Reference Option definition

Reference Option means an option traded on a Regulated Market or any other market which is identical to (i) the related Listed Option and
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Reference Option. An Option, other than an incentive stock option, to which a Right shall relate.
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Reference Option means an option traded on a Regulated Market or any other mar- ket which is identical to (i) the related Listed Op- tion and (ii) any contract entered into by Saxo Bank and a Liquidity Provider in relation to the Listed Option;
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Examples of Reference Option in a sentence

  • The exercise of a Tandem SAR shall automatically result in the surrender of the applicable portion of its Reference Option.

  • A Tandem SAR shall terminate and no longer be exercisable upon the termination of its Reference Option.

  • A Tandem SAR may only be exercisable at the times and, in whole or in part, to the extent that its Reference Option is exercisable.

  • The Reference Option shall terminate to the extent that the related Right is exercised.

  • If the Reference Option is a Non-Qualified Option, a Tandem SAR may be granted at or after the date of the Reference Option; if the Reference Option is an Incentive Option, the Grant Date of a Tandem SAR must be the same as the Grant Date of the Reference Option.

  • Each Right shall relate specifically to a Reference Option, then held by, or concurrently granted to, the Grantee.

  • Reference Option: An Option, other than an incentive stock option, to which a Right shall relate.

  • A "Tandem SAR" means an SAR granted with reference to a Stock Option (the "Reference Option").

  • For purposes of payment of an SAR, the reference price per Share shall be the Option Price of the Reference Option in the case of a Tandem SAR and shall be the Fair Market Value of a Share on the Grant Date in the case of a Non-Tandem SAR.

  • For purposes of payment of a SAR, the reference price per Common Share shall be the Option Price of the Reference Option in the case of a Tandem SAR and shall be the Fair Market Value of a Common Share on the Grant Date in the case of a Non-Tandem SAR.


More Definitions of Reference Option

Reference Option means an option traded on a Licensed Market or any other market which is identical to (i) the related Listed Option and (ii) any contract entered into by Saxo Capital Markets and a Liquidity Provider in relation to the Listed Option;
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Related to Reference Option

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Make-Whole Fundamental Change Period shall have the meaning specified in Section 14.03(a).

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Underlying Reference Strike Price means, in respect of an Underlying Reference, the Underlying Reference Closing Price Value for such Underlying Reference on the Strike Date.

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).