Option Cap definition

Option Cap has the meaning set forth in Section 4.1.1.
Sample 1Sample 2Sample 3
Option Cap means the product of (a) the Common Stock Exchange Ratio, multiplied by (b) the number of shares of Company Common Stock subject to the Outstanding Company Option Awards immediately prior to the Effective Time.
Sample 1

Examples of Option Cap in a sentence

  • The Exchange also proposes to increase the Firm-Related Equity Option and Index Option Cap (‘‘Monthly Firm Cap’’) 5, which is set at $65,000 per month per firm, to $75,000 per month per firm.

  • Option: Cap eligibility for GO Zone allocations at $100 million per firm per year.

  • If applicable Holders elect the Cash- Out Option in an amount that would exceed the Cash-Out Option Cap, in the aggregate, then any remaining portion of a Holder’s Claim that does not receive treatment pursuant to the Cash-Out Option will receive the treatment such Holder would otherwise be entitled to if such Holder did not elect the Cash-Out Option.

  • Even with the assessment of the $0.05 license fee per contract side, the fee caps and rebates should continue to encourage specialists and ROTs to provide liquidity for dividend spread strategy transactions.The Exchange is also proposing to add a “Q” to the trading symbol “QQQ” on its$60,000 “Firm Related” Equity Option and Index Option Cap Fee Schedule to reflect the current trading symbol of the Nasdaq-100 Index Tracking Stocksm.

  • The Exchange will not make adjustments to billing invoices where transactions are commingled in accounts which are not subject to the Firm Related Equity Option Cap.

  • For the avoidance of doubt, if the holder is issued, in aggregate, an amount of Options equal to the Option Cap while any Performance Right remains unvested then no further Options may be issued in respect of those unvested Performance Rights and those unvested Performance Rights will automatically lapse and be cancelled.

  • A detailed forecast has been made on the main subsidy budgets and this indicates a surplus of £0.175m.

  • The purpose of the proposed rule change is to no longer include the options transaction charge associated with the sector index options in the $75,000 Firm-Related Equity Option and Index Option Cap calculation.

  • This Firm Related Equity Option Cap is not applicable to electronic trading in Standard and Poor’s Depositary Receipts/SPDRs (‘‘SPY’’), PowerShares QQQ Trust (‘‘QQQQ’’)®; Ishares Russell 2000 (‘‘IWM’’) and Citigroup Inc.

  • Exchange’s $60,000 Firm Related Equity Option and Index Option Cap Schedule.

Related to Option Cap

  • Number of Shares As of any date, the product of (i) the Number of Options, (ii) the Conversion Rate and (iii) the Applicable Percentage.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Option means a stock option granted pursuant to the Plan.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • 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.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

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

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • 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.

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

  • Retraction Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions.

  • Liquidation Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

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