Approved Options definition

Approved Options means certain options granted as options approved by HMRC as set out in part B of schedule 1;

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Approved Options means (l) options to purchase up to 8,058,834 shares of Common Stock granted under the Corporation’s 2007 Stock Option Plan as in effect on the Issuance Date (or as such Plan may be amended upon receipt of the Requisite Approval), which grants received the Requisite Approval, and (2) any options to purchase or other rights to acquire shares of Common Stock granted under any other equity incentive plan, the adoption of which received the Requisite Approval and which grants received the Requisite Approval.

Approved Options means certain options granted as options approved by HMRC as set out in part B of schedule 1; “Associate” means in relation to a person:

Examples of Approved Options in a sentence

For purposes of this Section, a Redemption/Distribution means and includes, with respect to a Covered Person, (i) any acquisition or redemption of any outstanding stock, membership interests or other equity interest, (ii) any retirement or prepayment of debt securities before their regularly scheduled maturity dates, and (iii) any loan or advance to a shareholder or partner (other than loans made to assist in the exercise of Approved Options).
Notwithstanding the terms of the Plan to the contrary, Approved Options granted herein may not be transferred except as set forth in the Subplan.
Prior to and as a condition of the exercise of the Approved Options, you will pay or make adequate arrangements satisfactory to the Company and/or your employer to satisfy all withholding obligations of the Company and/or your employer.
For the purposes of the Plan, the rules of the Subplan shall be incorporated into and made part of the Administrative Procedure for Stock Option Grants insofar as grants of Approved Options to employees of the Company’s UK subsidiaries are concerned.
The Exercise Price for these Approved Options is [Insert Option Exercise Price], the closing price of a share of Stock on the Grant Date.
You agree and authorize that any withholding, deduction or payment indicated above must occur within 90 days after any tax liability arises in connection with the Approved Options (the “Due Date”).
When aggregating the Option Price of Approved Options granted at different times the Option Price of Subsisting Options shall taken as the pound sterling value as at the date of grant of each Subsisting Option.
There is no need to acknowledge your acceptance of this grant of Approved Options, as you will be deemed to have accepted the grant and the terms and conditions of the Subplan and this document unless you notify the Company in writing within sixty days that you have declined this grant.
In particular, Section 6 (Extension of the Terms of Options) of the Plan shall not apply to Approved Options granted under this Subplan.
Unless an earlier expiration date applies as a result of your termination of employment, these Approved Options expire on the tenth anniversary of the date of grant.

More Definitions of Approved Options

Approved Options means (1) options to purchase up to 14,442,067 shares of Common Stock granted under the Corporation’s 2007 Stock Option Plan as in effect at the Effective Time (or as such plan may be amended upon receipt of the Requisite Approval), which grants received the Requisite Approval, (2) options to purchase up to 950,000 shares of Common Stock granted under the Corporation’s 2010 Amended and Restated Long Term Incentive Plan as in effect at the Effective Time (or as such plan may be amended upon receipt of the Requisite Approval), which grants received the Requisite Approval, (3) restricted stock units for up to 1,294,300 shares of Common Stock granted under the Corporation’s 2010 Amended and Restated Long Term Incentive Plan as in effect at the Effective Time (or as such plan may be amended upon receipt of the Requisite Approval), which grants received the Requisite Approval, and (4) any options to purchase or other rights to acquire shares of Common Stock granted under any other equity incentive plan, the adoption of which received the Requisite Approval and which grants received the Requisite Approval.

Approved Options options granted under the ESOS which qualify as approved options under Schedule 4 Income Tax (Earnings & Pensions) ▇▇▇ ▇▇▇▇