Term of Options definition

Term of Options or “Expiration Date” means, with respect to Granted but unexercised Options, the time period set forth in this Notice and Section 7 of the Option Agreement.
Sample 1
Term of Options. Seven (7) years for the options to purchase 300,000 shares and ten (10) years for the options to purchase 100,000 shares.
Sample 1

Examples of Term of Options in a sentence

  • Term of Options issued as Benefits and Certain Limitations on Right to Exercise.

  • Term of Options: The Option agreements shall specify when an Option may be exercisable and the terms and conditions applicable thereto.

  • Term of Options: The term of an Option shall in no event be greater than ten years (five years in the case of an Incentive Stock Option granted to a Ten Percent Shareholder).

  • The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.5. Term of Options.

  • Term of Options: An Option Agreement shall specify when an Option may be exercisable and the terms and conditions applicable thereto.

  • Notwithstanding the foregoing, an Option (whether an Incentive Stock Option or a Nonstatutory Stock Option) may be granted with an exercise price less than the minimum exercise price set forth above if such Option is granted pursuant to an assumption or substitution for another option in a manner that would qualify under the provisions of Section 409A or Section 424(a) of the Code.6.2 Exercisability and Term of Options.

  • Term of Options: The Award Agreement shall specify when an Option may be exercisable and the terms and conditions applicable thereto.

  • Term of Options and SARs. The term of each Option and SAR shall be fixed by the Administrator and set forth in the Award Agreement; provided, however, that no Option or SAR shall be exercisable more than ten (10) years after the date of grant.

  • Notwithstanding the foregoing, an Option (whether an Incentive Stock Option or a Nonstatutory Stock Option) may be granted with an exercise price lower than the minimum exercise price set forth above if such Option is granted pursuant to an assumption or substitution for another option in a manner qualifying under the provisions of any applicable law.6.2Exercisability and Term of Options.

  • The following provisions apply only to Participants who are subject to exchange control restrictions imposed by the State Administration of Foreign Exchange ("SAFE"), as determined by the Company in its sole discretion: Term of Options.

Related to Term of Options

  • 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.

  • Date of Option Grant means the effective date of grant of the Option as set forth in the Notice.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Option Grant Date means, as to any Stock Option, the latest of:

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

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

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

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

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

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

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

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • 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.

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

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

  • Initial Term has the meaning set forth in Section 7.1.

  • 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.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating 5 years thereafter.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

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