Base Option definition

Base Option means a medical benefits option that supplements Medicare benefits as described in this document.
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Base Option shall have the meaning set forth in Section 2.3.
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Base Option means each Base Option granted to the Grantee pursuant to Section 2.1. Each Base Option provides the Grantee a right to purchase one Base Option Share (subject to adjustment in accordance with the Equity Incentive Plan and this Agreement) on the terms and subject to the conditions in this Agreement and the Equity Incentive Plan.
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Examples of Base Option in a sentence

  • The Base Option will be governed by the Plan and shall be granted pursuant to a separate stock option grant notice and stock option agreement.

  • This benefit has a separate $1,000 per person/year deductible and is not subject to the Base Option deductible.

  • The Base Option V Coverage A, B; Mid Option III Coverage A, B, C and High Option I coverage A, B, C, and D are available to the employee in either Single, Two-Person or Family Plans.

  • The exercise price per share of the Base Option will be equal to the fair market value of a single share of Common Stock on the date the Base Option is granted, as determined in good faith by the Board.

  • Options on EEX Power Futures are offered for the following market areas: ▪ France (EEX French Power Base Option), ▪ Germany (EEX German Power Base Option), ▪ Germany/Austria (EEX German/Austrian Power Base Option), ▪ Italy (EEX Italian Power Base Option), ▪ Nordic (EEX Nordic Power Base Option)* and ▪ Spain (EEX Spanish Power Base Option).

  • If we exercise the Option, base consideration for the Option exercise, or Base Option Price, will be: · $25 million, if the Option is exercised on or prior to the third anniversary of the execution of the OPA; or · $28 million, if the Option is exercised subsequent to the third anniversary but prior to the fourth anniversary of the execution of the OPA.

  • Coverage (Base Option) is available for full-time employees at no cost with coverage for family members being available with a contribution from the employee to cover a percentage of the premium cost.

  • The Company will provide the group Dental Plan equivalent to that provided under Manulife Policy 37985, and as per the dental plan designs outlined in the myBenefits Program: Option 1 - Base; Option 2 - Buy Different; Option 3 - Buy Down: Option 4 - Buy Up.

  • The exercise price per share of the Base Option will be equal to the fair market value of a single share of Common Stock on the date the Base Option is granted, as determined under the terms of the Plan in good faith by the Board.

  • An additional 9.5 staff members would be needed to maintain service levels for the Base Option parks and facilities.


More Definitions of Base Option

Base Option means an option granted pursuant to Section 5.3(a) to purchase one or more Subordinate Voting Shares from Celestica pursuant to the terms of this Plan, and includes the agreement setting forth the same.
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Base Option has the meaning assigned in the recitals;
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Related to Base Option

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Purchase Option As defined in Section 3.18(c).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • 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.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

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

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • Option means a stock option granted pursuant to the Plan.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

  • Option 2 Annual Actual O&M Expenses

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient;

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.