Retention Options definition

Retention Options shall have the meaning set forth in Section 5(c).
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Retention Options has the meaning set forth in Section 1.8.
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Retention Options shall have the meaning given such term in Section 3(k) of the First Amendment.
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Examples of Retention Options in a sentence

  • In addition, the Retention Options shall become fully vested and immediately exercisable.

  • In no event shall the Retention Options be exercisable beyond the Option Term.

  • The exercise price per share of the Retention Options will be the closing price per share of the Company common stock on the date of grant.

  • The Retention Options will vest at a rate of one-third of the total Retention Options on each of the first three anniversaries of the date of grant, subject to continued employment through the applicable vesting date.

  • The Retention Options shall have a term of ten years and have terms and conditions not inconsistent with those set forth in this Agreement.

  • Retention Options with a value (based on the Valuation Method) equal to the non-cash portion of the Aggregate Retention Amount shall be granted to the Executive in two portions with at least one-half of such Retention Options granted on the Commencement Date and the remaining portion granted before January 31, 1999.

  • The aggregate number of Retention Options to be granted as a percentage of the Retention Pool shall be determined as of the date hereof based on the Black-Scholes option pricing model at a .315 valuation (the "Valuation Method").

  • The Retention Pool and the Aggregate Retention Amount shall be payable as to 44% of such amounts in cash and as to 56% of such amounts in non-qualified stock options to acquire shares of KeyCorp common stock (the "Retention Options").

  • In addition, all Retention Options that have not been exercised prior to the date that the Executive violates any of the covenants set forth in Section 9(a) or 9(b), or materially violates any of the covenants set forth in Section 9(c), 9(e), or 9(f) and all Retention RSUs that have not become vested prior to the date of such breach shall thereupon be forfeited.

  • Any unvested Retention Options will be forfeited in their entirety upon the termination of your employment for any reason, including your resignation, except as otherwise provided in the applicable award agreement.


More Definitions of Retention Options

Retention Options means options to purchase Seller Common Stock to be granted to persons identified by Parent and Seller, which (i) shall be granted under Seller's 2000 Stock Option Plan, (ii) shall have an exercise price as designated by Seller with the approval of Parent, and (iii) shall be subject to option agreements, in each case, in form and substance satisfactory to Parent.
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Retention Options means up to 680,789 options to be granted, unless otherwise determined by Parent, to the persons indicated, and in the amounts indicated on Exhibit D-1 hereto which options shall (i) be granted under the Company's 1998 Stock Incentive Plan, (ii) shall have no acceleration or similar provisions (other than acceleration upon a change of control of Parent), (iii) 25% of which shall vest on the one-year anniversary of the Effective Time and the remainder quarterly over the ensuing 36 months following such one-year anniversary, (iv) shall have an exercise price of not less than $2.50 per share and (v) which shall be otherwise in form and substance satisfactory to Parent.
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Retention Options means options to purchase Company Shares to be granted by the Company to certain Hired Employees in accordance with Section 3.6
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Retention Options means options to purchase up to 200,000 shares of Parent Common Stock to be granted to key Company employees pursuant to the Plan, on terms to be determined by Parent's Compensation Committee (including the number of shares and vesting of each such option, with an exercise price equal to the fair market value of Parent Common Stock on the date of grant.
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Related to Retention Options

  • Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

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

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

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

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

  • Option means a stock option granted pursuant to the Plan.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Renewal Option has the meaning set forth in §12.1.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • RSUs means that number of Restricted Stock Units listed in the Award Notice as “Restricted Stock Units Granted.”

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

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

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

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

  • Forfeiture means that portion of a Participant's Account that is not Vested, and occurs on the earlier of:

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

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

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

  • 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.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

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