Exchange Program Definition Example

This example Exchange Program definition appears in 2 contracts from 2 companies

Exchange Program. 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) the exercise price of an outstanding Award is reduced. The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion.
EYEONICS INC Contracts

limited range of vision (Filed With SEC on October 9, 2007)

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