Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
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.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Director Option means an Option granted pursuant to Section 6.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.
Employee Option means an Option granted pursuant to Section 5.
Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.
Nonqualified Option means any Option that is not an Incentive Stock Option.
SARS means the South African Revenue Service.
Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.
Rollover Options has the meaning provided in Subsection 3.1(h).
Company Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.
Company Equity Awards means the Company Options and the Company RSUs.
Top-Up Option has the meaning set forth in Section 1.04(a).
Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.
Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.
Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.
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.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;