Your Option definition

Your Option has the following terms: Grant Date: Total Shares: Expiration Date: <> Exercise Price: 1st Date for Exercise: Number of shares: * 2nd Date for Exercise: Number of shares: * 3rd Date for Exercise: Number of shares: * 4th Date for Exercise: Number of shares: * *Subject to achievement of performance conditions Your option is also subject to the other terms specified in the Terms of Officer Stock Option, Form 1/25/01. This document is being or has been provided to you by e-mail. The Plan and the Prospectus for the 1997 plan that describes our options and outlines information, such as tax consequences, related to exercising your option, are each available by going to our intranet, EMSTonline. Select the Document Library tab, then select the folder named Documents. Click on Human Resources and then on Stock Plans. This option grant was recommended by the CEO based on your current and potential contributions to our Company's overall success. It is a long-term incentive, and for this reason requires continued employment to become exercisable, and to remain exercisable for its full six year life. It is our hope and goal that, as a result of our combined efforts over these six years, and the achievement of our performance objectives, EMS stock will become worth substantially more than the exercise price. In this way, the option program allows top performers to share in the Company's long-term growth and success. _______, thank you for your contributions to EMS Technologies. Your valued contributions will ensure the continuous progress of EMS, and these stock options allow you to share in the Company's success. I look forward to continuing our work together to achieve our mutual success. *********************************************** I acknowledge and accept this Stock Option Agreement including the terms and conditions set forth in Terms of Officer Stock Option, Form 1/25/01. Validated _____________________ ________________, 2006 -------- Signature Secretary EXHIBIT 10.10 b EMS TECHNOLOGIES, INC. 1997 STOCK INCENTIVE PLAN TERMS OF OFFICER STOCK OPTION FORM 1/25/01 THIS TERMS OF OFFICER STOCK OPTION sets forth certain terms of, and is included as part of, each Stock Option Agreement (the "Agreement") that specifically refers to this Form and that has been issued from time to time by EMS TECHNOLOGIES, INC., a Georgia corporation (hereinafter referred to as the "Corporation") to certain of its employees (herein, "Employee") who are also officers of the Corporation.
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Examples of Your Option in a sentence

  • Your Option shall be subject to the terms of the agreement of merger, liquidation or reorganization in the event the Company is subject to such corporate activity.

  • Your Option is subject to all the provisions of the Plan, the provisions of which are hereby made a part of your Option, and is further subject to all interpretations, amendments, rules and regulations which may from time to time be promulgated and adopted pursuant to the Plan.

  • Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

  • Your Option or this Agreement does not give you the right to be retained by the Company (or any Parent or any Subsidiaries or Affiliates) in any capacity.

  • Your Option Right represents a contract between Sprint Nextel and you, and your rights under the contract are not assignable to any other party during your lifetime.

  • Your Option will expire earlier if your Service terminates, as described below.

  • Your Option is personal to you and is not transferable by you other than by will or the laws of descent and distribution.

  • Your Option is intended to conform in all respects with, and is subject to all applicable provisions of, the Plan (which is incorporated herein by reference).

  • Your Option will become nonqualified (i.e., lose preferential tax treatment) if it is not exercised within three (3) months after a termination of employment or within one (1) year after a termination of employment due to Disability.

  • Your Option is subject to all the provisions of the Plan, the provisions of which are hereby made a part of your Option, and is further subject to all interpretations, amendments, rules and regulations, which may from time to time be promulgated and adopted pursuant to the Plan.

Related to Your Option

  • Employee Option means an Option granted pursuant to Section 5.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • 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.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.