Examples of Old Option in a sentence
If you elect to cancel an Old Option, it must be cancelled in its entirety.
The New Option will be vested in accordance with the vesting schedule of the Old Option.
Any New Option granted under rule 11 shall be treated as having been acquired at the same time as the relevant Old Option for all other purposes of the Plan.
The New Option shall, for all other purposes of this scheme, be treated as having been acquired at the same time as the Old Option.
If a company has obtained Control of the Company as a result of company reorganisation (within the meaning of paragraph 26 of Schedule 4) affecting the Company, each Option Holder may, by agreement with that company (Acquiring Company) within the Rollover Period, release each Option (Old Option) for a replacement option (New Option).
A Replacement Option is one in relation to which the requirements of paragraph 43 of Schedule 5 are satisfied at the time of release of the Old Option including grant by reason of the Option Holder’s employment with the Acquiring Company.
This New Option shall, for all other purposes of the Scheme, be treated as having been acquired at the same time as the Old Option.
The New Option, shall for all purposes of this Scheme be treated as having been acquired at the same time as the Old Option.
The New Option shall, for all other purposes of the Scheme, be treated as having been acquired at the same time as the Old Option.
The exercise price of a New Option equals that of an Old Option less the exercise price allocated to the Copper North and NorthIsle stock options.