Option Commitment definition

Option Commitment means the notice of grant of an Option delivered by the Company hereunder to a Service Provider and substantially in the form of Schedule A attached hereto;

Option Commitment means the notice of grant of an Option delivered by the Company hereunder to an Optionee and substantially in the form of Exhibit A hereto.

Option Commitment means the notice of grant of an Option delivered by the Corporation to an Optionee and substantially in the form of the Schedule “A” attached hereto

Examples of Option Commitment in a sentence

• All Options granted under the Plan will be evidenced by an Option Commitment in the form attached as Schedule A, showing the number of Optioned Shares, the term of the Option, a reference to vesting terms, if any, and the Exercise Price.

• Subject to specific variations approved by the Board, all terms and conditions set out herein will be deemed to be incorporated into and form part of an Option Commitment made hereunder.

• Upon grant of an Option hereunder, an authorized officer of the Company will deliver to the Optionee an Option Commitment detailing the terms of such Options and upon such delivery the Optionee will be subject to the Plan and have the right to purchase the Optioned Shares at the Exercise Price set out therein subject to the terms and conditions hereof.

• Options granted to Consultants retained by the Company pursuant to a short term contract or for a specific project with a finite term, will be subject to such vesting provisions determined by the Board of Directors of the Company at the time the Option Commitment is made, subject to Regulatory Approval.

• Upon the granting of an Option hereunder the Chief Executive Officer of the Corporation will deliver to the Optionee an Option Commitment detailing the terms of the Option and upon such delivery the Optionee will be a participant in this Stock Option Plan and have the right to purchase the Optioned Shares at the Subscription Price set out therein, subject to the terms of this Stock Option Plan.

More Definitions of Option Commitment

Option Commitment means the notice of grant of an Option delivered by the Company to a Service Provider, substantially in the form of Schedule “A” (as to an Option without vesting provisions) or Schedule “B” (as to an Option with vesting provisions, where permitted under applicable Exchange Policies) attached hereto.

Option Commitment means the Commitment, substantially in the form set out as Schedule “A” hereto, evidencing an Option;

Option Commitment means a notice of grant of an Option delivered by the Company hereunder to an Optionee and shall be substantially in the form of Schedule “A” attached hereto.

Option Commitment means the notice of grant of an Option delivered by the Corporation to an Optionee and, in the case of a Director, Officer or Employee, substantially in the form of set out in Schedule “A” hereto;

Option Commitment means the notice of grant of an Option delivered by the Company hereunder to an Eligible Person substantially in the form of Schedule A hereto;

Option Commitment means the Commitment, substantially in the form set out as Schedule “A”

Option Commitment means the notice of the grant of Options under the Plan delivered by the Corporation to an Eligible Person, such commitment to be in form and substance similar to the form of Option Commitment contained in Schedule A hereto.