Compensation Option Units definition

Compensation Option Units has the meaning given to that term in the sixth paragraph of this Agreement;
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Compensation Option Units has the meaning ascribed thereto in Section 2(1)(b).
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Compensation Option Units has the meaning ascribed thereto in Section 15; “Compensation Option Warrant Share” has the meaning ascribed thereto in Section 15; “Compensation Option Warrants” has the meaning ascribed thereto in Section 15; “Compensation Options” has the meaning ascribed thereto in Section 15;
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Examples of Compensation Option Units in a sentence

  • Each Special Warrant is exercisable, for no additional consideration, under and subject to the terms described herein, for one unit of the Company (each an “Underlying Unit” and together with any Penalty Units (as defined below) and any Compensation Option Units (as defined below), the “Underlying Units”).

  • The Compensation Options, Compensation Option Units, Compensation Option Shares and Compensation Option Warrants shall be referred to herein as the “Compensation Securities”.


More Definitions of Compensation Option Units

Compensation Option Units has the meaning ascribed thereto on page two of this Agreement;
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Compensation Option Units with the underlying securities of the Compensation Option Units being the “Compensation Option Underlying Shares” and the “Compensation Option Underlying Warrants” with the Common Shares issuable upon exercise of the Compensation Option Underlying Warrants at a price of $22.00 for a period of 24 months following the Closing Date, being the “Compensation Option Underlying Warrant Shares”) at a price of C$18.60 for a period of 24 months following the Closing Date;
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Compensation Option Units has the meaning ascribed to such term in Section 14(a) hereof.
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Compensation Option Units has the meaning given to that term above;
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Related to Compensation Option Units

  • Compensation Options has the meaning ascribed thereto on the face page of this Agreement;

  • Grant Funds means any and all funds allocated or disbursed to Grantee under this Agreement.

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

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • 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.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.