Ceridian Option definition

Ceridian Option means any option to acquire common stock of the Corporation issued pursuant to any Ceridian Stock Plan, as in effect immediately prior to the Effective Time.
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Examples of Ceridian Option in a sentence

  • Except as otherwise provided in Section 5.5, each Ceridian Option held by a person other than a New Ceridian Optionee, whether or not exercisable as of the Effective Time, shall be adjusted in accordance with the following rules.

  • Before the Effective Time, New Ceridian shall adopt (and the Corporation as sole stockholder of New Ceridian shall approve) one or more stock option plans pursuant to which employees, non-employee directors, consultants and independent contractors of New Ceridian and its Subsidiaries (as well as retirees of the Corporation and other persons as described in Section 5.5 hereof) may be granted options to purchase shares of New Ceridian Stock ("New Ceridian Option Plan").

  • Furthermore, no Option granted upon the conversion or exchange of an Old Ceridian Option will contain terms which are more restrictive than the terms of the Old Ceridian Option or any relevant option agreement or plan pursuant to which such Old Ceridian Option was granted.

  • Before the Effective Time, New Ceridian shall adopt one or more stock option plans pursuant to which employees, non-employee directors, consultants and independent contractors of New Ceridian and its Subsidiaries may be granted options to purchase shares of New Ceridian Stock ("New Ceridian Option Plan").

Related to Ceridian Option

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

  • 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.

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

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

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

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

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

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

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

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

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

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • the award , except in sub-paragraph (2), means—

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

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

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.

  • SAR means a stock appreciation right granted under the Plan.

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

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Optioned Stock means the Common Stock subject to an Option.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.