Stock Option Plan Committee definition

Stock Option Plan Committee means that committee of the Board of Directors (or any other successor committee designated by the Board) that is designated by the Board to administer this Plan specifically with respect to Awards to Non-Executive Officers. The members of the Stock Option Plan Committee shall be appointed from time to time by, and shall serve at the discretion of, the Board. If the Stock Option Plan Committee does not exist or cannot function for
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Stock Option Plan Committee means the committee appointed by the Board to administer this Plan pursuant to Section 4.1. "SUBSIDIARY CORPORATION" means any Subsidiary Corporation as defined in Section 425(f) of the IRC.
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Stock Option Plan Committee means the committee appointed by the Board to administer this Plan pursuant to Section 4.1.
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Examples of Stock Option Plan Committee in a sentence

  • A majority of members of a committee shall constitute a quorum for the transaction of business and the act of a majority of those present shall be the act of the committee (except with respect to the Compensation and Organization Committee, in which any act of the Compensation and Organization Committee when acting as the Stock Option Plan Committee under any stock option plan, must be authorized and approved by at least (3) members).

  • The Board of Directors shall appoint a Stock Option Plan Committee (hereinafter called the "Committee") which shall consist of not less than three (3) members, at least one of whom shall be a Director of the Company.

  • In the event of Disability of the Grantee (as determined by the Board of Directors of the Company or the 1997 Stock Option Plan Committee of the Company, as the case may be, and as to the fact and date of which the Grantee is notified by the Board or that Committee, as the case may be, in writing), the Option shall be exercisable within one (1) year after the date of such Disability, but in any event not later than the date on which the option terminates under this Agreement.

  • We are pleased to notify you that by the determination of the Stock Option Plan Committee (herein called the "Committee") a non-incentive stock option to purchase 4,000 shares of the Common Stock of Nexell Therapeutics Inc.

  • The Optionee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board of Directors and, where applicable, the Stock Option Plan Committee, upon any questions arising under the Plan.

  • The Company's Board of Directors ("Board") may appoint and maintain as administrator of this Plan the Non-Statutory Stock Option Plan Committee (the "Committee") of the Board which shall consist of at least three members of the Board.

  • A majority of members of a committee shall constitute a quorum for the transaction of business and the act of a majority of those present shall be the act of the committee (except with respect to the Compensation Committee, in which any act of the Compensation Committee when acting as the Stock Option Plan Committee under any stock option plan, must be authorized and approved by at least two members).

  • No member of the Board or the Stock Option Plan Committee or any designee thereof will be liable for any action or inaction with respect to this Plan or any Stock Option or any transaction arising under this Plan or any Stock Option, except in circumstances constituting bad faith of such member.

  • A majority of members of a committee shall constitute a quorum for the transaction of business and the act of a majority of those present shall be the act of the committee (except with respect to the Compensation Committee, in which any act of the Compensation Committee when acting as the Stock Option Plan Committee under any stock option plan, must be authorized and approved by at least two (2) members).

  • The Board may disband the Stock Option Plan Committee at any time and revest in the Board the administration of this Plan.


More Definitions of Stock Option Plan Committee

Stock Option Plan Committee. (the "Committee") of the Board of Directors of the Company, pursuant to the Quaker Fabric Corporation 1997 Stock Option Plan, annexed hereto as Exhibit A (the "Plan"), has authorized this grant to the Participant, as an Eligible Employee of the Company and/or its Designated Subsidiaries (as defined in the Plan), of a Non-Qualified Stock Option (the "Option") to purchase the number of shares of the Company's common stock, par value $.01 per share (the "Common Stock"), set forth below. The parties hereto desire to enter into this Agreement in order to set forth the terms of the Option. Accordingly, the parties hereto agree as follows:
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Stock Option Plan Committee means the committee appointed by the Board to administer this Plan pursuant to Section 4.1. Such Stock Option Plan Committee may be a Compensation Committee appointed by the Board and charged with administration of matters in addition to this Plan.
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Related to Stock Option Plan Committee

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the 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.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • 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.

  • the Committee means the Committee of Management of the Association referred to in rule 10 (1);

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Company Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • the Plan means the plan annexed hereto

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • 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.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • This Plan means, in a COB provision, the part of the contract providing the health care benefits to which the COB provision applies and which may be reduced because of the benefits of other plans. Any other part of the contract providing health care benefits is separate from this plan. A contract may apply one COB provision to certain benefits, such as dental benefits, coordinating only with similar benefits, and may apply another COB provision to coordinate other benefits.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.