Limited Right definition

Limited Right means the right to receive an amount of cash based upon the terms set forth in Section 9.

Limited Right means any right granted under Section 8 of the Plan.

Limited Right means a limited stock appreciation right granted pursuant to Section 10 of the Plan.

Examples of Limited Right in a sentence

• Except in the case of a Limited Right granted in assumption of or substitution for an outstanding award of a company acquired by the Company or with which the Company combines, the grant price of any Limited Right granted under this Plan shall not be less than 100% of the fair market value of the Shares covered by such Limited Right on the date of grant or, in the case of a Limited Right granted in tandem with a then outstanding Option or other Award, on the date of grant of such related Option or Award.

• The Limited Right is transferable only when the underlying option is transferable and under the same conditions.

• The Limited Right is transferable only when the underlying Option is transferable and under the same conditions.

• A Limited Right may be exercised only in the event of a Change in Control.

• The Limited Right may be exercised only when the underlying Option is eligible to be exercised, and only when the Fair Market Value of the underlying shares on the day of exercise is greater than the Exercise Price of the underlying Option.

More Definitions of Limited Right

Limited Right means any right granted under Section 8 of the Plan. Notwithstanding anything contained herein to the contrary, no Limited Rights shall be granted after October 3, 2004.

Limited Right means a right granted under Section 8 of the Plan.

Limited Right means a limited stock appreciation right granted under the Plan.

Limited Right means a right to receive cash in lieu of the exercise of an Option or Right as set forth in Section 12(b);

Limited Right means a limited stock appreciation right granted pursuant to Section 10.

Limited Right means an Award granted to a Participant pursuant to Section 8 of the Plan.

Limited Right means a limited stock appreciation right granted under Section 8.