Option Exchange Program
Option Exchange Program. Means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price. 2
Found in
IVILLAGE INC contract
Option Exchange Program. Means 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
Hoku Corp contract
Option Exchange Program. A program under which (i) outstanding Options are surrendered or cancelled in exchange for Options of the same type (which may have higher or lower exercise prices and different terms), Restricted Stock, and/or cash, (ii) Optionees would have the opportunity to transfer any outstanding Options to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Option is reduced. The Administrator will determine the terms and...
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Found in
CYOPTICS INC contract
Option Exchange Program. Means a program approved by the Administrator whereby outstanding Options (i) are exchanged for Options with a lower exercise 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.
Found in
MNTN, Inc. contract
Option Exchange Program. Means any program approved by the Administrator whereby outstanding Options are exchanged for Options with a lower exercise price, including a program in which the only change made to such Awards is to lower the exercise price.
Found in
Arista Power, 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, 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
Option Exchange Program. Means a program in which outstanding Options are surrendered in exchange for Options with a lower exercise price.
Found in
Wynn Resorts Ltd contract
Option Exchange Program. Means a program whereby outstanding Options are surrendered in exchange for (i) Options with a lower exercise price or (ii) other Options, Stock Purchase Rights or cash.
Found in
LECG CORP contract
Option Exchange Program. Means a program whereby outstanding Options are exchanged for Options with a lower exercise price. Page 2 3
Found in
BINDVIEW DEVELOPMENT CORP contract
Option Exchange Program. A program whereby outstanding ----------------------- Options are surrendered in exchange for new Options.
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Found in
THERASENSE INC contract