New Option definition

New Option means an option granted by way of exchange under Rule 9.1;
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New Option has the meaning set forth in Section 3.3.
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New Option means an option to purchase a Common Share granted under the New Option Plan.
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Examples of New Option in a sentence

  • A New Option not exercised before the Expiry Date will automatically lapse on the Expiry Date.

  • A New Option does not confer the right to a change in Exercise Price or a change in the number of underlying securities over which the New Option can be exercised.

  • The New Options may be exercised during the Exercise Period by notice in writing to the Company in the manner specified on the New Option certificate (Notice of Exercise) and payment of the Exercise Price for each New Option being exercised in Australian currency by electronic funds transfer or other means of payment acceptable to the Company.

  • A Notice of Exercise is only effective on and from the later of the date of receipt of the Notice of Exercise and the date of receipt of the payment of the Exercise Price for each New Option being exercised in cleared funds (Exercise Date).

  • Each New Option entitles the holder to subscribe for one Share upon exercise of the New Option.


More Definitions of New Option

New Option means an Option granted on or after July 1, 2000.
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New Option has the meaning assigned in Section 3.10(a).
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New Option means an option granted over New Shares under Rule 9,
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New Option means a New Option to subscribe for a Share at the Exercise Price prior to the Expiry Date in the manner set out in these Terms and Conditions.
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New Option means an option to acquire shares in an Acquiring Company (or another body corporate determined by the Acquiring Company), granted in consideration for the release of a subsisting Option, which:
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New Option shall have the meaning specified in Section 7.11.
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New Option shall have the meaning ascribed to it in Section 3.8.
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