Right to Exercise definition

Right to Exercise. The Option in respect of one-fifth (1/5) or 20.0% of the shares shall become exercisable on each of the first five anniversaries of the Date of Grant, if the Optionee remains in the continuous employment of the Company through such dates.
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Right to Exercise. The Option Right shall be exercisable as of the Date of Grant as to _____ shares of Common Stock. Of the remaining _____ shares of Common Stock, the Option Right in respect of one-third of such shares shall become exercisable on each of the first three anniversaries of the Date of Grant, if the Optionee remains in the continuous employment of the Company through such date.
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Right to Exercise. On each anniversary of the Date of Grant the number of Optioned Shares equal to 20% multiplied by the initial number of Optioned Shares.
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Examples of Right to Exercise in a sentence

  • Term of Options issued as Benefits and Certain Limitations on Right to Exercise.

  • In no event, may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.4. Exercise of Option.(a) Right to Exercise.

  • If so accelerated, such Option will be considered as having vested as of the date specified by the Administrator.4. Exercise of Option.(a) Right to Exercise.

  • Notwithstanding the provisions of Section 2 "Right to Exercise Option" and Section 3 "Termination of Employment" of this Agreement, in the event of a Change in Control, any portion of this option that is then not exercisable shall become immediately exercisable.

  • The Repurchase Right described in this Section 5 of the Plan shall be in addition to the rights of the Company described in Section 4(d)(ii) of the Plan.(b)Company’s Right to Exercise Repurchase Right.

  • If Award Shares are not purchased under the Repurchase Right, the Participant and his or her successor in interest, if any, will hold any such Award Shares in his or her possession subject to all of the provisions of this Section 7 and Section 8 hereof.(b)Company’s Right to Exercise Repurchase Right.

  • The period of time within which the Option to Extend may be exercised shall not be extended or enlarged by reason of Tenant's inability to exercise the Option to Extend because of the foregoing provisions of this Paragraph, even if the effect thereof is to eliminate Tenant's Right to Exercise the Option to Extend.

  • In no event shall this Option be exercised later than the Expiration Date set forth in the Notice of Grant.3. Exercise of Option.(a) Right to Exercise.

  • This Option shall be exercisable during its term ------------------ in accordance with the provisions of Section 9 of the Plan as follows: (i) Right to Exercise.

  • Term of Options issued as Incentives and Certain Limitations on Right to Exercise.


More Definitions of Right to Exercise

Right to Exercise is set forth at Section 3.1 of the Optionee’s Stock Option Agreement dated as of the Date of Option Grant. By their signatures below, the parties hereto agree that the Option is governed by the terms and conditions of the Plan as in effect on the Date of Option Grant and the Option Agreement, both of which are attached hereto. The Optionee acknowledges receipt of a copy of the Plan and the Option Agreement, represents that he or she is familiar with the provisions contained therein, and hereby accepts the Option subject to all of the terms and conditions thereof. Further, the Optionee represents they are acquiring the Option for their own account and not for sale or distribution. OPTIONEE WORLD OF JEANS & TOPS By: Name: Xxxx Xxxxxx, Chairman & CEO Address: 00 Xxxxxxx Xxxxxx, Xxxxxxxxxx 00000 Attachments: 2007 Stock Option Plan; Stock Option Agreement Pursuant to 2007 Plan (Attachments previously provided)
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Right to Exercise schedules set forth in the Agreements, on the date of the Executive Subcommittee of the Compensation Committee’s decision as indicated on the attached Exhibit A, each of the Options granted under the Agreements shall be fully vested and exercisable as to all Shares subject to such Option for the remaining term of such Option in accordance with and subject to the terms and conditions of the Plan and the applicable Agreement.
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Related to Right to Exercise

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

  • Exercise Right means the Exercise Right as specified in § 3 (1) of the Special Conditions.

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

  • Cash Exercise with respect to Warrant Shares; and/or

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Stock Tender Exercise means a Stock Tender Exercise as defined in Section 6.3(b)(ii).

  • Exercise Form means an Exercise Form in the form annexed hereto as Exhibit A.

  • Exercise Amount has the meaning set forth in Section 2(a).

  • Date of Exercise means the date on which the Holder shall have delivered to the Company: (i) the Exercise Notice (with the Warrant Exercise Log attached to it), appropriately completed and duly signed and (ii) if such Holder is not utilizing the cashless exercise provisions set forth in this Warrant, payment of the Exercise Price for the number of Warrant Shares so indicated by the Holder to be purchased.

  • Exercised has the meaning ascribed to it in Part D of the Network Code;

  • Option to Extend has the meaning given that term in Section 2.13.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Option Exercise Notice has the meaning provided in Section 3.6 below.

  • Exercise Any Secured Creditor Remedies or “Exercise of Secured Creditor Remedies” shall mean, except as otherwise provided in the final sentence of this definition:

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

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