Outside Director Stock Option definition

Outside Director Stock Option means an Option granted under Section 8.
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Outside Director Stock Option means an award to an Outside Director under Section 11 below.
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Outside Director Stock Option means an Option granted under Section 8. (bb) “Participant” means a person granted an Award.(cc) “
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Examples of Outside Director Stock Option in a sentence

  • The exercise price per share of Stock purchasable under an Outside Director Stock Option shall be the Fair Market Value per share on the date the Outside Director Stock Option is granted.

  • Upon exercise of an Outside Director Stock Option (or a portion thereof), the Company shall have a reasonable time to issue the Stock for which the Outside Director Stock Option has been exercised, and the Outside Director shall not be treated as a stockholder for any purposes whatsoever prior to such issuance.

  • No Outside Director Stock Option shall be exercisable more than seven years after the date that the Outside Director Stock Option is granted.

  • No shares of Stock shall be issued upon exercise of an Outside Director Stock Option until full payment therefor has been made.

  • It is anticipated that results from Step 1 can be available for preliminary presentation at the annual meeting of the Commission in December 2010.

  • Stock Option Plan and Outside Director Stock Option Plan S-8 Registration Statement for True North 333-80239 6/9/99 Communications Inc.

  • Notwithstanding the foregoing, a form of payment shall not be permitted to the extent it would cause the Company to recognize a compensation expense (or additional compensation expense) with respect to the Outside Director Stock Option for financial reporting purposes.

  • Any Outside Director Stock Option that is unvested at the date of termination of the Outside Director’s provision of services shall be forfeited upon such termination.

  • In the event of the dissolution or liquidation of the Company, or a merger, reorganization or consolidation in which the Company is not the surviving corporation, then, except as otherwise provided herein and/or in the discretion of the Administrator, each Stock Option and Outside Director Stock Option, to the extent not theretofore exercised, shall terminate forthwith.

  • Outside Director Stock Options may be exercised, in whole or in part, by giving written notice of exercise to the Company specifying the number of shares of Stock subject to the Outside Director Stock Option to be purchased.

Related to Outside Director Stock Option

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Outside Director means a Director who is not an Employee.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Inside Director means a Director who is an Employee.

  • Outside Directors means members of the Board who are not officers of the Company or any of its Subsidiaries and who are not Acquiring Persons or representatives, nominees, Affiliates or Associates of Acquiring Persons.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Nonemployee Director means a Director who is not an Employee.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Director Option means an Option granted pursuant to Section 6.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Employee Director means a member of the Board of Directors of the Company that is also an Employee of the Company.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • 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.

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Non-Employee Directors means that term as defined in Rule 16b-3 under the 1934 Act.

  • Section 162(m) Award means a Performance Award granted under Section 6(k)(i) to a Covered Employee that is intended to satisfy the requirements for “performance-based compensation” within the meaning of Section 162(m).