INX Options means the options of INX issued pursuant to the INX Share Ownership and Award Plan, including the ESOP Commitments, each of which is exercisable into one INX Share;
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.
SARS means the South African Revenue Service.
Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.
Option Plans has the meaning set forth in Section 2.6 below.
Rollover Options has the meaning provided in Subsection 3.1(h).
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).
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 Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.
Company RSUs means any restricted stock units granted under any of the Company Equity Plans.
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.
Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).
CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.
Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.
Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.
Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.
Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.