Aggregate Exercise Price Milestone 2
Aggregate Exercise Price Milestone 2. Shall mean the aggregate per share exercise price of any Out-of-the-Money Options held by a Participant as of the Effective Date that would have an exercise price less than the sum of (i) (x) the Cash Amount plus (y) any payment per share resulting from Bonus Pool Amount Milestone #1 plus (z) any payment per share resulting from Bonus Pool Amount Milestone #2 less (ii) the aggregate per share exercise price of any Out-of-the-Money Options held by a Participant as of the Effective Date included...
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DURECT CORP contract