Director Stock Options definition

Director Stock Options shall have the meaning set forth in Section 3.01(c).
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Director Stock Options means stock options granted under and subject to the terms of the Director Plan, as well as any vesting periods and other terms and conditions determined by the Board or the appropriate committee thereof on the grant date.
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Director Stock Options means options to purchase Company Common Shares that were issued pursuant to the Director Stock Option Plans.
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Examples of Director Stock Options in a sentence

  • Any Eligible Director may waive his or her right to be granted Eligible Director Stock Options.

  • The Committee may amend the terms of any award or option (other than Director Stock Options) theretofore granted, prospectively or retroactively, but no such amendment shall impair the rights of any holder without his consent.

  • Persons serving on the Committee who are Eligible Directors may receive grants of Director Stock Options.

  • The option exercise price of Director Stock Options shall be 100 percent of the Fair Market Value on the date such options are granted.

  • Director Stock Options shall become fully exercisable on the first anniversary of the date of grant and shall terminate upon the expiration of five years from the date of grant.

  • Each Eligible Director shall be automatically granted a non-qualified option to purchase 2,000 shares of Common Stock, which option shall be granted on the effective date of the Plan (hereinafter referred to as the "Initial Eligible Director Stock Options").

  • Outside Director Stock Options shall be exercisable to the extent vested.

  • Director Stock Options shall be granted automatically to each such eligible director on the business day following such annual meeting of stockholders, without further action of the Committee or the Board.

  • Awards may be granted to nonemployee directors only in the form of stock options satisfying the requirements of this Section 11 ("Director Stock Options").

  • Director Stock Options granted under this Plan shall be Non-Qualified Stock Options which are not intended to be "incentive stock options" within the meaning of Code Section 422.


More Definitions of Director Stock Options

Director Stock Options means a right to purchase Common Stock granted to a nonemployee director pursuant to the terms set forth in Section 12 of the Plan.
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Director Stock Options means Nonqualified Stock Options granted to directors of the Corporation pursuant to
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Director Stock Options means Nonqualified Stock Options granted to directors of the Corporation pursuant to Section 2A of the Plan. (Added April 19, 1988.)
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Director Stock Options means the nonstatutory stock options granted under Section 8 of this Plan to Directors to purchase Stock.
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Director Stock Options means the Awards granted to non-employee Directors of the Corporation under Section 10 of the Plan.
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Related to Director Stock Options

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

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

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

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

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Parent Stock Option means any option to purchase Parent Common Stock.

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

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

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award 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.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.

  • 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.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Nonemployee Director means a Director who is not an Employee.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • SARS means the South African Revenue Service.

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

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • 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).