Existing Option Plan definition

Existing Option Plan means the option plan of the Company in place at the Date of Adoption providing for options over 12,136,364 Ordinary Shares;

Existing Option Plan means the fixed stock option plan of the Corporation, which was last approved by shareholders of the Corporation on August 27, 2021;

Existing Option Plan means the Golden Reign Resources Ltd. 2017 Stock Option Plan, including any amendments or supplements thereto made after the effective date thereof;

Examples of Existing Option Plan in a sentence

• PARTICULARS OF OTHER MATTERS TO BE ACTED UPON Reconfirmation of the Existing Option Plan At the Meeting, shareholders will be asked to pass a resolution re-confirming the Corporation’s existing Stock Option Plan dated May 3, 2004, as amended and restated June 1, 2007 (the “Option Plan”) as set out below.

• The maximum number of Shares that are issuable to Insiders, within any 12 month period, pursuant to Awards granted under the Plan, or when combined with all of the Corporation’s other Share Compensation Arrangement (including the Existing Option Plan), cannot exceed ten percent (10%) of the Corporation’s total issued and outstanding Shares.

• The maximum number of Shares that are issuable pursuant to all Awards granted under the Plan, or when combined with all the Corporation’s other Share Compensation Arrangement (including the Existing Option Plan), granted or issued in any 12 month period to any one Person, cannot exceed five percent (5%) of the Outstanding Issue as of the date of grant or issue, unless the requisite disinterested shareholder approval has been obtained by the Corporation in accordance with the policies of the Exchanges.

• Stock options (“Options” and together with the Share Units, “Awards”) granted under the Existing Option Plan will remain outstanding and be governed by the terms of the Omnibus Plan if the Omnibus Plan is approved by the Shareholders of the Corporation.

• Options granted under the Existing Option Plan will remain outstanding and be governed by the terms of the Omnibus Plan if the Omnibus Plan is approved by the shareholders of the Company.

More Definitions of Existing Option Plan

Existing Option Plan means the RPS Realty Trust 1989 Employees' Stock Option Plan, as amended from time to time.

Existing Option Plan means the Corporation’s incentive stock option plan established on August 31, 2015;

Existing Option Plan means the Marimaca Copper Corp. Stock Option Plan adopted by the shareholders on June 29, 2010 and last approved by the shareholders on June 27, 2018, including any amendments or supplements thereto made after the effective date thereof;

Existing Option Plan means the Victoria Gold Corp. Stock Option Plan first implemented July 15, 2003, including any amendments or supplements thereto made after the effective date thereof;

Existing Option Plan shall have the meaning ascribed to it in Section -------------------- 2.6.

Existing Option Plan means the Great Panther Silver Limited Amended and Restated Stock Option Plan 2016, including any amendments or supplements thereto made after the effective date thereof;

Existing Option Plan means the stock option plan of the Corporation dated November 10, 2009.