Exercise Application definition

Exercise Application means the written application for exercising Vested Options as may be prescribed from time to time.
Sample 1
Exercise Application means the prescribed application form substantially in the format as set out in Annexure III or such other format as may be prescribed from time to time, in which the Eligible Employee has to apply to the Trustees for an Exercise of Right and shall be accompanied with a cheque/demand draft for an amount equal to the Exercise Price and all other applicable expenses required to be paid by the Eligible Employee in question on or for the purchase of the Shares in question including any amounts required to be reimbursed to the Company for any fringe benefit tax or other similar taxes including without limitation perquisite tax, if any, paid by the Company in relation to either the grant of the Option or the purchase of the underlying Shares by the Eligible Employee as well as such other documents as may be prescribed pursuant to the provisions of this Scheme, for purchase of the Shares vested in him.
Sample 1
Exercise Application means the application form as may be prescribed by the Compensation Committee, through which the Employee shall apply to the Company along with a cheque/demand draft/electronic payment as per the Exercise Price, for Exercising the Vested Options.
Sample 1

Examples of Exercise Application in a sentence

  • An Optionee (or as the case may be, the Nominee or legal heir of a deceased Optionee or deceased Retired Optionee), shall remit the full amount payable by him/her on Exercise of the Options together with the Exercise Application in the prescribed form, indicating the number of Options Exercised, in the manner stated in the said Exercise Application.


More Definitions of Exercise Application

Exercise Application means the application form for the purpose of enabling the Grantee/ Beneficiary to apply to the Trust for exercising the Vested Options in accordance with Clause 13.5 and Clause 13.6 of this Plan and substantially in the form provided in Appendix 2 hereto for the Options issued in pursuance of this ESOP Plan-2022.
Sample 1
Exercise Application is the application form in which the Optionee has to apply to the Company along with the cheque / demand draft in respect of the Exercise Price for Exercising the Options granted to him/her.
Sample 1
Exercise Application means the application form set out in Schedule I, for the purpose of enabling the Option Holder(s) to apply to the Company along with a cheque/demand draft/any other mode of payment as intimated by the Administrator from time to time in respect of exercising the Option(s) by paying the Exercise Price within the Exercise Period.
Sample 1
Exercise Application means the application form as may be prescribed by the Board or its sub-Committee, in which the Employee has to apply to the Company along with a crossed cheque/demand draft in respect of
Sample 1

Related to Exercise Application

  • Land use application means an application required by a municipality's land use

  • Exercise Amount has the meaning set forth in Section 2(a).

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Mobile Application means a specialized software program downloaded onto a wireless communication device.

  • Exercise Event shall have the meaning ascribed to such term in Section 2(c).

  • Fee Application means an application for allowance and payment of a Fee Claim (including Claims for “substantial contribution” pursuant to section 503(b) of the Bankruptcy Code).

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Complete application means a document prepared in

  • Software Application means a digital product or service as defined in Article 2, point 13, of Regulation (EU) …/… [on contestable and fair markets in the digital sector (Digital Markets Act)];

  • Athlete Application means the form set by the NZOC that must be completed by any Athlete applying to be nominated and selected to the Games Team.

  • Planning Application means the application for [outline/full] planning permission dated [ ] bearing the Council’s reference number [ ];

  • Grant Application - means the grant application that the Public Entity submitted to MnDOT which is attached as Exhibit D.

  • Biologics License Application or “BLA” means an application requesting permission from the FDA to introduce, or deliver for introduction, a biological product into interstate commerce, or any similar application or submission for marketing authorization of a product filed with a Regulatory Authority to obtain Regulatory Approval for such product in a country or group of countries.

  • SAP Application(s) means all Packages (i.e. all Software and Third Party Software) licensed under the Agreement and/or SAP cloud services for which Customer has a valid subscription, excluding User Interfaces for ERP, SAP Technology Solutions and all database Packages.

  • Transfer Application means an application and agreement for transfer of Units in the form set forth on the back of a Certificate or in a form substantially to the same effect in a separate instrument.

  • Private applicator means an applicator who uses or supervises the use of any pesticide which is classified for restricted use for purposes of producing any agricultural commodity on property owned or rented by him or his employer or, if applied without compensation other than trading of personal services between producers of agricultural commodities, on the property of another person.*

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Exercise Agreement has the meaning set forth in Section 3(a)(i).

  • Application Form means any application form to be completed by subscribers for Shares as prescribed by the Company from time to time.

  • Project Application means the federal Section 5311 operating assistance project application submitted by the Municipal Corporation to, and as approved by the Commissioner for the Project described in Appendix C of this Agreement, including all project supporting information submitted therewith.

  • Server Application means an application developed by Licensee that a) utilizes the Runtime Product, b) allows more than one user to Use the Runtime Product through any middle tier application(s), and c) adds significant and primary functionality to the Runtime Product. A Client Application installed in a Windows terminal server environment (e.g. Citrix or Microsoft Remote Desktop Platform) is a Server Application.

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • Approval Application means a BLA, NDA or similar application or submission for a Product filed with a Regulatory Authority in a country or group of countries to obtain marketing approval for a biological or pharmaceutical product in that country or group of countries.

  • Exercise Form means an Exercise Form in the form annexed hereto as Exhibit A.

  • Option Exercise Notice has the meaning provided in Section 3.6 below.

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.