Deluxe Option definition

Deluxe Option. Deluxe Option" means an option to purchase shares of Deluxe common stock which was granted under a Deluxe Option Plan and is outstanding immediately prior to the Distribution.
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Deluxe Option means an Option to purchase shares of Deluxe common stock which was granted under a Deluxe Option Plan prior to the Split-Off.
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Deluxe Option means an Option to purchase shares of Deluxe common stock which was granted under a Deluxe Option Plan (i) on or before August 11, 2000 or (ii) after August 11, 2000, but only if the Deluxe option agreement relating to the Deluxe option granted after August 11, 2000 expressly provides that the Deluxe option will be subject to adjustment in connection with the Spin-Off.
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Examples of Deluxe Option in a sentence

  • Other than as specified in this Plan or the Option Agreement, the terms and conditions of the applicable Deluxe Option Plan and Deluxe Option Agreement to which an eFunds Option relates shall remain in effect.

  • Without limiting the generality of the foregoing, except as provided in this Agreement or under any agreement relating to a Deluxe Option or eFunds Option in accordance with the terms of the Conversion Plan, neither the Distribution nor the termination of the Participating Employer status of eFunds or any member of the eFunds Group or iDLX shall cause any employee to be deemed to have incurred a termination of employment.

  • Notwithstanding any provision in this Agreement to the contrary, the Deluxe Option Plans and the Conversion Plan shall be administered as provided in the respective plans, including, without limitation, the termination thereof and any amendment, modification, interpretation, delegation of authority, exercise of discretion or adoption, modification or discontinuation of any procedure or practice relating thereto and permitted or authorized therein.

  • Deluxe and eFunds shall adopt such procedures and information sharing practices necessary or appropriate to permit Deluxe to administer and maintain the Deluxe Option Plans and eFunds to administer and maintain the Conversion Plan (including, for example, timely informing the other of any termination of employment that affects the exercise period of a Deluxe Option or eFunds Option).

  • The eFunds Options granted under the Plan shall have an exercise price or exercise prices determined based on the Stock Option Conversion Equation as applied to the original exercise price or prices of the corresponding outstanding Deluxe Options held by the Participant immediately prior to the Split-Off as a result of adjustments made to outstanding Deluxe Options in connection with the Split-Off under the applicable Deluxe Option Plan.

  • The eFunds Options to be granted under the Plan shall be granted immediately prior to the Split-Off of the Company as a result of adjustments made to outstanding Deluxe Options in connection with the Split-Off under the applicable Deluxe Option Plan.

  • Deluxe shall be responsible for all fees and expenses relating to the Deluxe Option Plans and eFunds shall be responsible for all fees and expenses relating to the Conversion Plan.

  • In addition, eFunds shall deliver to eFunds Employees any prospectuses, notices or other documents provided by Deluxe relating to the Deluxe Option Plans and Deluxe shall deliver to its employees any prospectuses, notices or other documents provided by eFunds relating to the Conversion Plan.

  • The eFunds Options to be granted under ----------------------- the Plan shall be granted as of the close of business on the Record Date as a result of adjustments made to outstanding Deluxe Options in connection with the Spin-Off under the applicable Deluxe Option Plan.

  • The eFunds Options granted under the Plan --------------------- shall have an exercise price or exercise prices determined based on the Stock Option Conversion Equation as applied to the original exercise price or prices of the corresponding outstanding Deluxe Options held by the Participant as of the Record Date as a result of adjustments made to outstanding Deluxe Options in connection with the Spin-Off under the applicable Deluxe Option Plan.

Related to Deluxe Option

  • 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.

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

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Director Option means an Option granted pursuant to Section 6.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

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

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

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

  • 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.

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

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

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

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Parent Option means an option to purchase shares of Parent Common Stock.

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

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.