Tandem Option definition

Tandem Option means a Non-Qualified Option issued in tandem with a Stock Appreciation Right.
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Tandem Option means an option granted to a Participant under Section 6 of the Plan as the result of a Participant's acquisition of Program Shares.
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Examples of Tandem Option in a sentence

  • The Optionee wishes to purchase Option Shares at the exercise price of $____ per share for a total cost of $____, which Option is not encumbered to a Tandem Option.

  • Includes 58,165,405 shares of Class A Common Stock issuable under options, plus 28,587,396 shares of Class A Common Stock issuable under options that are subject to forfeiture (the “Tandem Option Earnout Shares”), plus 8,050,000 shares of Class A Common Stock issuable under warrants, plus 1,100,000 RSUs. Tandem Option Earnout Shares are placed in escrow if the underlying option has been exercised and the applicable triggering event under the Business Combination Agreement has not been satisfied.

  • Tandem Option: Where applicable, provide individual filters mechanically and electrically connected to adjacent filters so that all may be removed together.

  • With respect to the Rumble Shareholders, excludes 76,410,222 Forfeiture Escrow Shares and 28,589,778 Tandem Option Earnout Shares (because, at a $10.00 share price, such shares will not vest under the applicable earnout thresholds).

  • The right of the Optionee to exercise a Tandem Option shall be cancelled if and to the extent that the related Restricted Share is no longer subject to the restrictions in Section 10.

  • The base price of a Tandem SARshall be equal to the option price of the related Tandem Option; provided, however, that Tandem SARs must be granted in accordance with Code Section 409A.

  • The exercise of and payment for the Shares issuable upon exercise of a Tandem Option shall be in accordance with the provisions of Section 6(f) of the Plan.

  • The full MoBio PowerSoilTM DNA Isolation kit instructions can be accessed at http://www.mobio.com/files/protocol/12888.pdf.NOTE: The only deviation from the MoBio kit protocol is in step 12: The tubes are centrifuged at room temperature for 2 minutes at 10,000 x g.

  • The Third Note One Modification states that the interest rate on Note One could not be less than 4.25% prior to default, and not less than 9.25% after default.

  • On the earlier version, Ricks comments: Weight of the world and weight of the word are distinguished without being posited as altogether distinct.

Related to Tandem Option

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

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

  • 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.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Tandem SAR means an SAR that is granted in connection with a related Option pursuant to Article 7 herein, the exercise of which shall require forfeiture of the right to purchase a Share under the related Option (and when a Share is purchased under the Option, the Tandem SAR shall similarly be canceled).

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Director Option means an Option granted pursuant to Section 6.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • SAR means a stock appreciation right granted under the Plan.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • 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.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

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

  • 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.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Unit Appreciation Right or “UAR” means a contingent right that entitles the holder to receive the excess of the Fair Market Value of a Unit on the exercise date of the UAR over the exercise price of the UAR.

  • Employee Option means an Option granted pursuant to Section 5.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.