Nominal Exercise Price definition

Nominal Exercise Price means an exercise price per Share equal to the nominal value of a Share from time to time;
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Nominal Exercise Price means an amount equal to the nominal cost of a Share payable per Share on the exercise of a Nil-cost Option;
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Nominal Exercise Price means an exercise price per Share equal to the nominal value of a
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Examples of Nominal Exercise Price in a sentence

  • C = the Nominal Exercise Price (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations and similar events).

  • Awards must be granted by deed (or in such other written form as the Board determines) and, as soon as reasonably practicable after the Grant Date, Participants must be notified of the terms of their Award including the Vesting Period, any Holding Period and whether it has a Nominal Exercise Price.

  • Subject to rule 10.2, at any time before Shares have been delivered to a Participant to satisfy an Award, the Board may determine that, in substitution for their right to acquire some or all of those Shares, the Participant will instead receive a cash sum equal to the market value (as determined by the Board) on the date of exercise of the Shares that would other wise have been delivered less any Nominal Exercise Price.

  • Further, this pricing period was used to determine the Notional Exercise Price of SARs for the Participating Employees – see Resolution 8.The Nominal Exercise Price for the Managing Director SARs is the same as for the Non-Executive Director SARs – see Resolution 6.Black Scholes valuation methodologyThe Managing Director SARs have been valued in accordance with the Black Scholes valuation methodology, as set out below.

  • To exercise a Nil-Cost Option with a Nominal Exercise Price, the Participant must, unless the Board determines to waive the requirement to pay the Nominal Exercise Price, pay the Nominal Exercise Price to the Company or enter into arrangements acceptable to the Board to pay the Nominal Exercise Price.

Related to Nominal Exercise Price

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.