California Option definition

California Option means an Option granted to a California Participant;
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California Option means any Option granted to a California resident under the California Plan.
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California Option means a combination of a Market Value Option and a Matching Option granted in accordance with the Matching Option Ratio;
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Examples of California Option in a sentence

  • In the event of a stock split, reverse stock split, stock dividend, recapitalization, combination or reclassification of the Company's stock, the number of shares subject to a California Option or California Restricted Stock Award shall be adjusted in accordance with the provision of Section 12(a) of the Plan.

  • No Option granted to a California Option Holder shall become exercisable, vested or realizable, as applicable to such Option, unless the US Sub-Plan has been approved by the holders of a majority of the Company’s outstanding voting securities by the later of (i) within 12 months before or after the date the US Sub-Plan was adopted by the Directors or (ii) prior to or within 12 months of the granting of any Option to a California Option Holder.

  • With respect to any California Option granted to any Ten Percent Shareholder, the option price shall be at least one hundred ten percent (110%) of the Fair Market Value of the Common Stock on the date of grant.

  • The option price of each share of Common Stock issuable under a California Option shall be determined by the Board at the time of the action for the granting of the California Option but shall not, in any event, be less than eighty-five percent (85%) of the Fair Market Value of the Common Stock on the date of grant.

  • No Option granted to a California Option Holder shall become exercisable, vested or realizable, as applicable to such Option, unless the US Sub-Plan has been approved by the holders of a majority of the Company’s outstanding voting securities by the later of (i) within 12 months before or after the date the US Sub-Plan was adopted by the Board or (ii) prior to or within 12 months of the granting of any Option to a California Option Holder.

  • California Options shall, at a minimum, be exercisable at a rate of twenty percent (20%) per year from the date of grant; provided that in the case of a California Option granted to Officers, Directors, or Consultants of the Company, the California Option may become fully exercisable, subject to reasonable conditions such as continued employment, at any time or during any period established by the Company.

  • Prior to the Listing Date, a Ten Percent Shareholder shall not be granted a California Option that is a Nonstatutory Stock Option unless (i) the exercise price of such California Option is at least one hundred ten percent (110%) of the Fair Market Value of the Common Stock at the date of grant, or (ii) such lower percentage of the Fair Market Value of the Common Stock at the date of grant as is permitted under applicable state and/or federal law.

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  • Each Annual Director Option shall have the terms and conditions specified in the form of Award Agreement attached to this Plan as Appendix A; PROVIDED, HOWEVER, that if such Option is a California Option, it shall be issued pursuant to the California Plan.

  • No Options granted to California Option Holders shall have a term in excess of 120 months measured from the Date of Grant.


More Definitions of California Option

California Option means an Option granted under this Plan that is subject to the California Code.
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California Option means any Option granted to a California resident.
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California Option means an Option granted to a California Participant; “California Participant” has the meaning ascribed thereto in Article 9 hereof;
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Related to California Option

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

  • 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.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • California Law means the General Corporation Law of the State of California.

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

  • AT&T CALIFORNIA means the AT&T owned ILEC doing business in California.

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

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

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

  • California company means a sole proprietorship, partnership, joint venture, corporation, or other business entity that was a licensed California contractor on the date when bids for the public contract were opened and meets one of the following:

  • Spent in California means that:

  • 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.

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

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

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

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

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

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

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

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • California Participant means a Participant whose Award is issued in reliance on Section 25102(o) of the California Corporations Code.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

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

  • Stock Grant means the grant of shares of Stock not subject to restrictions or other forfeiture conditions.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.