Option Installment definition

Option Installment means an Award Installment of Stock Options.
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Option Installment means an Award Installment of Stock Options. “Option Term” has the meaning assigned to it in Section 7(b)(2).
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Option Installment means an Award Installment of Stock Options. 2 the Plan.
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Examples of Option Installment in a sentence

  • The Weighted Realized Percentages shall then be added together to determine the “Sum Realized Percentage.” If the Sum Realized Percentage equals or exceeds 100% for such year, then all of the portion of the Option covered by the Annual Performance Option Installment for such year shall vest.

  • At the time of exercise, the Participant shall exercise no less than a portion of the Vested Options equal to one-hundred (100) underlying Shares for each of the Installment 1 Option, Installment 2 Option, Installment 3 Option, Installment 4 Option and Installment 5 Option.

  • Upon a Participant’s Termination of Employment due to death or Disability, any Option Installment that is not exercisable at the time of such Termination of Employment shall vest and become exercisable and the then exercisable portion of the Option shall be exercisable during the period: (1) beginning on the date of such Termination of Employment and (2) ending on the earlier of (I) the third anniversary of such Termination of Employment or (II) the Expiration Date.

  • Peroxide oxidation of n-octane over Na-Fe-silicalite-1 and H-Fe- Silicalite-1 catalysts.

  • All Option Installment Payments (Spacecraft and Launch Vehicle) that the Contractor or the Launch Vehicle Agency receives from ORION under the Option Agreement shall be applied against Milestone Payments and Progress Payments, respectively.

  • You may, however, exercise Option Installment I (and, if they have not expired pursuant to the foregoing sentence, Option Installment II and Option Installment III) in whole or in part within the three (3) month period following your retirement (but not later than the date upon which this option would otherwise expire), whether or not Option Installment I was otherwise exercisable on the date of retirement.

  • Furthermore, as valorisation is a broad notion, the boundaries of this study needs to be defined.

  • The date by which Purchaser has provided the writing(s) described in clauses (i) and (iii) and has remitted the Option Initial Fee as described in clause (ii) shall be referred to herein as the “Option Exercise Date.” Purchaser shall make each such Option Installment Fee payment to Seller (without any required notice by Seller) by wire transfer on each of the first five (5) anniversaries of the Option Exercise Date.

  • ORION shall make all Option Installment Payments (Spacecraft and Launch Vehicle) to MMS by transferring the amounts required to be paid to the MMS account designated in Article 6.

  • The options shall vest in four (4) nearly equal annual installments (each, an "Option Installment") beginning on the first anniversary of the date hereof, subject to Executive's continued employment on such date.

Related to Option Installment

  • Balloon Instalment has the meaning given in Clause 8.1;

  • Payable in installments means that payment is required or permitted by agreement to be made in more than four periodic payments, excluding a down payment. If any periodic payment other than the down payment under an agreement requiring or permitting two or more periodic payments is more than twice the amount of any other periodic payment excluding the down payment, a transaction is “payable in installments”.

  • Annual Installment means the portion of the PACE loan that is due and payable for a particular year under the supplemental agreement.

  • Principal Installment means, as of any date of calculation, (i) the aggregate principal amount of Outstanding Bonds due on a certain future date, reduced by the aggregate principal amount of such Bonds which would be retired by reason of the payment when due and application in accordance with the Resolution of Sinking Fund Payments payable before such future date plus (ii) the unsatisfied balance, determined as provided in the Resolution, of any Sinking Fund Payments due on such certain future date, together with the aggregate amount of the premiums, if any, applicable on such future date upon the redemption of such Bonds by application of such Sinking Fund Payments in a principal amount equal to said unsatisfied balance.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

  • Installment as defined in Section 2.12.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Option to Extend has the meaning given that term in Section 2.13.

  • Option 1 [X] Yes, but only with respect to a Contributing Participant's Elective Deferrals.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Option Period means the period during which an Option may be exercised.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Minimum Royalty has the meaning set forth in Section 4.4(c).

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Renewal Option has the meaning set forth in §12.1.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Installment Date as defined in Section 2.12.

  • Signature Date means the date of signature of this Agreement by the Party last signing;

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.