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 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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Examples of Base Option in a sentence

  • Scope will include providing all labor, materials, and equipment to procure and install the Technology Package in accordance with the attached PCO and Summary of Work Section 011102 on DCP-2 DRT01 Del Rio Sector Maverick County Base, Option 1 and Option 2.

  • 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.

  • Base 98 ---- ---- Alternate 1 ---- 69 167 Alternate 2 ---- ---- ---- Entsorga Base 79 72 145 Xxxxxx Company Base Option 1 ---- ---- ---- Base Option 2 91 49 140 Envision Waste Services LLC Base 48 59 107 Alternate 1 ---- ---- ---- Alternate 2 ---- ---- ---- *Where respondents submitted multiple proposals, the Sanitary Engineer scored only the proposal that offered the best value to the overall needs of the District.

  • The plans shall be offered shall include coverage for Single, Two-Person or Families as follows: Base Option 5 Coverage A, B; Mid Option 3D Coverage A, B, C and High Option 1S coverage A, B, C, and D.

  • 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 following plans, or replacement plans, known as “myBenefits” Option 1 - Base; Option 2 - Buy Different; Option 3 - Buy Down: Option 4 - Buy Up, provide coverage on a cost sharing basis, with exception of the Option 3 - Buy Down Plan, where the Employer contributes to all premium costs, excluding the Supplementary Life Benefit, to all eligible employees as applicable for the duration of this Agreement.

  • The following plans, or replacement plans, known as “myBenefits” Option 1 - Base; Option 2 - Buy Different; Option 3 - Buy Down; Option 4 - Buy Up, provide coverage on a cost sharing basis, with exception of the Option 3 - Buy Down Plan, where the Employer contributes to all premium costs, excluding the Supplementary Life Benefit, to all eligible employees as applicable for the duration of these Agreements.

  • The Base Option 5 Coverage A, B; Mid Option 3D Coverage A, B, C and High Option 1S coverage A, B, C, and D are available to the employee in either Single, Two-Person or Family Plans.

  • Employee Eligibility FTR & PTR (working a minimum of 18.75 hrs per week and/or total of 37.5 hrs bi-weekly) TMP – ineligible Dependent Eligibility Spouse and Children (to age 19 or full time students to age 25) Waiting Period 1st of the month following date of hire EXTENDED HEALTH CARE Funded Flex Credit or Payroll Deductions = FTR 100% & 50% PTR (working a minimum of 18.75 hrs per week and/or total of 37.5 hrs bi-weekly) of Base Option Opt Out Employees can opt out.


More Definitions of Base Option

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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Base Option has the meaning assigned in the recitals;
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Related to Base Option

  • 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 2024-1 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 2024-1 Vehicle for which the related 2024-1 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 2024-1 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 set forth in Section 4.05(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.

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

  • Option 2 [_] An amount equal to the sum of ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which does not exceed ________% of the Contributing Participant's Compensation plus ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which exceeds ________% of the Contributing Participant's Compensation.

  • 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; and

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • 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.