Compensation Option definition

Compensation Option has the meaning ascribed thereto on page 2 hereto;

Compensation Option shall have the meaning ascribed to such term in section 15 hereto;

Compensation Option has the meaning given to that term on page 1 of this Agreement;

Examples of Compensation Option in a sentence

• The number of Shares subject to a Deferred Compensation Option shall be determined by the Committee, in its discretion, by dividing the amount of compensation to be deferred by the difference between the Fair Market Value of a Share on the date of grant and the option price of the Deferred Compensation Option.

• The Committee may also, in its discretion, permit a Participant to receive, in lieu of unrestricted Shares at the conclusion of the Restriction Period, payment in cash, installments, or by issuance of a Deferred Compensation Option equal to the Fair Market Value of the Restricted Shares as of the date the Restrictions lapse.

• Payment upon exercise of a Stock Appreciation Right may be made in cash, in installments, in Shares, by issuance of a Deferred Compensation Option, or in any combination of the foregoing, or in any other form as the Committee shall determine.

• Payment in settlement of a Restricted Unit shall be made as soon as practicable following the conclusion of the applicable Restriction Period in cash, in installments, in Shares equal to the number of Restricted Units, by issuance of a Deferred Compensation Option, or in any other manner or combination of such methods as the Committee, in its sole discretion, shall determine.

• If the Upfront Compensation Option is elected, the compensation shall be reduced in the amount equal to the amount of the Contingent Deferred Sales Charge waived by Nationwide on The Best of America(R) Group Pensions Series contract ("Waived CDSC Amount").

More Definitions of Compensation Option

Compensation Option. [ ] 1 [ ] 2 [ ] 3 [ ] 4 If an Option is not selected, Option 1 will apply.

Compensation Option has the meaning given to that term in section 10.2, and "Compensation Options" means more than one Compensation Option;

Compensation Option has the meaning given to that term in the fourth paragraph of this Agreement;

Compensation Option means an aggregate of 191,414 compensation options of the Corporation issuable to the Underwriter on the date hereof in connection with the Offering, with each Compensation Option entitling the holder thereof to acquire one Unit at an exercise price of $3.60 for a period of 24 months from the closing of the Offering.

Compensation Option has the meaning ascribed thereto on page two of this Agreement; “Compensation Option Certificates” means the certificates representing the Compensation Options; “Compensation Option Units” has the meaning ascribed thereto on page two of this Agreement;

Compensation Option means a non-transferable option exercisable to purchase one Compensation Option Share at the Exercise Price until the Expiry Time;

Compensation Option has the meaning given to it in Section 14(a); "CSE" means the Canadian Securities Exchange;