Replacement Option Grant Date definition

Replacement Option Grant Date means the date that we grant Replacement Options, which is approximately six months and one day after the Expiration Date; provided, however, that if no sales of our common stock are reported on such date, then the Replacement Option Grant Date shall be the next day following such date on which there is a reported sale.
Sample 1Sample 2Sample 3
Replacement Option Grant Date means the date when Replacement Options will be granted. The Replacement Option Grant Date is expected to be August 3, 2010, the same date as the Expiration Date. If the Expiration Date is extended, then the Replacement Option Grant Date will be similarly extended.
Sample 1Sample 2

Examples of Replacement Option Grant Date in a sentence

  • The number of shares subject to the Replacement Options will be adjusted for any stock splits, stock dividends, recapitalizations or similar transactions that may occur between the Expiration Date and the Replacement Option Grant Date.

  • The number of shares to be represented by the Replacement Options will be adjusted for any stock splits, stock dividends, recapitalizations or similar transactions that may occur between the Expiration Date and the Replacement Option Grant Date.

  • The Replacement Option Grant Date will be the date of the exercise of the original Option.

  • The Replacement Option shall be exercisable no earlier than one (1) year after the Replacement Option Grant Date.

  • The confirmation will confirm your election and will state the number of Replacement Options that we will grant to you on the Replacement Option Grant Date.

  • If, however, on the Replacement Option Grant Date you are on a leave of absence that is not protected by statute, then the Replacement Options will be granted on the date, if any, that you return to regular employment with us.

  • If you are an employee of ours or one of our subsidiaries as of the Expiration Date but are not employed continuously by us or one of our subsidiaries through the Replacement Option Grant Date, you will not be eligible to receive Replacement Options.

  • The Fair Market Value will be the closing price of our common stock as reported by Nasdaq on the Replacement Option Grant Date.

  • The number of shares to be represented by the Replacement Options will be adjusted for any stock split, stock dividend, recapitalization or similar transaction that may occur between the Expiration Date and the Replacement Option Grant Date.

  • The Fair Market Value will be the closing price of our common stock as reported on Nasdaq on the Replacement Option Grant Date.

Related to Replacement Option Grant Date

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

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

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

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • 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.

  • Grant Date means the date on which the Committee adopts a resolution, or takes other appropriate action, expressly granting an Award to a Participant that specifies the key terms and conditions of the Award or, if a later date is set forth in such resolution, then such date as is set forth in such resolution.

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the 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.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Initial Grant means an Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a).

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Date of Grant means the date on which the granting of an Award is authorized, or such other date as may be specified in such authorization.

  • Date of Option Grant means __________________.

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

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

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

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

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

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