Transfer Option definition

Transfer Option an option given to each Eligible Employee with either: (a) accrued rights in the NHS Pension Scheme; or (b) accrued rights in a Broadly Comparable scheme, as at the Employee Transfer Date, to transfer those rights to the Supplier’s (or its Sub-contractor’s) Broadly Comparable scheme or back into the NHS Pension Scheme (as appropriate), to be exercised by the Transfer Option Deadline, to secure year-for-year day-for-day service credits in the relevant scheme (or actuarial equivalent, where there are benefit differences between the two schemes);

Transfer Option means Thales’s option to acquire the Aerolec Shares pursuant to section 7.2(E) of the Aerolec Shareholders Agreement.

Transfer Option means an Option which upon exercise may only be satisfied by the transfer of Shares as provided in Rule 4.5;

Examples of Transfer Option in a sentence

• As a employee, officer and/or director of the Company, Optionee may be subject to restrictions on his or her ability to sell or otherwise Transfer Option Shares by reason of being a fiduciary for the Company or by reason of federal or state securities laws and/or the policies regarding transactions in securities of the Company from time to time adopted by the Company and applicable to Optionee in connection therewith.

• Pursuant to such Equity Transfer Option, the WFOE is entitled to, to the extent permitted by the PRC Law, request the Company Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual according to the terms and conditions hereunder.

• As soon as reasonably practicable and in any event no later than twenty (20) Business Days after the Employee Transfer Date, the Supplier must provide the Eligible Employees with the Transfer Option, where a Third Party offered, or the Supplier offers, a Broadly Comparable scheme.

• As an employee, officer and/or director of the Company, Optionee may be subject to restrictions on his or her ability to sell or otherwise Transfer Option Shares by reason of being a fiduciary for the Company or by reason of federal or state securities laws and/or the policies regarding transactions in securities of the Company from time to time adopted by the Company and applicable to Optionee in connection therewith.

• Therefore, we hereby give this notice to you as follows: We hereby request to exercise the Equity Transfer Option under the Option Agreement and we/[name of company/individual] designated by us will acquire the [·]% of the equity interest you hold in the Company (the “Proposed Acquired Equity”).

More Definitions of Transfer Option

Transfer Option means the option to request for the purchase of equity interests in the Company as granted by the Existing Shareholders to The9 Computer pursuant to the terms and conditions of this Agreement.

Transfer Option means the option right to purchase Company’s equity shares that each of Existing Shareholders grants Hxx Xxxx under terms and conditions of this Agreement.

Transfer Option. As defined in Section 8.2(c)(i)

Transfer Option an option given to each Eligible Employee with either: (a) accrued rights in the NHS Pension Scheme; or (b) accrued rights in a Broadly Comparable scheme, as at the Employee Transfer Date, to transfer those rights to the Supplier’s (or its Sub-contractor’s) Broadly Comparable scheme or back into the NHS Pension Scheme (as appropriate), to be DocuSign Envelope ID: 51A55186-24C3-4C45-AD2E-8E05A20EFD94 exercised by the Transfer Option Deadline, to secure year-for- year day-for-day service credits in the relevant scheme (or actuarial equivalent, where there are benefit differences between the two schemes);

Transfer Option has the meaning set forth in Section 1.2(b).

Transfer Option has the meaning set forth in Section 21(a) of this Agreement.

Transfer Option is defined in Section 9.2(b).