Minimum Number of Options definition
Examples of Minimum Number of Options in a sentence
Executive shall be issued a least the Minimum Number of Options, fully vested, upon the following events: (a) the termination of Executive without cause, or (b) the acquisition of the Company by merger, sale or transfer, or (c) a transfer of controlling interest of the Company’s assets, or (d) other significant reorganization or change in control.
Exercise of Remaining Options On any Business Day in the Exercise Period other than the Expiration Date, the Option Buyer may exercise any number of Options that does not exceed the Maximum Number of Options (including a number of Options which is fewer than the Minimum Number of Options) if the exercise relates to all the Options remaining unexercised.
Applicable Minimum Number of Options: 1 Maximum Number of Options: 33,070 Integral Multiple: 1 Written Confirmation of Exercise: Applicable.
Applicable Minimum Number of Options: 1 Maximum Number of Options: 32,110 Integral Multiple: 1 Written Confirmation of Exercise: Applicable.
Subject to clause 9.8 (Exercise of Remaining Options), if a Maximum Number of Options and/or a Minimum Number of Options is specified, the Option Buyer may not exercise rights in respect of fewer than the Minimum Number of Options or more than the Maximum Number of Options.
Applicable Minimum Number of Options: 1 Written Confirmation of Exercise: Applicable.
An attempt to exercise on any occasion: more than the Maximum Number of Options will be deemed to be an exercise of the Maximum Number of Options (and the number of Options exceeding the Maximum Number of Options will be deemed to remain unexercised); and fewer than the Minimum Number of Options will be ineffective.
Subsection 7(1) states that if a provision of Chapter 3 (Exports covered by tariff rate quotas) provides that there is a quarterly access amount for a quota type, then, subject to subsection (4), the quarterly access amount for that quota type and a quarter of a quota year is the annual access amount for that quota type and quota year divided by 4.
Applicable Minimum Number of Options: 1 Maximum Number of Options: 45,334 Integral Multiple: 1 Written Confirmation of Exercise: Applicable.
On the Expiration Date, the Option Buyer may exercise any number of Options remaining unexercised, regardless of whether this is fewer than the Minimum Number of Options or more than the Maximum Number of Options.