3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
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.
Incentive Shares means Shares awarded pursuant to the provisions of Article 12.
Rollover Options has the meaning provided in Subsection 3.1(h).
Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Director Option means an Option granted pursuant to Section 6.
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.
Option Plans has the meaning set forth in Section 2.6 below.
Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.
Eligible Shares has the meaning set forth in Section 4.1(a).
Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.
Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).
Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).
Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.
Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;
Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.
Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.
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.
Top-Up Option has the meaning set forth in Section 1.04(a).