Option Exchange Program

Example Definitions of "Option Exchange Program"
Option Exchange Program. A program approved by the Administrator whereby outstanding Options are exchanged for Options with a lower exercise price or are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock
Found in Facebook contract
Option Exchange Program. A program approved by the Administrator whereby outstanding Options (i) are exchanged for Options with a lower exercise price or Restricted Stock or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock
Found in Calyxt, Inc. contract
Option Exchange Program. A program approved by the Administrator whereby outstanding Options (i) are exchanged for Options with a lower exercise price or Restricted Stock or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock
Found in Twitter contract
Option Exchange Program. A program approved by the Administrator whereby outstanding Options (i) are exchanged for Options with a lower exercise price price, Restricted Stock, cash or other property or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock
Found in MECHANICAL TECHNOLOGY INC contract
View Variations (3)
Option Exchange Program. A program under which (i) outstanding Options and Stock Purchase Rights 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) Optionees 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 Option Exchange Program in its sole discretion View More
Found in Fortinet contract
Option Exchange Program. A program under which (i) outstanding Options and and/or Stock Purchase Rights 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) 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, Administrator, and/or (iii) the exercise... price of an outstanding award Option and/or Stock Purchase Right 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 YODLEE INC contract
Option Exchange Program. A program under which approved by the Administrator whereby (i) outstanding Options and Stock Purchase Rights 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) Optionees Participants would have the opportunity to transfer any outstanding awards 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 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 MINDBODY, Inc. contract
View Variations (2)
Option Exchange Program. A program whereby outstanding Options are exchanged for Options with a lower exercise price
Found in iRobot Corporation contract
Option Exchange Program. A Means a program whereby outstanding Options are exchanged for Options with a lower exercise price price.
Found in Ancestry.com Inc. contract
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Option Exchange Program. A program approved by the Administrator, or the shareholders of the Company if required under Applicable Laws, whereby outstanding Options (i) are exchanged for Options with a lower exercise price, Restricted Stock, Stock Grants, cash or other property or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value, in each case to the extent permitted by Applicable Laws
Found in RespireRx Pharmaceuticals Inc. contract
Option Exchange Program. A program approved by the Administrator, or the shareholders of the Company if required under Applicable Laws, whereby outstanding Options (i) are exchanged for Options with a lower exercise price, Restricted Stock, Stock Grants, Appreciation Rights, Phantom Stock, cash or other property or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value, in each case to the extent permitted by Applicable Laws
Found in RespireRx Pharmaceuticals Inc. contract
View Variation
Option Exchange Program. A program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price
Found in QUICKLOGIC CORPORATION contract
Option Exchange Program. A Means a program whereby outstanding Options options are surrendered in exchange for Options options with a lower exercise price price.
Found in POLYCOM INC contract
Option Exchange Program. A Means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price price.
Found in Cartesian, Inc. contract
Option Exchange Program. A Means a program whereby outstanding Options options are surrendered in exchange for Options options with a lower exercise price price.
Found in ADVENT SOFTWARE INC contract
View Variation
Option Exchange Program. A plan under which outstanding options are surrendered in exchange for options with a lower exercise price
Found in ELECTRO RENT CORP contract
Option Exchange Program. A program under which outstanding Options are surrendered or cancelled in exchange for new Options (which may have lower exercise prices and different terms), Stock Purchase Rights, and/or cash. The terms and conditions of any Option Exchange Program will be determined by the Administrator in its sole discretion
Found in UNITED ONLINE INC contract
Option Exchange Program. A program whereby outstanding Options or SARs are surrendered in exchange for Options or SARs with a lower exercise price
Found in ECHELON CORP contract
Option Exchange Program. A program approved by the Administrator whereby outstanding Options are exchanged for Options with a lower exercise price, Restricted Stock or Restricted Stock Units
Found in CALIX, INC contract
Option Exchange Program. A program approved by the Administrator whereby outstanding Options are exchanged for Options with a lower exercise price
Found in CALIX, INC contract
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