Definition of 3(i) Security

3(i) Security means a 3(i) Option and/or a 3(i) Share.

Examples of 3(i) Security in a sentence

Each Incentive Agreement shall state, inter alia, the number of Shares covered thereby, the type of Security granted thereunder (whether a CGS, OIS, Unapproved 102 Security or a 3(i) Security), the dates when the Option may be exercised (if applicable), the Exercise Price (if applicable), and such other terms and conditions as the Committee at its discretion may prescribe, such as, without limitation, vesting or reverse vesting dates, provided that they are consistent with the Plan.