Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Investment Options means the investment options, as determined from time to time by the Committee, used to credit earnings, gains and losses on Account balances.
Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.
Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Rollover Options has the meaning provided in Subsection 3.1(h).
Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.
Other Available Shares means, as of any date, the sum of:
Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.
Company Equity Awards means the Company RSU Awards and the Company PSU Awards.
Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.
Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.
Incentive Shares means Shares awarded pursuant to the provisions of Article 12.
Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.
Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.
Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.
Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.
Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.
Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.
Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Third Closing Date has the meaning set forth in Section 2.2(c).
SARS means the South African Revenue Service.
Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.
Equity Equivalents means with respect to any Person any rights, warrants, options, convertible securities, exchangeable securities, indebtedness or other rights, in each case exercisable for or convertible or exchangeable into, directly or indirectly, Equity Interests of such Person or securities exercisable for or convertible or exchangeable into Equity Interests of such Person, whether at the time of issuance or upon the passage of time or the occurrence of some future event.