Option means the Exercised Option that came into effect as a result of Meridian giving the Option 4 Notice to NZAS.

Existing Option means an option or any other rights to acquire or receive Shares granted under any share incentive scheme (including the employee share option scheme adopted by the Company in 2018), that remains capable of exercise, or in the case of options or rights that do not require exercise, remains capable of satisfaction;