Old Option definition

Old Option means an Option released in exchange for a New Option under Rule 9,
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Old Option means the stock option previously granted by Holding to the Employee to acquire the number of shares of Common Stock identified on Appendix A hereto as subject to options with an exercise price of $13.00 per share, as listed under the caption "Options Outstanding".
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Old Option means an Option released pursuant to Rule 10.4.
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Examples of Old Option in a sentence

  • In the event the Merger does not occur, the Old Option shall continue in effect in accordance with its terms.

  • This option is granted in substitution for the Old Option, and it is granted pursuant to and is subject to the MF Acquisition Corporation 2004 Rollover Stock Option Plan (the “Plan”).

  • As a result, you may not receive as much, or any, benefit from your New Option as you would have received if you had retained your Old Option.

  • The termination of the Old Option will take effect immediately prior to the Merger and the grant of this stock option shall be conditioned and effective upon the occurrence of the Merger.

  • The material terms of the Old Option (which is attached hereto as Exhibit A) are deemed incorporated into this Option except with respect to the exercise price and the number and kind of shares which have been adjusted, or as otherwise expressly provided herein or in the Investors Agreement.

  • The grant of the New Options are (and the grant of the Old Option was) exempt from the provisions of Section 16(b) of the Securities Exchange Act of 1934 pursuant to the provisions of Rule 16b-3, all of the requirements of which have been satisfied.

  • It shall be a term of any option that if any Person acquires a Controlling Interest in Inc in a transaction in which employee options are assumed or options of the acquiror are substituted for outstanding employee options, Inc shall have the right to require the optionholder to release his option in Inc ("the Old Option") on the grant to him of an option in the acquiring company which is equivalent to the Old Option.

  • The Board shall notify the Executive as soon as reasonably practicable following the Exchange of the release of the Old Option and the grant of the New Option.

  • The Parent Option shall constitute an option to acquire such number of shares of Parent Common Stock as is equal to the number of Company Shares subject to the unexercised portion of the Old Option multiplied by the Common Conversion Ratio (with any fraction resulting from such multiplication to be rounded to the nearest whole number, and with 0.5 shares rounded upward to the nearest whole number).

  • If Executive's employment is terminated by Employer without "Cause" (defined below) between the Commencement Date and August 25, 2003, any unvested Old Options as of the Date of Termination (defined below) which would have vested at the next Old Option Vesting Date shall vest in the proportion that the number of completed months in the current Contract Year bears to the full Contract Year; provided, however, that if the Date of Termination is after June 23, 2003, all Old Options shall vest.


More Definitions of Old Option

Old Option means all options, rights and option agreements dated on or before September 3, 1998 between Corporation and Employee under which Employee has the right to purchase shares of Corporation Common Stock from the Corporation at a stated exercise price per share (collectively, the "Old Options"). Without limiting the generality of the foregoing sentence, attached hereto as Exhibit A is a description of the Old Options. Notwithstanding the attachment of Exhibit A, it is the intention of the parties hereto that this Agreement shall terminate all options, rights and option agreements dated on or before September 3, 1998 between Corporation and Employee under which Employee has the right to purchase shares of Corporation Common Stock from the Corporation at a stated exercise price per share, whether or not such options, warrants or agreements are listed on Exhibit A.
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Old Option means an option to purchase Common Stock issued under the Company’s 1999 Amended and Restated Stock Option Plan or the Company’s Stock Option Plan for Non-Employee Directors that is outstanding as of August 2, 2001.
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Old Option means an option to purchase Common Stock issued under the Company's 1999 Amended and Restated Stock Option Plan or the Company's Stock Option Plan for Non-Employee Directors that is outstanding as of August 2, 2001.
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Old Option means all options, rights and option agreements dated on or before September 3, 1998 between Corporation and Director under which Director has the right to purchase shares of Corporation Common Stock from the Corporation at a stated exercise price per share (collectively, the "Old Options"). Without limiting the generality of the foregoing sentence, attached hereto as Exhibit A is a
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Old Option has the meaning given in Clause 7.1;
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Related to Old Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

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

  • 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.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Vested Options means the Options that have vested in accordance with Section 1.3 of this Agreement.