Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).
Share Option means a Nonqualified Share Option or an Incentive Share Option.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Employee Option means an Option granted pursuant to Section 5.
Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;
Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.
Top-Up Option has the meaning set forth in Section 1.04(a).
Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.
NQSO means any Option that is not an ISO.
Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Incentive Option means an option which satisfies the requirements of Code Section 422.
102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.
Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.
Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.
Equity Award Exchange Ratio means the sum of (i) the Share Consideration, plus (ii) the quotient of (x) the Cash Consideration divided by (y) the Parent Stock Price, rounded to the nearest one thousandth.