Number of Options Granted definition

Number of Options Granted is defined in Recital E.
Sample 1Sample 2
Number of Options Granted. [ ] Options (the “Options”)
Sample 1
Number of Options Granted. The number of Options granted to Participant pursuant to this Option Award Agreement shall be equal to the lesser of (i) 120,000 Options, or (ii) the product of four (4) multiplied by that number of Shares purchased by Participant during the period between the Award Date and the first anniversary of the Award Date (other than Shares purchased pursuant to the exercise of Options). On November 8, 2013, the total number of Options granted to Participant shall be definitively determined by the Committee according to the conditions described herein. Exercise Price: $2.56 Vesting Schedule: 10% of the total options granted shall vest on 11/08/2013 20% of the total options granted shall vest on 11/08/2014 30% of the total options granted shall vest on 11/08/2015 40% of the total options granted shall vest on 11/08/2016 Expiration Date: November 8, 2022 The foregoing Non-Qualified Stock Options are granted to Participant in accordance with and subject to the terms and provisions of the 2005 Employee Stock Option Award Plan (the “Plan”) and all rules and regulations thereunder. Unless otherwise defined in this Non-Qualified Stock Option Award Agreement, capitalized terms have the meaning ascribed to them in the Plan. Subject to the vesting schedule and expiration date above, the Options may be exercised in the manner provided in the Plan. The Options are not transferable. In the event of Termination of Service other than by reason of Participant’s death or Disability, Options vested as of the date of Termination of Service will remain exercisable for a period of 30 days following the date of Termination of Service, which period shall be extended by the number of days that the Committee determines in its discretion that Participant is precluded by Company policy from trading in the Shares. In no event shall the Options be exercisable after the expiration date set forth above. The Shares that may be issued upon exercise of Options may not be transferred, sold, offered for sale or otherwise distributed except (i) in conjunction with an effective registration statement, (ii) in compliance with Rule 144, (iii) in compliance with the Company’s stock option exercise policy, as amended from time to time, or (iv) pursuant to an opinion of counsel satisfactory to the Company that such transfer, sale, offer or distribution is exempt from the registration provisions of applicable securities laws. The Company has no obligation to register the Shares or to include the Shares in a...
Sample 1

Examples of Number of Options Granted in a sentence

  • Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a Nonqualified Stock Option (the “Option”) to purchase the number of common shares of the Company (“Shares”) equal to the Total Number of Options Granted (as set forth on the Summary of Grant) at an exercise price per Share equal to the Exercise Price Per Share (as set forth on the Summary of Grant).

  • The Options hereby granted on the Grant Date (as set forth on the first page of this Agreement) to purchase up to the Number of Options Granted (as set forth on the first page of this Agreement) will terminate and expire, to the extent not previously exercised or earlier terminated as provided in this Agreement, at 5:00 p.m. U.S. Eastern Time on the Termination Date (as set forth on the first page of this Agreement).

  • SUMMARY OF GRANT Grantee: [ ] Date of Grant: [ ] Vesting Schedule: [ ] Exercise Price Per Share: $[ ] Total Number of Options Granted: [ ] Term/Expiration Date: [ ] The above is a summary description of certain provisions of the Agreement and is not intended to be complete.

  • NONEMPLOYEE DIRECTORS STOCK OPTION PLAN TERMS AND CONDITIONS Award Date: Participant: Plan Year to Which Award Relates: Number of Options Granted: Exercise Price: Vesting Schedule: The Options are not transferable.

  • Name: Address: The undersigned Grantee has been granted an Option to purchase Shares, subject to the terms and conditions of the Plan, the US Appendix and this Option Agreement, as follows: Grant Number:Grant Date:Exercise Price per Share: USD Total Number of Options Granted: Total Exercise Price: USD Type of Option: □ Option intended to qualify as an incentive stock option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

  • The following provides a summary of the key terms of the Option; however, you should read the entire Agreement, along with the terms of the Plan, to fully understand the grant.SUMMARY OF GRANTGrantee: ♦Date of Grant: ♦Vesting/Exercisability Schedule: Date NumberExercise Price Per Share: C$♦Total Number of Options Granted: ♦Term/Expiration Date: ♦The above is a summary description of certain provisions of the Agreement and is not intended to be complete.

  • Grant Number: Date of Grant: Vesting Commencement Date: Total Number of Options Granted: Exercise Price per Option: Total Exercise Price: Term/Expiration Date: Type of Option (for US Beneficiaries only): These Options are intended to be Incentive Stock Options (“ISOs”).

  • Note 2: Number of Options Granted includes the additional shares due to stock dividend distributed in 2004 and 2005.

  • EMPLOYEES INCENTIVE STOCK OPTION PLAN TERMS AND CONDITIONS Award Date: Participant: Plan Year to Which Award Relates: Number of Options Granted: Exercise Price: Vesting Schedule: The Options are not transferable.

  • Xxxxx Xxxxx: Number of Options Granted: Expiration Date: ALLERGAN, INC.


More Definitions of Number of Options Granted

Number of Options Granted is defined in Section 2.
Sample 1
Number of Options Granted. [________]
Sample 1

Related to Number of Options Granted

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Date of Option Grant means the effective date of grant of the Option as set forth in the Notice.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • SARS means the South African Revenue Services;

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • 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.

  • Number of Shares means a number of shares calculated as follows: Par / Geared Put Strike LPU rounded down to the nearest round lot as permitted by the Exchange for trading purposes, and the remaining fractional share amount (being the “Residual Amount”) shall be paid in USD as the Cash Residual; and

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Company Stock Options means all options to acquire shares of Company Common Stock from the Company, whether granted pursuant to the Company Stock Plans or otherwise.

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

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • 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.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Company Stock Option means an option to purchase shares of Common Stock.

  • 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.

Most Referenced Clauses

Most Referenced Definitions