Initial Vested Options means Options that are Vested Options on the Grant Date and have never been subject to immediate termination upon a Termination of Service.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
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.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.
Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
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.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Rollover Options has the meaning provided in Subsection 3.1(h).
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.
Rollover Option has the meaning set forth in Section 2.4(a).
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Employee Option means an Option granted pursuant to Section 5.
Optioned Stock means the Common Stock subject to an Option.
Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.
Director Option means an Option granted pursuant to Section 6.
Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.
Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.
Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.
Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.
Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.