Option Number definition

Option Number is defined in Section 2.
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Option Number shall initially be the number of shares equal to nineteen and nine-tenths percent (19.9%) of the total number of shares of the Company Common Stock issued and outstanding as of the date of this Agreement, and shall be adjusted hereafter to reflect changes in the Company's capitalization occurring after the date hereof in accordance with Section 9 hereof. Notwithstanding any other provision of this Agreement, in no event shall the Option Number exceed nineteen and nine-tenths percent (19.9%) of the total number of shares of the Company Common Stock issued and outstanding as of the date of this Agreement, adjusted in accordance with Section 9 hereof.
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Option Number means 347,975 Shares, as such number may be adjusted as provided herein.
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Examples of Option Number in a sentence

  • However, if less than one hundred percent (100%) of the Net Proceeds from an Approved Sale of one hundred percent (100%) of the Company's assets is so distributed, the Optionee shall only be entitled on the date of the Distribution to exercise Options with respect to a number of Option Shares equal to the Option Number immediately prior to such Distribution multiplied by the percentage of the Net Proceeds from such Approved Sale that is so distributed by the Company.

  • However, if less than one hundred percent (100%) of the Net Proceeds from an Approved Sale of one hundred percent (100%) of the Company's assets is so distributed, the number of Options that shall expire shall be equal to the amount by which the Option Number immediately prior to such Distribution multiplied by the percentage of the Net Proceeds from such Approved Sale that is so distributed by the Company exceeds the number of Option Shares purchased by the Optionee on the date of such Distribution.

  • The "EXCHANGE RATIO" shall mean the quotient obtained by dividing (x) the Aggregate Parent Share Number by (y) the sum of (A) the Aggregate Company Common Number, plus (B) the Aggregate Company Option Number.

  • Describe Organization’s eligibility for discounted pricing (for example: FQHC, RHC, CCBHC, CMHC, Critical Access Hospital, IHS and HCH Grantee.) Select One Option Number of Users Annual License Fee per Organization Pre-Pay Multiple Years (Optional) If you wish to pre-pay for multiple years up to 5 years, write in the requested term.

  • Common Stock equal to the DSPGI Option Number times a fraction, the numerator of which is the total number of shares of Ceva, Inc.


More Definitions of Option Number

Option Number shall initially be the number of Shares equal to nineteen and nine-tenths percent (19.9%) of the total number of shares of Company Common Stock issued and outstanding as of the date of this Agreement less the number of shares issuable upon full conversion of the Convertible Note, and shall be adjusted hereafter to reflect
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Option Number means 14,285. "Exercised Percentage" means the aggregate number of shares of the "Fully Vested Option" (as defined below) that Executive has acquired by exercising the Fully Vested Option prior to his termination of employment, divided by the Option Number.
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Option Number means all Company Options outstanding immediately prior to the Effective Time, whether or not vested.
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Option Number. <<Option Number>>
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Option Number. “Option Number“ Plan: 2005 Inducement Grant Stock Incentive Plan Employee ID: “IDNumber“ ECLIPSYS CORPORATION Employee ▇▇▇▇ ▇. ▇▇▇▇▇ [address of recipient] Grant Number: _________________ Plan: 2005 Inducement Grant Stock Incentive Plan Employee ID: ______________________
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Option Number. OPTION_NUMBER%-% Grant Date: %%OPTION_DATE,’Month DD, YYYY’%-% Number of Shares: %%TOTAL_SHARES_GRANTED,’999,999,999’%-% Exercise Price: %%OPTION_PRICE,’$999,999,999.99’%-% Expiration Date: %%EXPIRE_DATE_PERIOD1,’Month DD, YYYY’%-% Vesting Schedule: 34%, 33% and 33% on each anniversary of the Grant Date By:
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Option Number shall equal $10,289,480 divided by the Stock Price.
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