Option Discount definition

Option Discount means the excess of the market price of the underlying shares as at the date of grant of the options over the exercise price of the options.

Option Discount means the excess of the market price / fair value of the

Option Discount means the excess of the market price of the share at the date of grant of the option

Examples of Option Discount in a sentence

• If an OEM Option has a positive MSRP (e.g., $1.00), then the OEM Option Discount (e.g., 10%) will provide a lower OEM Option Net Price for the individual OEM Option (e.g., $1.00 MSRP x (1-10% OEM Options Discount)] = $0.90 OEM Option Net Price); OEM Option’s Net Prices shall be rounded to the nearest whole cent.

• OEM Option’s MSRP Credits will be stated as the MSRP list price, with the OEM Option Discount applied.

• The Unit Price, Option Discount (OEM and Non-OEM), and Pickup Credit, is listed at the top of the price page for each Item.

• If an OEM Option has a positive MSRP (e.g., $1.00), then the OEM Option Discount (e.g., 10%) will provide a lower OEM Option Net Price for the individual OEM Option (e.g., $1.00 MSRP – 10% OEM Options Discount = $0.90 OEM Option Net Price); OEM Options Net Prices shall be rounded to the nearest whole cent; OEM Options MSRP Credits will be as stated in the MSRP list.

• The Option Discount (OEM and Non_OEM) is set forth in Appendix D, Number 2, Price Pages.

• The value arising from the application of the Cash Option Discount shall be allocated to the Rollover Pool for the benefit of Shareholders electing, or deemed to have elected for, the Rollover Option.

• Option’s MSRP Credits will be stated as the MSRP list price, with the Option Discount applied.

• If an Option has a positive MSRP (e.g., $1.00), then the Option Discount (e.g., 10%) will provide a lower Option Net Price for the individual Option (e.g., $1.00 MSRP x (1- 10% Options Discount)] = $0.90 Option Net Price); Option’s Net Prices shall be rounded to the nearest whole cent.

• Values entered for OEM Option Discount or Options without bidding the Representative Model’s Base Vehicle Price11 may be rejected as non- responsive.

• The Option Discount (OEM and Non-OEM) is listed at the top of the price page for each Item.