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.
Vested Shares means "Vested Shares" as defined in the Award Agreement.
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.
Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.
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.
Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.
Unvested Shares means "Unvested Shares" as defined in the Award Agreement.
Restricted Shares shall have the respective meanings set forth in Section 2.14.
Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;
Rollover Options has the meaning provided in Subsection 3.1(h).
Optioned Stock means the Common Stock subject to an Option.
Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Award Shares means Shares covered by an outstanding Award or purchased under an Award.
Rollover Option has the meaning set forth in Section 2.4(a).
Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.
Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.
Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.
Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.
Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.