Vested Option means any Option, which has already been vested according to the Vesting Dates.
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.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Option Period means the period during which an Option may be exercised.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Call Option Date As defined in Section 10.01(a) hereof.
Covered Call Option means an exchange traded option 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 (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.
Option Exercise Period has the meaning set forth in Section 6.4.
Purchase Option Period As defined in Section 9.03(a) hereof.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.
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.
Top-Up Option has the meaning set forth in Section 1.04(a).
Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.
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.
Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.
Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;
Director Option means an Option granted pursuant to Section 6.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.
Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.
Employee Option means an Option granted pursuant to Section 5.