Rollover Options has the meaning provided in Subsection 3.1(h).
Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.
Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.
Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Rollover Option has the meaning set forth in Section 2.4(a).
SARS means the South African Revenue Service.
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.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.
Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.
Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;
Share Option means a Nonqualified Share Option or an Incentive Share Option.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).
Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;
Option Stock shall have the meaning set forth in Section 2(a) hereof.
Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.
Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).
Optioned Stock means the Common Stock subject to an Option.
Vested Shares means "Vested Shares" as defined in the Award Agreement.