Charitable Option definition

Charitable Option means an Option or equivalent security granted by the Company to an Eligible Charitable Organization;
Charitable Option means any Option granted by the Corporation to an Eligible Charitable Organization;

Examples of Charitable Option in a sentence

  • At the discretion of the Board of Directors of the Company, options granted under the Option Plan can have a maximum exercise term of 5 years from the date of grant or 10 years in the case of a Charitable Option.

  • Therefore, two of them will be discussed representatively: BACO (Best Available Charitable Option) by Acumen Fund and SIMPLE (Social IMPact measurement for Local Economies) by Social Enterprise London.BACO11 is an example for a decision-supporting tool as it can be used by foundations.

  • The fourth approach is known as the BACO or the Best Available Charitable Option, which analyses the current investment option utilizing a social unit calculation similar to the methodology in the SROI model, to compare that to the social unit calculation of the next best charity option (36).

  • Therefore, two of them will be discussed representatively: BACO (Best Available Charitable Option) by Acumen Fund and SIMPLE (Social IMPact measurement for Local Economies) by Social Enterprise London.BACO11 is an example for a decision-­‐supporting tool as it can be used by foundations.


More Definitions of Charitable Option

Charitable Option means an Option granted by the Issuer to an Eligible Charitable Organization;
Charitable Option means a stock option or equivalent security granted by an Issuer to an Eligible Charitable Organization.
Charitable Option means an option that is exercisable for common shares of the Corporation as may be granted by the Corporation to an Eligible Charitable Organizations.
Charitable Option means a stock option Granted by the Company to an Eligible Charitable Organization;

Related to Charitable Option

  • Charitable organization means a charitable organization as described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time.

  • Charitable purpose means a charitable purpose under section 7 of the Charities and Trustee Investment (Scotland) Act 2005 which is also regarded as a charitable purpose in relation to the application of the Taxes Acts;

  • Charitable purposes means the relief of poverty; the improvement of health through the alleviation of illness, disease, or injury; the operation of an organization exclusively for the provision of professional, laundry, printing, and purchasing services to hospitals or charitable institutions; the operation of a home for the aged, as defined in section 5701.13 of the Revised Code; the operation of a radio or television broadcasting station that is licensed by the federal communications commission as a noncommercial educational radio or television station; the operation of a nonprofit animal adoption service or a county humane society; the promotion of education by an institution of learning that maintains a faculty of qualified instructors, teaches regular continuous courses of study, and confers a recognized diploma upon completion of a specific curriculum; the operation of a parent-teacher association, booster group, or similar organization primarily engaged in the promotion and support of the curricular or extracurricular activities of a primary or secondary school; the operation of a community or area center in which presentations in music, dramatics, the arts, and related fields are made in order to foster public interest and education therein; the production of performances in music, dramatics, and the arts; or the promotion of education by an organization engaged in carrying on research in, or the dissemination of, scientific and technological knowledge and information primarily for the public.

  • Charitable trust means any trust provided for in Section 8.2(a)(ii) and Section 8.3(a).

  • Charitable gaming or "charitable games" means those raffles and games of chance explicitly

  • Charitable Trustee means each Person, unaffiliated with the Trust and a Prohibited Owner, that is appointed by the Trust from time to time to serve as a trustee of a Charitable Trust as provided by Section 8.3(a).

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Charitable Beneficiary means one (1) or more beneficiaries of the Trust as determined pursuant to Section 5.9(iii)(f), provided that each such organization must be described in Section 501(c)(3) of the Code and contributions to each such organization must be eligible for deduction under each of Sections 170(b)(1)(A), 2055 and 2522 of the Code.

  • 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.

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

  • Family Member means spouse, father, mother, child, father-in-law, mother-in-law, daughter-in-law or son-in-law.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Charitable sales promotion means an advertising or sales campaign, conducted by a commercial co-venturer, which represents that the purchase or use of goods or services offered by the commercial co-venturer will benefit, in whole or in part, a charitable organization or purpose.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Charitable Institution shall refer to an organization described in section 501(c)(3) of the Code (or any corresponding provision of a future United State Internal Revenue law) which is exempt from income taxation under section 501(a) thereof; and (iii) “presumptive remaindermen” shall refer to those Persons entitled to a share of a trust’s assets if it were then to terminate.

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

  • 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.

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

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

  • Permitted Trust means a bona fide trust where each trustee is (i) a Qualified Stockholder, (ii) a Family Member, or (iii) a professional in the business of providing trustee services, including private professional fiduciaries, trust companies and bank trust departments.

  • Non-Permitted Transferee A Person other than a Permitted Transferee.

  • Designated family member means any of the following:

  • Permitted Transferees means a person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable Securities prior to the expiration of the Founder Shares Lock-up Period or Private Placement Lock-up Period, as the case may be, under the Insider Letter and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.