Thus, for example, if Optionholder currently holds an Option to purchase 100 Ordinary Shares with a strike price of ä12.20 per Ordinary Share, such Option would be converted into an option to purchase 11,293 eBay Shares with a strike price of ä0.11 per share. The ' Conversion Ratio' means the number determined by dividing: (i) ä2,500,000,000 by (ii) the product of: (A) the Aggregate Outstanding Share Number and (B) Completion Purchaser Share Price (adjusted to the extent appropriate to reflect any stock split, division or subdivision of shares, stock dividend, issuance of bonus shares, reverse stock split, consolidation of shares, reclassification, recapitalization or other similar transaction with respect to eBay Shares).īy way of example only, assuming that the Aggregate Outstanding Share Number is 698,430 (the actual number is likely to be this number) and the Completion Purchaser Share Price is ä31.70 (the actual price will only be known at Completion), the Conversion Ratio would be 112.9. Such Assumed Option will be subject to the terms and conditions set out in Schedule 2 andĮxcept as provided above and as set forth in Schedule 2, the provisions of such Assumed Option will remain the same as the provisions of Optionholder's Option. The per share strike price for the eBay Shares issuable upon exercise of each Assumed Option will be determined by dividing the per share strike price of Ordinary Shares subject to such Option, as in effect immediately prior to Completion, by the Conversion Ratio, and rounding the resulting strike price up to the nearest whole cent

Skype stock option agreement