Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
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.
Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.
SAR means a stock appreciation right granted under the Plan.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.
SARS means the South African Revenue Service.
Nonqualified Stock Option means an Option that is not an Incentive Stock Option.
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.
Nonqualified Option means any Option that is not an Incentive Stock Option.
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.
Incentive Option means an option which satisfies the requirements of Code Section 422.