Exchange Program Definition Example with 13 Variations

This page contains an example definition of Exchange Program, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Exchange Program. A program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased. The Administrator will... determine the terms and conditions of any Exchange Program in its sole discretion View More
Found in RingCentral Inc contract

Variations

Exchange Program. A a program under which (i) outstanding Awards Options are surrendered or cancelled in exchange for Awards Options of the same type (which may have lower or higher or lower exercise prices and different terms), Awards Options of a different type, and/or cash, and/or (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award Option is ... class="diff-color-red">reduced or increased. reduced. The Administrator will determine the terms and conditions of any Exchange Program shall be determined by the Administrator in its sole discretion View More
Found in 2 Contracts from 2 Companies
Exchange Program. A a program under which (i) outstanding Awards Options and/or Stock Purchase Rights are surrendered or cancelled in exchange for Awards awards of the same type (which may have higher or lower exercise prices and different terms), Awards awards of a different type, and/or cash, (ii) Participants Optionees would have the opportunity to transfer any outstanding Awards Options and Stock Purchase Rights to a financial institution or other person or entity selected by the Administrator, and/or (iii)... the exercise price of an outstanding Award award is reduced increased or increased. reduced. The Administrator will determine the terms and conditions of any Option Exchange Program in its sole discretion View More
Found in PACIFIC BIOSCIENCES OF CALIFORNIA, INC. contract
Exchange Program. A a program under which (i) (a) outstanding Awards are surrendered or cancelled in exchange for Awards awards of the same type (which may have higher or lower exercise prices and different terms), Awards awards of a different type, and/or cash, (ii) (b) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) (c) the exercise price of an outstanding Award is reduced or increased.... The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion discretion. View More
Found in 2 Contracts from 2 Companies
Exchange Program. A a program under which (i) (a) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) (b) the exercise price of an outstanding Award is reduced or increased. reduced. The ... class="diff-color-red">Administrator will determine the terms and conditions of any Exchange Program will be determined by the Administrator in its sole discretion View More
Found in Vuzix Corp contract
Exchange Program. A a program under which (i) outstanding Awards Options and/or Stock Purchase Rights are surrendered or cancelled in exchange for Awards awards of the same type (which may have higher or lower exercise prices and different terms), Awards awards of a different type, and/or cash, (ii) Participants Optionees would have the opportunity to transfer any outstanding Awards Options and Stock Purchase Rights to a financial institution or other person or entity selected by the Administrator, and/or (iii)... the exercise price of an outstanding Award award is reduced or increased. The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion increased View More
Found in Telenav, Inc. contract
Exchange Program. A a program under which (i) outstanding Awards Options are surrendered or cancelled in exchange for Awards awards of the same type (which may have higher or lower exercise prices and different terms), Awards awards of a different type, and/or cash, (ii) Participants Optionees would have the opportunity to transfer any outstanding Awards Options to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award Option is... reduced or increased. The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion discretion. View More
Found in Telenav, Inc. contract
Exchange Program. A shall mean a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, and/or (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased. reduced.... The Administrator will determine the terms and conditions of any Exchange Program will be determined by the Administrator in its sole discretion discretion. View More
Found in LRAD Corp contract
Exchange Program. A means a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, and/or (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased. reduced. The ... class="diff-color-red">Administrator will determine the terms and conditions of any Exchange Program will be determined by the Administrator in its sole discretion discretion. View More
Found in Inspyr Therapeutics, Inc. contract
Exchange Program. A a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have lower or higher or lower exercise prices and different terms), Awards of a different type, and/or cash, and/or (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, Administrator and/or (iii) the exercise price of an outstanding Award is reduced or... increased. The Administrator will determine the terms and conditions of any Exchange Program will be determined by the Administrator in its sole discretion View More
Found in Freedom Acquisition I Corp. contract
Exchange Program. A a program under which (i) (a) outstanding Awards Options are surrendered or cancelled in exchange for Awards Options of the same type (which may have higher or lower exercise prices and different terms), Awards Options of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) (b) the exercise price of an outstanding Award Option is reduced or... increased. reduced. The Administrator will determine the terms and conditions of any Exchange Program will be determined by the Administrator in its sole discretion View More
Found in 4 Contracts from 3 Companies
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