Examples of Unit Option in a sentence

All prior grants under the Unit Option Plan will continue based on the terms and conditions as of the original grant.
In addition, the employment contract provides that if the termination of employment occurs following a “Change of Control” of BTB, BTB will, in addition to the above described amounts, ensure that the options and awards granted in virtue of the Unit Option Plan and the Restricted Unit Plan which are not yet vested be immediately vested.
Security means any right or interest in a managed investment scheme, unit, share, note, debenture or any right or interest or option to acquire a share, note or debenture, and includes a Unit, Option or Financial Instrument.
Procedure:The student who wishes to select the 30 Unit Option must schedule an appointment with the program director.
The student must sign the “30 Unit Option Waiver” signifying that they understand the subsequent licensing procedure.

More Definitions of Unit Option

Unit Option means a Unit Option granted to an Employee, Director or Consultant pursuant to the provisions set forth in Article II of the Plan.

Unit Option means an option granted pursuant to the Plan to purchase Units.

Unit Option means an award of an option to purchase Common Units granted under an MLP Equity Plan.

Unit Option has the meaning ascribed to it in the Recitals to this Agreement;

Unit Option means the election available to Participating Shareholders pursuant to the Arrangement to ultimately receive a Unit for each Common Share in respect of which an election is made or deemed to be made under this Plan, subject to pro-ration, instead of a Fund Note for the exchanges described herein which election is given effect under this Plan by such Participating Shareholder receiving a Unit; and