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 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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Unapproved Options. Means an Option granted under this Appendix;
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Examples of Unapproved Options in a sentence

  • 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.

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

  • This Option shall be subject to the United Kingdom Appendix for Unapproved Options to the Plan for grants to Optionees resident in the United Kingdom.

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

  • Unapproved Options may be granted to Employees and other eligible optionees under the Plan who are not eligible to receive EMI Options or to Eligible Employees for whom the £120,000 EMI Options limit has been reached.

  • 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.

  • Options granted to UK Optionees under the Plan may be designated EMI Options or Unapproved Options.

  • Appendix D Unapproved Option Sub-Plan to the Oxford Immunotec Global PLC Share Incentive Plan Special Provisions Applicable to Unapproved Options granted to UK Employees pursuant to this Sub-Plan to the 2013 Oxford Immunotec Global PLC Share Incentive Plan (the “Appendix D Sub-Plan”).

  • No modification of any provision of the terms of the Unapproved Options shall be effective unless in writing and signed by both the Company and the holder of the Unapproved Option.


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 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 the options granted under:
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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. 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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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.
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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.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • 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.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • 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 immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • 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 shall have the meaning given to such term in Section 3.3(a) hereof.

  • 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 by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.