The exercise price per share of each Converted AOL Option shall be equal to the per share exercise price of each corresponding TWX Option, divided by the Conversion Ratio, and rounded up to the nearest whole cent.
Director Option means an Option granted pursuant to Section 6.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
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.
Top-Up Option has the meaning set forth in Section 1.04(a).
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.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.
Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.
Call Option Date As defined in Section 10.01(a) hereof.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
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.
Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.
Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.
Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Interest Option means LIBOR or the Reference Rate.
Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.
Employee Option means an Option granted pursuant to Section 5.