Launch Option definition

Launch Option or "LAUNCH OPTIONS") granted under Launch's 1994 Stock Option Plan (the "1994 OPTION PLAN") and Launch's 1998 Stock Option Plan (the "1998 OPTION PLAN," and collectively with the 1994 Option Plan, the "OPTION PLANS"), whether or not then exercisable or vested, shall be (a) deemed to be 100% vested and exercisable immediately prior to the Effective Time; and (b) immediately prior to the Effective Time, cancelled and, in consideration of such cancellation, Yahoo! shall, or shall cause the Surviving Corporation to, pay to such holders of Options, an amount in respect thereof equal to the product of (x) the excess, if any, of the Offer Price over the exercise price of each such Option and (y) the number of Shares subject thereto (such payment, if any, to be net of
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Launch Option means MSV’s option to procure Launch Services from Contractor, as further described in Article 2.2.2.
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Launch Option means the right for CUSTOMER to order from ARIANESPACE up to FOUR (4) Optional Launches in accordance with this Agreement for the launch of additional GLOBALSTAR Satellites to be performed by ARIANESPACE in accordance therewith. Launch Period means a period of NINETY (90) consecutive calendar days.
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Examples of Launch Option in a sentence

  • The Parties agree that the Reflight Launch Option is exercisable only in the event of a Launch Failure due to the Falcon launch vehicle.

  • Except for the Reflight Launch Option (if purchased by Customer), SpaceX has not made, nor does it make, any representation or warranty, whether written or oral, whether express or implied, including, but not limited to, any warranty of design, operation, quality, workmanship, suitability, result, merchantability, or fitness for a particular purpose with respect to the Falcon, launch services, or associated equipment and services.

  • The date of grant of each of the Standard Option and the Launch Option shall be the date on which the Employee commences employment with the Company.

  • The exercise price of each of the Standard Option and the Launch Option shall equal the last reported sales price of the Common Stock in the over-the-counter market (or such other market on which the Common Stock is then traded) on the date preceding the date of grant.

  • Employee shall also be granted under the Plan a non-qualified stock option to purchase an additional 185,000 shares of Common Stock (the "Launch Option").

  • The Reflight Launch Option may be [*** ***] the Basic Launch Services price up to [*** ***] prior to the Estimated Launch Date and shall be subject to the terms and conditions of this Agreement.

  • Employee shall also be granted under the Plan a non-qualified stock option to purchase an additional 150,000 shares of Common Stock (the "Launch Option").

  • Additional Launch Option [***] If Customer exercises an Additional Launch [***].

  • CUSTOMER shall have the right to exercise the Reflight Option by written request received by ARIANESPACE (i) within ONE HUNDRED AND TWENTY (120) days following the Effective Date of this Agreement for the Firm Launch, and (ii) on the day of activation of the Launch Option for each respective Firm Optional Launch.

  • If more than one Launch Option is exercised and the Launch Periods requested for the Optional Launches enable back-to-back Launch Campaigns, such Optional Launches will be performed from the same Launch Site.


More Definitions of Launch Option

Launch Option included in Article 1 (“Definitions”) of the Agreement is deleted and replaced as follows:
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Launch Option means the right for CUSTOMER to order from ARIANESPACE an Optional Launch in accordance with this Agreement for the launch of additional GLOBALSTAR Satellites to be performed by ARIANESPACE.”
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Launch Option means MSV LP’s option to procure Launch Services from the Satellite Vendor in accordance with the Satellite Construction Contract.
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Related to Launch Option

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

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

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

  • 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.

  • 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.

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options 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.

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

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option Notice has the meaning set forth in Section 5.2(a).

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

  • 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.

  • Option 1 [X] Yes, but only with respect to a Contributing Participant's Elective Deferrals.

  • 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.

  • 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.

  • Option 2 [ ] An amount equal to the sum of ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which does not exceed ________% of the Contributing Participant's Compensation plus ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which exceeds ________% of the Contributing Participant's Compensation.

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

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

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

  • Option Style “Modified American”, as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer

  • Second Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.