Restoration Option definition

Restoration Option means an Option granted pursuant to Section 6(e) of the Plan.

Restoration Option means a Stock Option that is awarded upon the exercise of a Stock Option earlier awarded under the Plan (an "Underlying Option") for which the exercise price is paid in whole or in part by tendering shares of Common Stock previously owned by the Participant, where such Restoration Option (i) covers a number of shares of Common Stock no greater than the number of previously owned shares tendered in payment of the exercise price of the Underlying Option plus the number of shares withheld to pay taxes arising upon such exercise, (ii) the expiration date of the Restoration Option is no later than the expiration date of the Underlying Option and (iii) the exercise price per share of the Restoration Option is no less than the Fair Market Value per share of Common Stock on the date of exercise of the Underlying Option.

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

Examples of Restoration Option in a sentence

• Based on the recommendations of the IHRP the Trustee Council has stated in the FY12 request for proposals that they have chosen Restoration Option #2, Enhanced Monitoring, as the focus for their research interests.

• The Enhanced Restoration Option requires that You signa Limited Power of Attorney.

• In the event that any Participant delivers Shares in payment of the exercise price of any Option granted hereunder in accordance with paragraph (e) above, the Committee shall have the authority to grant or provide for the automatic grant of a Restoration Option to such Participant.

• A Restoration Option shall have a per share exercise price of not less than 100% of the Fair Market Value of a Share on the date of grant of such Restoration Option, a term not longer than the remaining term of the original Option at the time of exercise thereof, and such other terms and conditions (including provisions relating to forfeiture of such Restoration Options in the event that specified share ownership is not maintained) as the Committee in its sole discretion shall determine.

• The Notice of AGM, Annual Report and Attendance Slip are being sent in electronic mode to Members whose email address is registered with the Company or the Depository Participant(s), unless the Members have registered their request for the hard copy of the same.

More Definitions of Restoration Option

Restoration Option means a stock option granted pursuant to Section 6(f).

Restoration Option means an Option granted under Section 5(f).

Restoration Option means a stock option granted pursuant to Section 6(e). (aa) “Restricted Stock” shall mean any Share granted under Section 7 of the Plan. (bb) “Restricted Stock Unit” shall mean any unit granted under Section 7 of the plan.

Restoration Option means an Option that is granted in connection with the exercise of an Incentive Stock Option or a Nonqualified Stock Option as more particularly described in Section 6.10 herein.

Restoration Option means an Option granted under Section 6(a)(iv) of the Plan.

Restoration Option means an Option granted upon exercise of an outstanding Option, provided that the exercise price is paid by tendering previously owned shares of Common Stock by the Employee or Director.

Restoration Option means a Non-Qualified Stock Option granted pursuant to Section 6.01(f).