STOCK OPTIONS AND RESTRICTED STOCK definition

STOCK OPTIONS AND RESTRICTED STOCK. Due to your "Involuntary Termination" on the Termination Date, in accordance with the terms of Section 5 of your Employment Agreement all of your outstanding and unvested stock options will immediately vest (according to the terms of your Stock Option Agreements and the Company's 1995 Stock Option Plan) and the Company's right to repurchase any of your previously granted restricted stock will terminate on the Termination Date. Pursuant to the terms of StorageTek's Stock Option Plan, you will have 90 days from the Consulting Period Termination Date to exercise all of your vested options, which "exercise window" will therefore remain open until December 31, 2000. However, if because of your consulting responsibilities to the Company, your knowledge of the Company's activities may render you ineligible to trade in the Company's stock due to the possession of "material inside information", the Company will extend its consulting agreement with you such that your eligible "trading window" will be moved back to insure that you have a 90-day trading window, free from SEC trading prohibitions.
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STOCK OPTIONS AND RESTRICTED STOCK. After your successful participation in the attainment of the objectives stated above, and your continued employment through the Termination Date, all of your outstanding and unvested stock options will vest on the Termination Date (according to the terms of your Stock Option Agreements and the Company's 1995 Stock Option Plan) and the Company's right to repurchase any of your previously granted restricted stock will terminate. Pursuant to the terms of StorageTek's Stock Option Plan, you will have normally have 90 days from the Termination Date to exercise all of your vested options. However, because of your responsibilities at the Company, your knowledge of the Company's activities may render you ineligible to trade in the Company's stock due to the possession of "material inside information" after the Termination Date, therefore the Company will enter into a consulting agreement with you starting on the Termination Date and ending on September 30, 2000 whereby your eligible 90 day "trading window" will end on December 31, 2000. Should your actual termination be extended beyond the Termination Date or should you still not be eligible to trade in the Company's stock at the start of the delayed 90-day trading window starting on September 30, 2000, then by mutual agreement your consulting agreement may be extended accordingly to insure that you have a 90-day trading window, free from SEC prohibitions.
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STOCK OPTIONS AND RESTRICTED STOCK. You have until the end of the six (6) ---------------------------------- month period following December 31, 2000, to exercise any of your Jostens stock options that have become vested on or before that date. During the period beginning on December 31, 1999 and ending December 31, 2000, all of your Jostens stock options and your shares of restricted Jostens stock that were outstanding on December 31, 1999, will remain outstanding and will continue to vest according to the terms of the Jostens, Inc. 1992 Stock Incentive Plan (the "Incentive Plan") and the instruments granting those options and shares, as if you were employed by Jostens throughout that period, subject to the rights of Jostens to fully vest and redeem such options and shares at an earlier date, pursuant to the Incentive Plan, in the event of a Change in Control of Jostens, as defined in the Incentive Plan and the instruments granting those options and shares (a "Change in Control"). At the end of that period, any of those options and shares that remain outstanding and have not become vested will be automatically forfeited. Jostens represents and warrants that such options and shares will become fully vested under the terms of the Incentive Plan in the event of a Change in Control during that period.
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Examples of STOCK OPTIONS AND RESTRICTED STOCK in a sentence

  • STOCK OPTIONS AND RESTRICTED STOCK In connection with the spin-off from Campbell, we adopted the Vlasic Foods Long-Term Incentive Plan (the Plan).

  • COMPANY STOCK OPTIONS AND RESTRICTED STOCK AWARDS; ACKNOWLEDGMENT WITH RESPECT TO COMPANY STOCK PLANS.........................................................................................42 SECTION 6.13.

  • Page 2 STOCK OPTIONS AND RESTRICTED STOCK GRANTS ----------------------------------------- We have a Stock Incentive Plan for officers under which participants are selected periodically and awarded the option to purchase stock at the value at the time of the award throughout the option period.

  • The Global Fund contributed the majority of the LLINs with PMI supporting the remaining gap.

  • NOTE 14 - STOCK OPTIONS AND RESTRICTED STOCK AWARD In 1995, the Company adopted a qualified incentive stock option plan for senior officers and directors of the Company with options to be granted at the fair value of the stock at the date of grant.

  • ABG8 %$! 8@C?BL88 58A89<G C?4AF » 6bag\ahXW EXPENSE FOR THE COMBINED MANAGEMENT INCENTIVE PLANS, EXCLUD- ING EXPENSE RELATED TO ,4)0 AND 3)0 STOCK OPTIONS AND RESTRICTED STOCK AWARDS THAT ARE DISCUSSED IN .OTE 22, BELOW, WERE $148, $48 AND $101 IN 2003, 2002 AND 2001, RESPECTIVELY.

  • LUCENT STOCK OPTIONS AND RESTRICTED STOCK UNITS Pursuant to the employee benefits agreement, unvested Lucent stock options and restricted stock units held by our employees will be converted to our stock options and restricted stock units at the time of the distribution.

  • STOCK OPTIONS AND RESTRICTED STOCK....................................................

  • Our typing rules ensure that the names listed in an environment are always pairwise distinct.Environments:E ::= ˙x:T˙ environmentdom(˙x:T˙) =∆ {˙x} domain of an environment{ ← }To equate two names in an environment, needed for typing conditionals, we define a name fusion function.

  • The components of accumulated comprehensive income (loss) are as follows: in millions 20052004Accumulated other comprehensive income (loss):Currency translation adjustment $ 44 $ 21Unrealized net hedging losses, net of taxes(10)(30)Unrealized net gain (loss) on investment, net of taxes(1)1Minimum pension liability adjustment, net of taxes(5)(4)Total accumulated comprehensive income (loss)$ 28 $(12) NOTE 12: STOCK OPTIONS AND RESTRICTED STOCK Shareholders approved the Tyson Foods, Inc.


More Definitions of STOCK OPTIONS AND RESTRICTED STOCK

STOCK OPTIONS AND RESTRICTED STOCK. Beginning with the 1998 Fiscal Year and in respect of each of the following Fiscal Years during the term of this Agreement, Holdings may grant to Officer stock options and/or restricted stock for such number of shares of Holdings' common stock as the Compensation Committee in its sole discretion determines, taking into account Officer's and Holdings' performance and the competitive practices then prevailing regarding the granting of stock options and restricted stock. Subject to the foregoing, it is anticipated that the number of shares in respect of each annual stock option and/or restricted stock grant shall be in accordance with the number of shares granted to officers of Employer at a level similar to Officer's level. The stock options and/or restricted stock described in this Section 4(c) in respect of a Fiscal Year shall be granted at the same time as Holdings grants stock options and/or restricted stock to its other officers in such Fiscal Year. All stock options granted in accordance with this Section 4(c): (i) shall be granted pursuant to Holdings' current stock option plan, or such other stock option plan or plans as may be in effect or come into effect during the term of this Agreement, (ii) shall have a per share exercise price equal to the fair market value (as defined in the current Plan or such other plan or plans) of the common stock at the time of grant, (iii) shall become exercisable in three equal installments on each of the first three anniversaries of the date of grant, (iv) shall become immediately and fully exercisable in the event of a Change in Control (as defined in Appendix B) or in the event that Officer's employment is terminated due to death or Disability or by Employer other than for Cause (as defined in Section 5(c)), and (v) shall be subject to such other reasonable and consistent terms and conditions as may be determined by the Compensation Committee and set forth in the agreement or other document evidencing the award. All restricted stock granted in accordance with this Section 4(c): (i) shall be granted pursuant to Holdings' current stock option plan, or such other stock option plan or plans as may be in effect or come into effect during the term of this Agreement, (ii) shall be priced and vest in accordance with the terms set by the Compensation Committee, (iii) shall become immediately and fully vested in the event of a Change in Control (as defined in Appendix B) or in the event that Officer's employment is terminate...
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Related to STOCK OPTIONS AND RESTRICTED STOCK

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

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

  • Company Restricted Stock means all shares of Company Common Stock, subject to vesting or other restrictions, whether granted pursuant to the Company Stock Plans or otherwise.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

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

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Restricted Share Award means an award of Restricted Shares.

  • 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.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Stock Rights means all dividends, instruments or other distributions and any other right or property which the Grantors shall receive or shall become entitled to receive for any reason whatsoever with respect to, in substitution for or in exchange for any Equity Interest constituting Collateral, any right to receive an Equity Interest and any right to receive earnings, in which the Grantors now have or hereafter acquire any right, issued by an issuer of such Equity Interest.

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

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • 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.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Company Restricted Shares Section 2.4(c)

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).