TIDAL TRUST II on behalf of YieldMaxTM Ultra Option Income Strategy ETF TIDAL INVESTMENTS LLC By: /s/ Exxx X.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
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.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
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.
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.
Parent Stock Option means any option to purchase Parent Common Stock.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).
Director Option means an Option granted pursuant to Section 6.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.
Employee Option means an Option granted pursuant to Section 5.
Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.
Company Stock Option Plan means the Company's 1999 Stock Option Plan.
Parent Option means an option to purchase shares of Parent Common Stock.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
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.
Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.