Unapproved Options definition

Unapproved Options means certain options held by certain of the sellers as set out in column (5) of part B of Schedule 1;
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Unapproved Options options granted under the ESOS which do not qualify as approved options under Schedule 4 Income Tax (Earnings & Pensions) Xxx 0000 “Voting Record Time” 6.00 p.m. on the day which is two days before the date of the Court Meeting or, if the Court Meeting is adjourned, 6.00 p.m. on the day which is two days before the day of such adjourned meeting
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Unapproved Options means the options granted by the Company over 247,000 ordinary shares with a nominal value of one hundredth of a xxxxx xxxxxxxx each in the capital of the Company specified in part 2 of Schedule 1C of which 137,000 will be issued fully paid or credited as fully paid following the exercise of Unapproved Options.
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Examples of Unapproved Options in a sentence

  • All options granted under the New Share Option Scheme on Admission will be exercisable over B Shares at their nominal value of £0.01 and will be capable of exercise, subject to certain exceptions, after two years of the date of grant.2 On 1 August 2013, the Company granted Unapproved Options which have the same rights as the options granted over the B Shares under Gaming Realms 2013 EMI plan, save that the exercise price will be 13 pence per ordinary share.

  • To date the Company has issued Unapproved Options over 2,936,059 Ordinary Shares at an exercise price of 14p per Ordinary Share.

  • The Plan provides for the granting of Options (Incentive Share Options, Nonqualified Share Options, Unapproved Options and Approved Options), Restricted Shares and Restricted Share Units to eligible employees.

  • Options were granted having UK Inland Revenue approval (Approved Options) and without such approval (Unapproved Options).

  • This limit on individual participation does not apply for Unapproved Options.

  • The Committee is authorized to grant one or more Approved Options, Unapproved Options, Incentive Share Options or Nonqualified Share Options to any Employee.

  • Further Unapproved Options over a total of 56,890 Ordinary Shares of the Company have been granted to non-qualifying individuals.

  • Details of the Unapproved Options are provided at paragraph 8.2 of this Part V.The EMI Options are granted in accordance with Chapter 9 of Part 7 and Schedule 5 to the Income Tax (Earnings and Pensions) Act 2003 and are intended to be qualifying options for the purposes of the Chapter 9 and Schedule 5 of the Income Tax (Earnings and Pensions) Act 2003 and Part 4 Schedule D of the Taxation of Chargeable Gains Act 1992.

  • On the 1 August 2013, the Company granted Unapproved Options which have the same rights as the options granted over the B Shares under Gaming Realms 2013 EMI plan, save that the exercise price will be 13 pence per Ordinary Share.

  • On the 17 June 2014, the Company granted Unapproved Options which have the same rights as the options granted over the B Shares under Gaming Realms 2013 EMI plan, save that the exercise price will be 23 pence per ordinary share.


More Definitions of Unapproved Options

Unapproved Options means the Options held by the Unapproved Optionholders as set out in part 4 of schedule 10;
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Unapproved Options means non-tax advantaged options over Ordinary Shares granted under the Option Plans or EMI Options to the extent that they fail to satisfy the requirements of Schedule 5 to ITEPA in whole or in part; “United Kingdom” or “UK” means the United Kingdom of Great Britain and Northern Ireland; “US” means the United States of America; “VAT” has the meaning given in Part A of Schedule 5; “W&I Insurance Policy” means the warranty and indemnity insurance policy issued to the Purchaser by the W&I Insurer on or before the date of this Agreement in the form provided to the Sellers at Completion; “W&I Insurer” means Xxxxxx International Insurance Company Limited; “Warranties” means the Fundamental Warranties, the General Warranties and the Tax Warranties and “Warranty” means any of them; and “Waterfall Distribution” means the distribution as set out in articles 5 and 6 of the Articles. 1.2 In this Agreement, unless the context requires otherwise, or otherwise stated: (a) use of the singular includes the plural and vice versa, and use of any gender includes the other genders; (b) “they” and “their” are used as gender-neutral singular pronouns when used with an antecedent defined term that is singular; (c) a reference to any specific legislation includes a reference to that legislation as re- enacted, consolidated, replaced or amended; any previous legislation of which it is a re-enactment, consolidation, replacement or amendment; and any subordinate legislation made under any of the same (and “legislation” in this Clause 1.2(c) includes any statute, statutory provision, regulation, rule or subordinate legislation); (d) “undertaking” shall have the meaning given in section 1161 of the Companies Act, save that for the purposes of this Agreement, an undertaking shall include a limited liability partnership; (e) any reference to a Clause or Schedule is to the relevant clause or schedule of or to this Agreement; (f) any reference in a Schedule to a part or a paragraph is to a part or a paragraph of that Schedule or, where relevant, to a paragraph of that part of that Schedule;
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Unapproved Options the options granted under:
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Unapproved Options. Means an Option granted under this Appendix;
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Unapproved Options means the subsisting Options that are not qualifying EMI Options but which have been granted by the Company under the Share Option Plan to, and which are currently held by, non-UK tax resident Option Sellers (such Optionholders being identified by an asterisk in Schedule 1); and
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Unapproved Options. Options granted under the Unapproved Plan; Unapproved Plan: the CDC Solutions Limited Employee Unapproved Share Option Plan; the Unapproved Release Date: the date being the earlier of (i) 3 Business Days following the date on which all Optionholders holding Unapproved Options have exercised all (but not some only) of their options and (ii) the date of the expiry of the Options Exercise Period; the Unapproved Release Amount: that part of the Initial Consideration paid into the Options Escrow Account which is due to holders of Unapproved Options who have exercised their options during the Option Exercise Period. This amount shall be found by dividing the Initial Consideration paid into the Options Escrow Account by the number of Ordinary Shares subject to Options and multiplying by the number of Ordinary Shares in respect of which Unapproved Options have been validly exercised during the Option Exercise Period and subtracting from that amount the Unapproved Withheld Amount; the Unapproved Withheld Amount: by reference to the Unapproved Options, the income tax and National Insurance Contributions which would be due if the market value at the date of exercise of such options was 86p per Ordinary Share; US GAAP: United States of America Generally Accepted Accounting Principles; VATA 1994: Value Added Tax Xxx 0000; the Vendors: the Institutional Vendors and the Management Vendors; the Vendors’ Accountants: Xxxxx Xxxxxxxx of 00 Xxx Xxxxxx, Xxxx XX0 0XX; the Vendors’ Representative: Xxxx Xxxxxxxx; the Vendors’ Solicitors: Xxxxxxx Xxxxxx of Xxxx Xxxxx, Xxxxxxx Xxxx Xxxxxxx XX0 0XX; the Vendors’ Solicitors’ Client Account: Xxxxxxx Xxxxxx Client Account, National Westminster Bank, Bristol City Office, 00 Xxxx Xxxxxx, (Sort Code: 56-00-05, Account Number 00000000);
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Related to Unapproved Options

  • Unapproved 102 Option means an Option granted pursuant to Section 102(c) of the Ordinance and not held in trust by a Trustee.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

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

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • 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.

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

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

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

  • SARS means the South African Revenue Service.

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

  • 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.

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

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

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

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

  • Covered Call Option means an exchange traded option 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 (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • 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).

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

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

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • 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.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Incentive Shares means an award of shares granted pursuant to Section XIII.