Charitable Option definition

Charitable Option means an Option or equivalent security granted by the Company to an Eligible Charitable Organization;
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Charitable Option means a stock option or equivalent security granted by the Corporation to an Eligible Charitable Organization;
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Charitable Option means any Option granted by the Corporation to an Eligible Charitable Organization;
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Examples of Charitable Option in a sentence

  • A Charitable Option shall terminate and shall cease to be exercisable on thh90th day following the date that the holder of the Charitable Option ceases to be an Eligible Charitable Organization.

  • A Charitable Option must expire after the earlier of a date that is not more than 10 years from the grant date of the Charitable Option and the 90th day following the date that the holder of the Charitable Option ceases to be an Eligible Charitable Organization.

  • Notwithstanding any other provision of the Plan, a Charitable Option may not be amended or may subject to amendment after its grant other than to give effect to this Section 12 or to provide for the cancellation of the Charitable Option in order to enable the Issuer to comply with section 5.2.


More Definitions of Charitable Option

Charitable Option means a stock option Granted by the Company to an Eligible Charitable Organization;
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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.
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Charitable Option means an Option granted by the Issuer to an Eligible Charitable Organization;
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Charitable Option means a stock option or equivalent security granted by an Issuer to an Eligible Charitable Organization.
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Related to Charitable Option

  • 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;

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

  • 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.

  • Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.

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

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

  • Permitted Transferees means any 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, this Agreement and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.