Alcan Option definition

Alcan Option means an outstanding option to acquire Alcan Common Shares granted by Alcan pursuant to the Alcan Executive Share Option Plan,

Examples of Alcan Option in a sentence

  • Concurrent with the exchange of Alcan Common Shares described Subsection 2.2(b) above, each employee and former employee of Alcan and its subsidiaries who is at that time an Optionholder, other than the Transferred Employees discussed in Subsection 2.2(h) below, will exchange all Existing Alcan Option held by such Optionholder for new Alcan options (a “New Alcan Option”) granted by Alcan to acquire Alcan Class A Common Shares.

Related to Alcan Option

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

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

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

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

  • Director Option means an Option granted pursuant to Section 6.

  • Option means a stock option granted pursuant to the Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • 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.

  • SAR means a stock appreciation right granted under the Plan.

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

  • Top-Up Option has the meaning set forth in Section 1.04(a).

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

  • First Option has that meaning set out in Section 3.1 (a);

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • 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.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Optioned Stock means the Common Stock subject to an Option.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • 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.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.