AIG Option definition

AIG Option means the option to purchase Common Shares granted to American International Group, Inc., a Delaware Corporation, by the Company pursuant to the Amended and Restated Option Agreement, dated the effective date hereof, between the Company and American International Group, Inc.;
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AIG Option means the Amended and Restated Option Agreement, dated March __, 1996, between the Company and AIG, as the same may be further amended from time to time.
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Examples of AIG Option in a sentence

  • Following consummation of the offering referred to in Note 1, the AIG Option is exercisable in certain circumstances, generally upon an offering of common stock subsequent to the initial public offering referred to in Note 1, upon amalgamation, merger, or sale of the assets of the Company or at certain dates between June 29, 2001 and June 23, 2003 provided that the book value per share on such dates is at least 175% of the exercise price.

  • The AIG Option was exercisable in certain circumstances, including an offering of common stock subsequent to the initial public offering.

  • On December 12, 2001 shareholders contributed approximately $546,404 in additional funds, net of placement costs of $17,900, through a public offering, a private placement, and the exercise of the AIG Option, as described in Notes 1 and 7.

  • With respect to the Securities to be acquired upon the exercise of stock options granted by the Company (the "AIG Option Shares"), when the registration statement relating to the Securities (the "Registration Statement") has become effective under the Act and the AIG Option Shares have been duly issued upon the exercise of the related stock options as contemplated by the Registration Statement, the AIG Option Shares will be validly issued, fully paid and non-assessable.

  • The Company shall be entitled to rely solely upon the instructions of AIG or the transferee of the AIG Option designated in writing by AIG with respect to any rights granted hereunder to the holders of Registrable Option Shares.

  • Each of the Parties shall establish an appropriate administration system to administer, in an orderly manner (i) exercises of AIG Option Awards and the settlement of AIG Awards under the AIG Omnibus Plan on behalf of Corebridge Group Employees, and (ii) the withholding and reporting requirements with respect to such awards.

  • The AIG Option was exercisable in certain circumstances, including an offering of common stock subsequent to the initial public offering referred to in Note 1.

  • In conjunction with the private placement offering at the formation of the company, the Company granted to AIG an option to acquire up to 2,775,000 common shares at an exercise price of $12.7746 per share (the "AIG Option").

  • On December 12, 2001 shareholders contributed approximately $546,404 in additional funds through a public offering, a private placement, and the exercise of the AIG Option, as described in Note 1.

  • There are no registration rights with respect to the AIG Option itself.

Related to AIG Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • 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.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • 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.

  • Director Option means an Option granted pursuant to Section 6.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Employee Option means an Option granted pursuant to Section 5.

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options 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.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • 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.

  • 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.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • 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.

  • Optioned Stock means the Common Stock subject to an Option.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.