Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.
Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.
Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.
Initial Exercise Price shall have the meaning set forth in Section 2.4.1.
Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.
Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).
Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.
Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.
Warrant Exercise Price means $0.05 per share.
Option Exchange Ratio means the quotient of (i) the Common Per Share Consideration divided by (ii) the Acquirer Stock Price.
SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.
Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.
Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;
Option Exercise Period has the meaning set forth in Section 6.4.
Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.
Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.
SAR means a stock appreciation right granted under the Plan.
Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.
Option means a stock option granted pursuant to the Plan.
SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.
option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;
Option Exercise Date has the meaning specified in Section 2.1.
Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:
Option Grant Date means, as to any Stock Option, the latest of:
Price Per Share shall have the meaning ascribed to such term in Section 2.1.
Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.