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

  • APPENDIX A Grants to Employees Resident in France (French Option Grants) ------------------------------------------------------------- Options granted to Employees who are resident in France shall be granted under the rules in this Appendix Such Options shall be designated "French Options" in the applicable Option Agreement.

  • Further, the terms of a French Option shall provide that during the lifetime of the Optionee the French Option may be exercised only by the Optionee.

  • The exercise price of a French Option shall not be less than 80% of the average of the closing price of the Common Stock as reported in the Wall Street Journal or such other source as the Board deems reliable, for the 20 trading days preceding the date of grant.

  • Subject to the French Put Option Exercise occurring before the expiration of the French Option Period in accordance with the terms the French Put Option Agreement, the French Entity shall be transferred to Buyer on the fifth Business Day following the French Put Option Exercise, or on such other date as the Parties may mutually agree in writing (the “French Deferred Closing” and such date, the “French Deferred Closing Date”).

  • In the event of the death of the Optionee during the Optionee's Continuous Status, such French Option may be transferred to the extent permitted by French law.

  • No French Option may be granted within 20 trading days following (i) an increase in the authorized capital of the Company or (ii) a distribution or payment of a dividend on the Common Stock.

  • Any adjustment pursuant to Section 11 of the Plan in stock subject to a French Option shall be made only to the extent such adjustment does not cause the Company to become subject to tax liabilities to which it would not otherwise be subject.

  • This provision replaces Section 2 of the Award Agreement: The Option price shall be determined in the manner set forth in Section 4 of the French Option Sub-Plan.

  • Except when a flex schedule is mutually agreed to pursuant to Section 8.8, an employee shall be paid or granted compensatory time off at the employee’s discretion at one and one- half (1-1/2) times their regular rate of pay for all time worked in excess of a regular shift (8, 10 or 12 hours, consistent with the employee’s regular shift length) or forty (40) hours in any scheduled workweek (for 8-hour and 10-hour shifts) or eighty (80) hours in a 14-day work period (for 12-hour shifts).

  • To the extent that any term is defined in both the Plan and the French Option Sub-plan, for purposes of this grant of a French- qualified Option, the definitions in the French Option Sub-plan shall prevail.

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.