Substitute Awards

Example Definitions of "Substitute Awards"
Substitute Awards. Means Awards granted upon assumption of, or in substitution for, outstanding awards previously granted by a company or other entity acquired by the Company or any Affiliate or with which the Company or any Affiliate combines.
Found in Bonanza Creek Energy, Inc. contract
Substitute Awards. Awards granted or Shares issued by the Company in assumption of, or in substitution or exchange for, options or other awards previously granted, or the right or obligation to grant future options or other awards, by a company acquired by the Company and/or an Affiliate or with which the Company and/or an Affiliate combines, or otherwise in connection with any merger, consolidation, acquisition of property or stock, or reorganization involving the Company or an Affiliate, including a transaction... described in Code Section 424(a). View More
Found in Amag Pharmaceuticals contract
Substitute Awards. An Award granted under the Plan upon the assumption of, or in substitution for, outstanding equity awards previously granted by a company or other entity in connection with a corporate transaction, such as a merger, combination, consolidation or acquisition of property or stock; provided, however, that in no event shall the term "Substitute Award" be construed to refer to an award made in connection with the cancellation and repricing of an option or stock appreciation right.
Found in Kyndryl Holdings, Inc. contract
Substitute Awards. The meaning given to such term in Section 6(e) of the Plan, and shall include any Substitute IPO Awards.
Found in Snap One Holdings Corp. contract
Substitute Awards. Means Awards that the Company will grant under the Plan in substitution of awards that were granted by Fulgent Therapeutics LLC.
Found in Fulgent Genetics, Inc. contract
Substitute Awards. Awards granted in assumption of, or in substitution or exchange for, outstanding awards previously granted by an entity acquired by the Company or with which the Company combines. Any such assumption, substitution or exchange shall occur in compliance with the requirements of Section 409A (to the extent applicable thereto), including without limitation, with respect to Options and SARs, the requirements of Treasury Regulation ยง1.409A-1(b)(5)(v)(D).
Found in L3Harris Technologies contract
Substitute Awards. Awards that are granted in assumption of, or in substitution or exchange for, outstanding awards previously granted by an entity acquired directly or indirectly by the Company or with which the Company directly or indirectly combines
Found in Teradata contract
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