Option Plan definition

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

Option Plan shall have the meaning set forth in the third “whereas” paragraph.

Option Plan shall have the meaning set forth in Section 3(c).

Examples of Option Plan in a sentence

• The Sellers and the Company hereby acknowledge and agree that the Shareholders’ Agreement and the Option Plan are hereby terminated in all respects, in each case with no further liability or obligation to the Company and to the Sellers.

• JAG has no other securities of any nature authorized, issued, reserved for issuance or outstanding except (after giving pro forma effect to the Exchange) (i) up to 500,000 options that may be issued pursuant to the 2024 Incentive Stock Option Plan; (ii) 892,888 options to purchase Common Stock granted to EMC2 Capital LLC (“EMC2”) pursuant to a consulting agreement with EMC2 (“EMC2 Agreement”) and (iii) an aggregate of 1,917,098 options granted to certain employees of the Company.

• In connection with, but prior to the Effective Date of, the Arrangement, Spinco shall adopt the Spinco Stock Option Plan, which shall be substantially in the form attached to the Circular.

• In addition to Executive’s participation in the Stock Option Plan: (i) the Company also may issue to Executive additional stock options or other equity incentives in the sole discretion of the Board; and (ii) Executive shall be entitled to an annual cash bonus up to 60% of their Base Salary subject to the performance criteria to be agreed between Executive and the Company subsequent to the date hereof.

More Definitions of Option Plan

Option Plan means the stock option plan of the Company;

Option Plan means the Company’s share option plan adopted on November 12, 2021 by the Board, and providing for the granting of incentive options to the Company’s directors, officers, employees and consultants in accordance with the rules and policies of the Exchange;

Option Plan means the Xxxxxxx Bros., L.P. Amended and Restated Unit Option Plan, as it may be amended, amended and restated, supplemented, or otherwise modified from time to time.

Option Plan means the 1998 Chancellor Media Corporation Non-Qualified Stock Option Plan, as amended from time to time, and any successor thereto.

Option Plan means the Company’s Amended and Restated 2004 Stock Option Incentive Plan, as amended by that certain First Amendment, dated as of July 23, 2009, and the Company’s 2009 Long Term Compensation Plan, including any amendments thereto or successor plan thereof.

Option Plan means the 2000 Stock Option Plan of Dayton Superior Corporation, as amended from time to time.

Option Plan shall have the meaning set forth in the fourth recital.