Option Grant Agreement definition

Option Grant Agreement means an agreement, substantially in the form attached hereto as Exhibit A, entered into by each Participant and the Company evidencing the grant of each Option pursuant to the ESO Plan 2016, provided the Committee may make such changes to the form of the Option Grant Agreement for any particular grant as the Committee may determine in its absolute discretion, pursuant to its powers set forth in the ESO Plan 2016.
Sample 1Sample 2Sample 3
Option Grant Agreement means the instrument by which the Company grants an Option to a Grantee, which instrument contains the particular terms of such Option in addition to the terms set forth in the Plan.
Sample 1Sample 2Sample 3
Option Grant Agreement means an agreement, substantially in the form attached hereto as Exhibit A, entered into by each Participant and the Company evidencing the grant of each Option pursuant to the Equity Incentive Plan, provided the Committee may make such changes to the form of the Option Grant Agreement for any particular grant as the Committee may determine in its absolute discretion, pursuant to its powers set forth in the Equity Incentive Plan.
Sample 1Sample 2Sample 3

Examples of Option Grant Agreement in a sentence

  • Each Permitted Transferee shall be subject to all the restrictions, obligations, and responsibilities as apply to the Participant under the Plan and this Stock Option Grant Agreement and shall be entitled to all the rights of the Participant under the Plan, provided that in respect of any Permitted Transferee which is a trust or custodianship, the Option shall become exercisable and/or expire based on the Employment and termination of Employment of the Participant.

  • Any waiver, permit, consent or approval of any kind or character on the part of any party of any breach or default under this Option Grant Agreement, or any waiver on the part of any party or any provisions or conditions of this Option Grant Agreement, shall be in writing and shall be effective only to the extent specifically set forth in such writing.

  • This Option Grant Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument.

  • The Participant hereby acknowledges that all decisions, determinations and interpretations of the Committee in respect of the Plan, this Option Grant Agreement and the Option shall be final and conclusive.

  • In the event of any such assignment, such trust or custodianship shall be subject to all the restrictions, obligations, and responsibilities as apply to the Participant under the Plan and this Stock Option Grant Agreement and shall be entitled to all the rights of the Participant under the Plan.


More Definitions of Option Grant Agreement

Option Grant Agreement shall have the meaning set forth in Section 3.3.1.
Sample 1Sample 2
Option Grant Agreement means an agreement between the Company and an individual pursuant to which the individual is granted the right to acquire Option Shares.
Sample 1Sample 2
Option Grant Agreement means an agreement entered into by each Participant and the Company evidencing the Grant of each Option issued pursuant to the Plan (a sample of which is attached hereto as Exhibit A).
Sample 1Sample 2
Option Grant Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an Option grant. Each Option Grant Agreement will be subject to the terms and conditions of the Plan.
Sample 1
Option Grant Agreement shall have the meaning set forth in Section 3.3.1. Table of Contents
Sample 1
Option Grant Agreement means a written letter agreement between the Corporation and a Participant evidencing the grant of Options and the terms and conditions thereof, substantially in the form set out in Appendix “A”;
Sample 1
Option Grant Agreement has the meaning ascribed thereto in the recitals of this Agreement.
Sample 1