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.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Company Optionholder means a holder of one or more Company Options;
Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.
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.
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.
Employee Option means an Option granted pursuant to Section 5.
Director Option means an Option granted pursuant to Section 6.
Top-Up Option has the meaning set forth in Section 1.04(a).
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Rollover Option has the meaning set forth in Section 2.4(a).
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 Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
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.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Optioned Stock means the Common Stock subject to an Option.
Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.
Company Optionholders means the holders of Company Options.