Option Entitlement definition

Option Entitlement. A number equal to the product of the Applicable Percentage and 36.2398. Strike Price: USD 27.5940 Premium: USD 1,103,827.50 Premium Payment Date: May 27, 2015 Exchange: The NASDAQ Global Select Market Related Exchange(s): All Exchanges Excluded Provisions: Section 14.03 and Section 14.04(h) of the Indenture.

Option Entitlement means the nominal amount, stated as an amount in the relevant currency, specified as such in the relevant Confirmation, which is the nominal amount of the relevant Bonds to which one Option relates.「期權權益」是指在相關確認書中規定的面值 (以相關貨幣為單位)，其為與期權有關的相關債券的面值。

Option Entitlement. A number equal to the product of the Applicable Percentage and [______]12. Strike Price: USD [______] Cap Price: USD [______] Premium: USD [______] Premium Payment Date: [__________], 2022 Exchange: The Nasdaq Global Select Market Related Exchange(s): All Exchanges Excluded Provisions: Section [14.04(h)]13, Section [14.03]14 [and Section 16.06] of the Indenture.

Examples of Option Entitlement in a sentence

• The “Option Equity Percentage” as of any day is the fraction, expressed as a percentage, (A) the numerator of which is the sum of (1) the product of the Number of Options and the Option Entitlement and (2) the aggregate number of Shares underlying any other call option transaction sold by Dealer to Counterparty, and (B) the denominator of which is the number of Shares outstanding.

• Method of Adjustment: Calculation Agent Adjustment, which means that, notwithstanding Section 11.2(c) of the Equity Definitions, upon any Potential Adjustment Event, the Calculation Agent, acting in good faith and in a commercially reasonable manner, shall make a corresponding adjustment to any one or more of the Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise, settlement or payment for the Transaction.

• Method of Adjustment: Calculation Agent Adjustment, which means that, notwithstanding Section 11.2(c) of the Equity Definitions, upon any Potential Adjustment Event, the Calculation Agent shall make a corresponding adjustment to any one or more of the Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise, settlement or payment for the Transaction.

• The product of the Number of Options, the Option Entitlement and the Applicable Percentage.

• Counterparty represents that it could have purchased Shares, in an amount equal to the product of the Number of Options and the Option Entitlement, on the Exchange or otherwise, in compliance with applicable law, its organizational documents and any orders, decrees, contractual agreements binding upon Counterparty, on the Trade Date.

More Definitions of Option Entitlement

Option Entitlement in health insurance means that the policyholder, in the event of the insured’s pay rise and once (1) a year, is entitled to increase the sum insured by one (1) level upon certification of full work capacity.

Option Entitlement in life insurance means that the policyholder, in the event of a particular family event and once (1) a year, upon certification of full work capacity, is entitled to increase the sum insured by one (1) level.

Option Entitlement. A number equal to the product of the Applicable Percentage and [ ]14. Strike Price: [ ]15 Premium: USD [ ] Premium Payment Date: [ ], 2020 Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges; provided that Section 1.26 of the Equity Definitions shall be amended to add the words “United States” before the word “exchange” in the tenth line of such section. Excluded Provisions: Section 13.04(h) and Section 13.03 of the Indenture. Procedures for Exercise. 11 Include for base bond hedge. 12 Include for additional bond hedge. 13 For the Base Call Option Confirmation, this is equal to the number of Convertible Notes in principal amount of $1,000 initially issued on the closing date for the Convertible Notes. For the Additional Call Option Confirmation, this is equal to the number of additional Convertible Notes in principal amount of $1,000. 14 Insert the initial Conversion Rate for the Convertible Notes. 15 Insert the initial Conversion Price for the Convertible Notes.

Option Entitlement means, in respect of a Share Option Transaction, the number of Shares per Option specified as such in the relevant Confirmation and, in respect of a Basket Option Transaction, the number of Baskets per Option specified as such in the relevant Confirmation.「期權權益」指對於一項股票期權交易而言，於相關確認書中列明的每一期權的股票數量；及對於一籃子期權交易而言，相關確認書中列明的每一期權的一籃子數量。

Option Entitlement. As of any date, a number equal to the product of the Applicable Percentage and the Conversion Rate as of such date (as defined in the Supplemental Indenture, but without regard to any adjustments to the Conversion Rate pursuant to Section 4.04(f) or (g) or Section 4.06 of the Supplemental Indenture and subject to “Method of Adjustment” below), for each Convertible Note. Strike Price: USD 23.1508 Premium: USD 17,881,500 Premium Payment Date: June 10, 2009 Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Procedures for Exercise: Exercise Period(s): Notwithstanding anything to the contrary in the Equity Definitions, an Exercise Period shall occur with respect to an Option hereunder only if such Option is an Exercisable Option (as defined below) and the Exercise Period shall be, in respect of any Exercisable Option, the period commencing on, and including, the relevant Conversion Date and ending on, and including, the Scheduled Valid Day immediately preceding the first day of the relevant Settlement Averaging Period in respect of such Conversion Date; provided that in respect of Exercisable Options relating to Convertible Notes for which the relevant Conversion Date occurs on or after March 15, 2014, the final day of the Exercise Period shall be the Scheduled Valid Day immediately preceding the Expiration Date.

Option Entitlement. As of any date, a number equal to the product of the Applicable Percentage and the Conversion Rate as of such date (as defined in the Supplemental Indenture, but without regard to any adjustments to the Conversion Rate pursuant to Section 6.04(h), 6.04(i) or 6.07 of the Supplemental Indenture), for each Convertible Note. Strike Price: USD 15.9630 Premium: USD 16,942,579.00; provided that no Premium shall be payable on the Premium Payment Date if the Effective Date does not occur pursuant to the proviso to the definition of “Effective Date” above. Premium Payment Date: May 14, 2008 Exchange: The NASDAQ Global Select Market Related Exchange(s): All Exchanges Procedures for Exercise: Exercise Period(s): Notwithstanding anything to the contrary in the Equity Definitions, an Exercise Period shall occur with respect to an Option hereunder only if such Option is an Exercisable Option (as defined below) and the Exercise Period shall be, in respect of any Exercisable Option, the period commencing on, and including, the relevant Conversion Date and ending on, and including, the Scheduled Valid Day immediately preceding the first day of the relevant Settlement Averaging Period in respect of such Conversion Date; provided that in respect of Exercisable Options relating to Convertible Notes for which the relevant Conversion Date occurs on or after the sixty-fifth (65th) Scheduled Valid Day immediately preceding the Expiration Date (the “Changeover Date”), the final day of the Exercise Period shall be the Scheduled Valid Day immediately preceding the Expiration Date.

Option Entitlement in life insurance means that the policyholder, in the event of a particular family event and once (1) a year, upon certification of full work capacity, is entitled to increase the sum insured by one (1) level. Under some group agreements a maximum amount for the option entitlement applies, in which case this is shown in the special application document.