French Option definition

French Option means a right to acquire stock granted under this French Addendum.
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French Option means any option pursuant to the Plan under which a French Eligible Participant may purchase Shares at the exercise price, complying with Sections L. 225-177 to 225-186 of the Code de commerce.
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French Option the Option and Transfer Agreement with respect to France;
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Examples of French Option in a sentence

  • The six (6)-month exercise period will apply without regard to the term of the French-Qualified Option as described in Section 14 of this French Option Sub-Plan.

  • The terms of a French Option shall not permit transfer of the French Option, except on death and then only to the extent permitted by French law.

  • A French Option so transferred may be exercised (to the extent the Optionee was entitled to exercise such French Option as of the date of death) by the transferee only within the period ending on the earlier of (i) the date six (6) months following the date of death, or (ii) the expiration of the term of such French Option as set forth in the Option Agreement.

  • Except as set forth below, the terms of the Option Agreement for a French Option shall otherwise comply with the other terms of the Plan.

  • No person shall be granted a French Option unless such person is an Employee.

  • Throughout the term of the Plan, no French Option shall be granted, if by making such grant, the aggregate number of shares subject to outstanding French Options could at any time exceed one-third of the aggregate number of all shares of all classes of stock of the Company authorized for issuance.

  • Subject to the terms of the U.S. Plan, the Committee retains the right to amend or terminate the French Option Sub-Plan at any time.

  • The Options will vest and become exercisable pursuant to the terms and conditions set forth in the U.S. Plan, the French Option Sub-Plan and under the Option Agreement delivered to each French Participant.

  • To obtain the favorable tax and social security treatment in France, the French Participant shall not sell or transfer Stock acquired upon exercise of an Option before the expiration of the applicable holding period for French-Qualified Options set forth by Section 163 bis C of the French Tax Code, as amended, except as provided in this French Option Sub-Plan or as otherwise in keeping with French law.

  • The term “Vesting Date” shall mean the date on which a French Participant’s right to all or a portion of the shares of Stock subject to an Option granted under the French Option Sub-Plan becomes non-forfeitable.

Related to French Option

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

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

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

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

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

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • 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.

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

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

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

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

  • SAR means a stock appreciation right granted under the Plan.

  • Optioned Stock means the Common Stock subject to an Option.

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

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

  • Option Grant Date means, as to any Stock Option, the latest of:

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

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

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

  • 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.

  • 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.

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