Special Stock Option definition

Special Stock Option means the special stock option provided to Executive under the terms of the Employment Agreement dated May 10, 1999 between Executive and the Company, which option is to purchase 50,000 shares of Common Stock and becomes exercisable over a five-year vesting period in five equal annual installments beginning May 10, 2000, subject to the terms, conditions and adjustments set forth in Section 8 below.
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Special Stock Option means the stock option referred to in Section 6(A).
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Special Stock Option means the stock option referred to in Section 6(a) of the Old Employment Agreement.
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Examples of Special Stock Option in a sentence

  • The Special Stock Option Grant will vest in seven equal annual installments commencing one (1) year from the date of the grant, and shall in all regards be governed by the terms of the Wal-Mart Stores, Inc.

  • The Special Stock Option Grant will be in addition to any other stock options, restricted stock, stock grants, or similar entitlements that the employee may receive, or may previously have received, under any other plan or program maintained by Wal-Mart.

  • During the 12-month period following the Termination Date, all unvested stock options (other than the Special Stock Option) will continue to vest as if the Executive were still employed with the Company.

  • All stock options, other than the Special Stock Option, which are not vested or exercised as of 12 months following the Termination Date will be forfeited.

  • The parties recognize that in some jurisdictions, Automotive employees were granted rights other than stock options in lieu of the Special Stock Option Award of 100 options per grantee, and in those jurisdictions, the outstanding rights will be adjusted comparably.

  • If the Associate executes this Agreement on or before July 31, 1998, Wal-Mart will award to the Associate a Special Stock Option Grant equivalent to One Hundred Percent (100%) of the Associate's base salary in effect on the date of this Agreement.

  • This Option is not being granted pursuant to the Company's 1995 Stock Option Plan, as amended, but pursuant to the Company's Special Stock Option Plan (the "Plan").

  • The parties recognize that in some jurisdictions, Automotive Group employees were granted rights other than stock options in lieu of the Special Stock Option Award of 100 options per grantee, and in those jurisdictions, the outstanding rights will be adjusted comparably.

  • As of December 31, 1995, there were outstanding under the Fresenius USA 1976 Stock Option Plan, the Fresenius USA 1985 Special Stock Option Plan, the Fresenius USA 1987 Stock Option Plan, the Fresenius USA 1989 Special Stock Option Plan and the Fresenius USA Directors' Stock Option Plan (collectively, the "Fresenius USA Stock Plans") options to acquire an aggregate of 2,146,395 Fresenius USA Common Shares (subject to adjustment on the terms set forth in the Fresenius USA Stock Plans).

  • Except as provided in this Amendment No. 3, the rights and duties of the parties pursuant to the Special Stock Option Agreement shall remain in full force and effect.


More Definitions of Special Stock Option

Special Stock Option means the option to purchase all or a lesser number of Twenty Thousand (20,000) Class A Common Shares of the Company in the event of
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