Target Option definition

Target Option means an option to purchase shares of Target Common Stock.

Target Option means an option to purchase Target Shares granted by Cambior under the Target Stock Option Plan or otherwise;

Target Option has the meaning set forth in Section 2.7(a).

Examples of Target Option in a sentence

• The Return Target Option will expire as provided in Section 2(d) below.

• The Option Price and the number of Return Target Option Shares issuable upon exercise of any Return Target Option will be equitably adjusted for any share split, share dividend or reclassification of the Common Stock which occurs subsequent to the date of this Agreement.

• The Company hereby grants to Optionholder, pursuant to the Plan, an option to purchase up to [ ] shares of Common Stock (the “Return Target Option,” and such shares, the “Return Target Option Shares”), at an exercise price per share equal to the Option Price.

• Acquiror shall comply with the terms of the Target Option Plan and use best efforts to ensure, to the extent required by, and subject to the provisions of, such Target Option Plan and Sections 422 and 424(a) of the Code, that Target Options which qualified as incentive stock options prior the Effective Time continue to qualify as incentive stock options after the Effective Time.

• In the event Acquiror wishes to exercise the Target Option, Acquiror shall deliver to Target a written notice (an "Exercise Notice") specifying the total number of Target Shares it wishes to purchase.

More Definitions of Target Option

Target Option means any option to acquire Target Shares that was granted under the Target Share Option Plan and is outstanding immediately before the Effective Date; and

Target Option means options to purchase Target Shares outstanding immediately prior to the Effective Time under the Target's 1996 Incentive Stock Option Plan, 1997 Stock Option Plan and 1998 Employee Bonus Plan.

Target Option shall have the meaning set forth in Section 3.5 of this Agreement.

Target Option means an option to purchase one or more Target Shares;

Target Option has the meaning set forth in Section 3.5(a).

Target Option means an option granted pursuant to Section 5.1 to purchase one or more Subordinate Voting Shares from Celestica pursuant to the terms of this Plan, and includes the agreement setting forth the same.

Target Option means an option, right (including a promise, and whether contingent or not), convertible security, warrant or preferred share, to acquire by way of issue, conversion or exercise a Target Share.