Premium Options definition

Premium Options has the meaning accorded such term in Section 2.03.
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Premium Options means Options granted hereunder to purchase the number of Shares set forth under the heading "Premium Options" on the signature page hereof, at an option exercise price of $143.60 per share.
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Premium Options means, collectively, Options granted hereunder set forth under the heading "Premium Options" on the signature page hereof, if any, at an option exercise price of $______ per LLC Unit.
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Examples of Premium Options in a sentence

  • The options granted hereunder are “Nonqualified Stock Options” and are referred to herein as “Options.” One-half of the total number of Options granted hereunder will be Market Options and one-half of the total number of Options granted hereunder will be Premium Options.

  • Any shares subject to the Premium Options that become vested and exercisable in accordance with the foregoing shall remain exercisable from the date of such termination of employment until the date that is 90 days following the date that such shares would otherwise have become vested and exercisable in accordance with the vesting schedule set forth in Section 5 hereof in the absence of the foregoing acceleration of vesting.

  • Notwithstanding the foregoing, the parties hereto shall enter into stock option agreements in respect of the Time-Vested Option and the Premium Options, setting forth terms and conditions consistent with the provisions of this Agreement and such other terms and conditions approved by the Compensation Committee and consistent with the Company's Executive Stock Incentive Plan.

  • Any shares subject to the Premium Options that become vested and exercisable in accordance with the foregoing shall remain exercisable from the date of such termination of employment until the date that is 90 days following the date that such shares would otherwise have become fully vested in accordance with the vesting schedule set forth in Section 5 hereof in the absence of the foregoing acceleration of vesting.

  • With respect to the Options, 50% shall be Time-Based Options, as such term is defined in the Option Agreements, 25% shall be Premium Options, as such term is defined in the Option Agreements, and 25% shall be Performance Based Options, as such term is defined in the Option Agreements.

  • Notwithstanding anything to the contrary in this Agreement, 57,505 of the Regular Options and all of the Premium Options (together, the “Approval-Subject Options”) are granted expressly subject to and conditioned upon (and may not be exercised, in whole or in part, until) the approval by the Company’s stockholders at or before the Company’s 2021 Annual Meeting of Stockholders of a sufficient increase in the number of Shares available for issuance under the Plan to cover the Approval-Subject Options.

  • In the event that a Participant’s Employment with the Company is terminated by the Company without Cause or by the Participant for Good Reason during the two (2)-year period following a Change in Control of the Company (a “Qualifying Termination”), all of the Participant’s outstanding Time Based Options and Premium Options shall immediately vest and become exercisable as of the date of such termination of Employment.

  • Any Change in Control Option Spread with respect to Time-Based Options or Premium Options that are forfeited shall promptly be returned to the Company and the Participant shall cease to have any rights with respect thereto.

  • In addition, each Eligible Employee receiving Options will receive additional non-qualified stock options ("Premium Options") equal in number to 15% of the number of Options.

  • One-half of these stock options will have an exercise price equal to Fair Market Value ("FMV Options") and the other half will have an exercise price equal to 130% of Fair Market Value ("Premium Options").


More Definitions of Premium Options

Premium Options means, collectively, Options granted hereunder set forth under the heading "Premium Options" on the signature page hereof, if any, at
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Premium Options means options granted to acquire shares in the Company at Premium Value;
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Related to Premium Options

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Company Equity Awards means the Company Options and the Company RSUs.

  • Compensation Options has the meaning ascribed thereto in the opening paragraphs of this Agreement;

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

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

  • Top-Up Option has the meaning set forth in Section 1.4(a).

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Option Plans has the meaning assigned thereto in Section 2.5(b).

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Vesting mean that the Units have become non-forfeitable. If Employee has a Termination of Employment prior to the Stated Vesting Date and the Units are not otherwise deemed vested by that date, the Units will be immediately forfeited except as otherwise provided in Section 4 of the Terms and Conditions.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Incentive Shares means Shares awarded pursuant to the provisions of Article 12.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

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