Prior Options definition

Prior Options means Options granted pursuant to the Prior Scheme;
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Prior Options has the meaning set forth in Section 11(b) below.
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Prior Options means those options held by Participants prior to the closing of the transactions contemplated by the Merger Agreement that were replaced by the Rollover Options.
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Examples of Prior Options in a sentence

  • Thus, in applying the $100,000 Limitation under this Option, the fair market value (determined as of the date of grant) of the shares of stock with respect to which options first become exercisable under the Prior Options during the calendar year shall first be determined.

  • If no special provision is made on Exhibit A, the $100,000 Limitation shall be applied by giving priority to options which first become exercisable during a calendar year under the Prior Options.

  • Except in certain countries outside the United States as determined by the Administrator in its sole discretion and except in the case of Six Months Prior Options, the Replacement Options will have a term of seven years and will vest over a thirty-month period with twenty percent vesting on the six-month anniversary of the grant date and the remainder vesting in equal amounts on a monthly basis.

  • Please see Question 17 for more details about Six Months Prior Options.

  • For avoidance of doubt, and without limitation, the terms of Sections 3, 4, 6.5, 15, 16, 17 and 18 of this Plan shall govern Prior Options, except to the extent that application of such terms demand otherwise.

  • The Prior Options and Prior Restricted Stock Awards are subject to the Company’s 2006 Equity Incentive Plan (the “2006 Plan”) or the Company’s 2016 Equity Incentive Plan (the “2016 Plan”) and individual stock option and restricted stock grant notices and agreements (“Award Agreements”), as applicable, including but not limited to the vesting schedules set forth therein.

  • The Replacement Options for the Six Months Prior Options will have the same term and vesting schedule as the Options they are replacing.

  • The Prior Options continue to be subject to Holdings’ equity plans and individual stock option grant notices and agreements, as applicable, including but not limited to the vesting schedules set forth therein.

  • All Prior Options have been converted into Non-Qualified Stock Options.

  • Notwithstanding the foregoing, the Prior Options shall not reduce the stock otherwise available under this Plan, for any purpose, and to the extent the application of this Plan to the Prior Options would substantively affect the rights and obligations, whether positively or negatively, of an option holder under a Prior Option when compared to the Prior Plan, the terms of the Prior Plan shall govern.


More Definitions of Prior Options

Prior Options means, collectively, Prior Vested Options and Prior Unvested Options.
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Prior Options. As a condition of the grant of Annual Performance Vested Options and Cumulative Performance Vested Options under this Option Agreement, Holder and Company hereby acknowledge and agree that, as of the Effective Date, (i) all Prior Unvested Options granted to Holder, if any, shall be deemed cancelled, and of no further force or effect; and (ii) all Prior Vested Options previously granted to Holder, if any, shall no longer be subject to the terms and conditions of the Company’s 2004 Stock Option Plan or, except as provided in the next sentence, the option agreement entered into in connection therewith, and shall instead be deemed “Options” for all purposes under the Plan and under this Option Agreement and be subject to the terms and conditions contained in each. This paragraph shall have no effect as to the number of shares of Stock subject to, and the exercise price and Expiration Date applicable to, any Prior Vested Option granted to Holder, subject to any subsequent adjustment applicable to all Options as permitted under the Plan.
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Prior Options means PNC stock options granted prior to January 1, 2001 or, in the case of reload stock options, that were or will be granted in connection with the exercise of original stock options issued prior to that date.
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Prior Options means the options to purchase an aggregate of shares of Common Stock granted to certain individuals on and .
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Prior Options means those options held by Participants prior to the closing of the transactions contemplated by the MPTC Merger Agreement that were replaced by the Rollover Options pursuant to the terms and conditions of the MPTC Merger Agreement.
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Related to Prior Options

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

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

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

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

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

  • Rights or Options means warrants, options or other rights to purchase or acquire shares of Common Stock or Convertible Securities.

  • 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.

  • Rollover Option has the meaning set forth in Section 2.4(a).

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

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

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • SARS means the South African Revenue Service.

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

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

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

  • Employee Option means an Option granted pursuant to Section 5.

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

  • Compensation Options has the meaning ascribed in Section 8.1.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.