Option Package. The version of the Contract selected which defines, among other things, the amount of the mortality and expense risk charge, the calculation of the death benefit, and the availability of certain withdrawals without imposition of a Deferred Sales Charge.
Option Package. 11 1.31 Purchase Payment(s) ......................................... 11 1.32 Reinvestment ................................................ 11 1.33 Schedule Effective Date ..................................... 11 1.34
Option Package. (i) Upon the designation as a Lead Candidate of the first Regeneron Product Directed to each Regeneron Target that is subject to an Intellia Option hereunder, and prior to any interactions or discussions with a Regulatory Authority (e.g., pre-Investigational New Drug Application meeting) with respect to such Regeneron Product, Regeneron shall notify Intellia regarding such designation. Within [***] days after receipt of such notice, Intellia may request, in writing, that Regeneron provide Intellia the Option Package for such Regeneron Target. If Intellia requests the Option Package within such timing, Regeneron shall provide the Option Package for such Regeneron Target to Intellia within [***] days of such request [***]
(ii) Within [***] days after the end of the Option Period, for any Regeneron Targets that are still subject to an Intellia Option, Intellia shall have the right to request an Option Package for such Regeneron Target pursuant to Section 5.2(b)(i) [***]. Regeneron shall deliver to Intellia an Option Package for each Regeneron Target as so requested by Intellia [***], and thereafter Intellia shall have the right to exercise an Intellia Option for any such Regeneron Target in accordance with the provisions of this Section 5.2 [***].
Option Package. 26. In order to encourage the long-term success of the Company, without derogating from the aforesaid in chapter E.2 above and subject to the approval of Company’s Compensation Committee and the Board, and the provisions of the law, the Company shall issue to the Employee an options package (hereinafter" "the Options Package") in accordance with the terms and mechanism set forth in appendix A of the agreement. Without derogating the general provisions aforesaid or the set forth in Annex A, it is agreed that in the case of a merger and/or sale of the Company or its material assets, in whole or in part, with or to a third party (hereinafter: "the Sale Event") the vesting and exercise period set forth in Annex A shall be accelerated and the Employee shall be entitled to immediately exercise all his remaining non-vested options at its exercise price before or after the occurrence of the Sale Event, at the Employees Choice.
Option Package. As compensation for services hereunder and in consideration of the Employee’s other agreements hereunder, during the Employment Term, the Company shall, provided that the Company is satisfied with the performance of the Employee shall furnish the Employee with an option package corresponding to a grant of options to purchase up to 24 million shares of common stock, granted after a minimum of three months and a grant of an additional 6 million shares on each of the first, second and third anniversary dates of commencement of employment (on proviso) that he is still employed as CEO of Mobiclear) The share price used as basis for the calculation of the option package should be the price that is valid at the date of this agreement.
Option Package. 2
1. All bargaining unit members enrolled in Plan B will be responsible for 10% of the premium cost for Plan B dental, vision and LTD products. The teacher's premium contribution will be payroll deducted from the wages of that individual.
2. Option Package 2 - Plan B shall include the following:
a. Dental Plan – same as Option Package 1
b. Vision Plan – same as Option Package 1;
c. Term Life Insurance in the amount of $45,000 – same as Option Package 1
d. Long Term Disability (same as Option Package 1)
e. A cash stipend, in the amount of $300 per month ($310.50 effective July 1, 2013). This amount shall be increased to $350 per month ($362.25 effective July 1, 2013) if 35 or more bargaining unit members enroll and remain in Plan B, to $450 per month ($465.75 effective July 1, 2013) if 40 or more bargaining unit members enroll and remain in Plan B, and to $500 per month ($517.50 effective July 1, 2013) if 45 or more bargaining unit members enroll and remain in Plan B.
Option Package. 2
1. Plan B shall include the following:
a. Dental Plan – same as Option Package 1
b. Vision Plan – same as Option Package 1;
c. Term Life Insurance in the amount of $45,000 – same as Option Package 1
d. Long Term Disability (same as Option Package 1)
e. A cash stipend, in the amount of $400.00 per month. All cash in lieu payments are conditional upon the District receiving documentation of other coverage that meets the Affordable Care Act minimum value and coverage requirements.
Option Package. As compensation for services hereunder and in consideration of the Employee’s other agreements hereunder, during the Employment Term, the Company shall, provided that the Company is satisfied with the performance of Employee, shall furnish the Employee with an option package corresponding to a grant of options to purchase up to 12 million shares of common stock, granted after a minimum of three months, options to purchase 3 million shares – exercise price as of the date of this agreement, 5 year term and a grant of an additional 6 million shares on each of the first, second and third anniversary dates of commandment of employment (on proviso that he is still employed as COO of MobiClear). The share price used as basis for the calculation of the option package should be the price that is valid at the date of this agreement.
Option Package. As compensation for services hereunder and in consideration of the Employee's other agreements hereunder, during the Employment Term, the Company shall, provided that the Company is satisfied with the performance of the Employee and in any case not before August 1st ,2007 , furnish the Employee with an option package corresponding to four percent (4 %) of the outstanding number of shares of the Company. The share price used as basis for the calculation of the option package should be the price that is valid at the date of this agreement.
Option Package. The Company undertakes that it will procure at the first meeting of the Board of Directors after the date of this Agreement that the following Options will be granted subject to the Specified Conditions. 52,500 ordinary shares (7,500 ADSs) will be vested on 1st October, 1998 52,500 ordinary shares (7,500 ADSs) will vest every six months commencing 1st April, 1999 until 1st October, 2001. The exercise price shall be US$17.75 per Option. The Specified Conditions are: (1) each "Option" represents 7 ordinary shares of the Company (equal to 1 ADS); (2) unvested Options shall lapse immediately upon early termination of this Agreement by either the Employee or the Company; and (3) Options may be exercisable up to 5 years from the vesting date upon payment of the exercise price as directed by the Company.
