Subsequent Options definition

Subsequent Options see Section 5.1(a).
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Subsequent Options means those options granted automatically as of December 31 of each year to each Eligible Director who is serving the Company as a director on such date beginning December 31, 1997.
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Subsequent Options see Section 5.2.
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Examples of Subsequent Options in a sentence

  • The Administrator in its discretion may change the number of Shares subject to the First Options and Subsequent Options.

  • First Options and Subsequent Options shall become exercisable in cumulative monthly installments of 1/12 of the Shares subject to such Option on each of the monthly anniversaries of the date of grant of the Option, commencing with the first such monthly anniversary, such that each such Option shall be one hundred percent (100%) vested on the first anniversary of its date of grant.

  • Subsequent Options granted to Independent Directors shall become vested in twelve equal monthly installments of 1/12 of the shares subject to such option on the first day of each calendar month following the date of the Subsequent Option Grant, subject to a director’s continuing service on the Board through such dates.

  • All of a Non-Employee Director’s Initial Options and Subsequent Options shall vest in full immediately prior to the occurrence of a Change in Control (as defined in the Equity Plan), to the extent outstanding at such time.

  • Although Company and Executive intend the Initial Option to be in lieu of normal annual or other option grants through the end of 2004, the Committee may at any time in its discretion consider Executive for possible future annual or other grants of Options (such Options, collectively, the "Subsequent Options") and, commencing in 2005, shall at least once during each year consider Executive for a grant of a Subsequent Option.

  • Each grant of these Subsequent Options shall be pursuant to specific terms set forth in a stock option agreement between the Company and the Employee.

  • Subsequent Options granted to Independent Directors shall become vested in twelve equal monthly installments of 1/12 of the shares subject to such option on the first day of each calendar month following the date of the Subsequent Option grant, subject to a director’s continuing service on the Board through such dates.

  • Notwithstanding the foregoing, the Administrator in its discretion may change the number of Shares subject to the First Options and Subsequent Options, may change the terms of such Options and may grant substitute Awards having an equivalent value to such Options as determined by the Board on the date of grant.

  • Executive shall have ninety (90) days in which to exercise any vested portion of any Options and Subsequent Options.

  • Subject to certain conditions, the Initial Options, Subsequent Options and Tenure Options that have vested shall be exercisable by an Independent Director for a period of ten years following the date on which the Initial Options, Subsequent Options or Tenure Options, as the case may be, first vested.


More Definitions of Subsequent Options

Subsequent Options means the options to purchase Shares at the Option Exercise Price per Share, granted pursuant to clause 5(b) and in accordance with the terms of the Agreement.
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Subsequent Options. The public resale of shares subject to the New Option shall be registered on a Registration Statement on Form S-8 to the extent permitted by applicable federal securities laws.
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Subsequent Options means those options granted automatically to each Nonemployee Director who becomes a member of the Board after the Effective Date on the date that is ten days after his or her initial election as a director of the Company.
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Subsequent Options has the meaning set forth in Section 2.1(c).
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Related to Subsequent Options

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Investment Options means the investment options, as determined from time to time by the Committee, used to credit earnings, gains and losses on Account balances.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

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

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Initial Grant means an Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a).

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Non-Electing Share has the meaning specified in Section 12.11.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Option Style “Modified American”, as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

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