Stock Option definition

Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

Stock Option means any option to purchase shares of Stock granted pursuant to Section 5 below.

Stock Option or "Option" means any option to purchase shares of Stock which is granted pursuant to the Plan.

Examples of Stock Option in a sentence

• Furthermore, the Participant understands and freely accepts that there is no guarantee that any benefit whatsoever shall arise from the grant of the Stock Option, which is gratuitous and discretionary, since the future value of the Stock Option and the underlying Shares is unknown and unpredictable.

• If the obligation for Tax-Related Items is satisfied by withholding in Shares, the Participant is deemed, for tax purposes, to have been issued the full number of Shares upon exercise of the Stock Option, notwithstanding that a number of the Shares is held back solely for the purpose of paying the Tax-Related Items.

• The following provisions supplement paragraph A “Termination” of Appendix A: By accepting the Stock Option, the Participant consents to participation in the Plan and acknowledges that Participant has received a copy of the Plan.

• The Stock Option award is subject to the terms and conditions set forth in the Participant’s account at Xxxxxxx Xxxxx’x OnLine® website xxx.xxxxxxxx.xx.xxx, the provisions of the Plan and the Award Agreement.

• By accepting the Stock Option and the Award Agreement, which provide for the terms and conditions of the Stock Option, the Participant confirms having read and understood the documents relating to this Award (the Plan and the Award Agreement, including the Appendices) which were provided to the Participant in English.

More Definitions of Stock Option

Stock Option or “Option” means any option to purchase shares of Common Stock granted to Eligible Individuals granted pursuant to Article VI.

Stock Option means an option granted under Section 5.

Stock Option means a Nonqualified Stock Option or an Incentive Stock Option.

Stock Option means an option to purchase shares of Stock granted pursuant to Section 5.

Stock Option means an Award granted under Section 5.

Stock Option or “Option” means any option to purchase shares of Common Stock granted to Eligible Employees, Non-Employee Directors or Consultants pursuant to Article VI.

Stock Option or "Option" means any option to purchase shares of Common Stock (including Restricted Stock, if the Committee so determines) granted pursuant to Section 5 below.