Share Withholding Option has the meaning set forth in Section 2.1 hereof.
Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.
Top-Up Option has the meaning set forth in Section 1.04(a).
Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;
Income-withholding order means an order or other legal
Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.
Applicable Withholding Taxes means the minimum aggregate amount of federal, state and local income and payroll taxes that the Company is required by applicable law to withhold in connection with any Incentive Award.
RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.
Initial Exercise Price shall have the meaning set forth in Section 2.4.1.
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.
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.
Required Withholding Amount has the meaning specified in Section 5 of this Agreement.
Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.
Rollover Option has the meaning set forth in Section 2.4(a).
option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;
Replacement Option has the meaning ascribed thereto in Section 2.2(c).
the award , except in sub-paragraph (2), means—
Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).
RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).
Tax Withholdings means tax, social insurance and social security liability or premium obligations in connection with the awards under the Plan, including without limitation: (a) all federal, state, and local income, employment and any other taxes (including the Participant’s U.S. Federal Insurance Contributions Act (FICA) obligation) that are required to be withheld by the Company Group, (b) the Participant’s and, to the extent required by the Company Group, the fringe benefit tax liability of the Company Group associated with an award under the Plan, and (c) any other taxes or social insurance or social security liabilities or premium the responsibility for which the Participant has, or has agreed to bear, with respect to such award under the Plan.
RSUs means restricted stock units.
Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.
SARS means the South African Revenue Service.
Warrant Exercise Price means $0.05 per share.
SAR means a stock appreciation right granted under the Plan.