Section 102 Options definition

Section 102 Options means Company Options granted and subject to Taxes pursuant to Section 102(b)(2) of the Ordinance.

Section 102 Options means Company Options granted and subject to tax pursuant to Section 102(b)(2) and Section 102(b)(3) of the ITO.

Section 102 Options means Company Options granted and subject to tax under Section 102(b)(2) or 102(b)(3) (if applicable) of the Israeli Tax Ordinance.

Examples of Section 102 Options in a sentence

• The rights attaching to the Shares are summarised in Section 10.2. Options Minimum SubscriptionOptions currently on issueNilOptions to be issued to the Joint Lead Managers as part consideration for their services1,1,125,000Total Options on completion of the Offers1,125,000Notes:1.

• Unlike other organisations, local authorities cannot advertise for disabled applicants to the exclusion of non-disabled people.

• At or prior to the Effective Time, Parent shall transfer or cause to be transferred (including cause the Surviving Company to transfer) (i) the aggregate Option Consideration with respect to Section 102 Options, and (ii) the Merger Consideration payable in respect of Section 102 Shares, to the Section 102 Trustee, on behalf of holders of Section 102 Securities, in accordance with Section 102 and the Option Tax Ruling, if obtained (the “102 Amounts”).

• Terms of Options are set out in Section 10.2. Options have an expiry date of 5 years from issue and a conversion price of 36.124 cents per Share.

• Notwithstanding anything to the contrary in this Agreement, any Purchaser’s RSU that substitute any Section 102 Options shall be deposited with the Section 102 trustee of the RSU Plan to be held and released in accordance with the provisions of Section 102 of the Ordinance, the Israeli Option Tax Ruling or the Interim Option Ruling.

More Definitions of Section 102 Options

Section 102 Options means Company Options granted and subject to Taxes pursuant to Section 102(b)(2) of the Ordinance. “Section 102 Securities” shall mean Section 102 Shares and Section 102 Options.

Section 102 Options means Stock Options granted pursuant to Section 102 of the Income Tax Ordinance and held in trust by the Section 102 Trustee.

Section 102 Options means Options that were purported to be granted and taxed pursuant to Section 102(b)(2) of the Israeli Tax Ordinance.

Section 102 Options means NDX Options that were granted pursuant to the provisions of Section 102(b)(2) of the Israeli Tax Ordinance.

Section 102 Options means Enlivex Options that were granted pursuant to the provisions of Section 102(b)(2) of the Israeli Tax Ordinance.

Section 102 Options means Options granted under the Option Plans and subject to tax benefits under Section 102(b)(2) of the Income Tax Ordinance.

Section 102 Options means 102 Capital Gain Stock Options and Non Trustee 102 Stock Options.