Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Company Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.
Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Rollover Options has the meaning provided in Subsection 3.1(h).
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.
SARS means the South African Revenue Service.
Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.
Company Stock Option Plans means the Company’s 2000 Employee Stock Option Plan, 1997 Employee Stock Option Plan and 1995 Stock Option Plan, in each case as amended.
Company Options means options to purchase shares of Company Common Stock.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Parent Option means an option to purchase shares of Parent Common Stock.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock 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.
Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.
Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;
Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.
Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.
Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.
Company RSUs means any restricted stock units granted under any of the Company Equity Plans.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.