Base Option definition

Base Option means a medical benefits option that supplements Medicare benefits as described in this document.
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Base Option shall have the meaning set forth in Section 2.3.
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Base Option means an option granted pursuant to Section 5.3(a) to purchase one or more Subordinate Voting Shares from Celestica pursuant to the terms of this Plan, and includes the agreement setting forth the same.
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Examples of Base Option in a sentence

  • The Base Option will be governed by the Plan and shall be granted pursuant to a separate stock option grant notice and stock option agreement.

  • When the cumulative volume change (e.g., service quantities, service levels, unit costs, etc.) of the estimated UBS is beyond a variance of +/-30% percent, the Government may require the Contractor to submit a deductive change proposal, or the Contractor may submit a proposal for the Government’s consideration of an upward adjustment to the fee at the end of each of the Contract Periods of Performance (Base, Option 1, and Option 2 if the options are exercised).

  • This benefit has a separate $1,000 per person/year deductible and is not subject to the Base Option deductible.

  • The exercise price per share of the Base Option will be equal to the fair market value of a single share of Common Stock on the date the Base Option is granted, as determined in good faith by the Board.

  • FINALIZED FIXED FEE (a) The fixed fee for each period (Base, Option 1, etc.,) will be finalized based on the total number of hours provided (both compensated and uncompensated/TTA, if applicable).

  • Betinget af Deltagerens fortsatte tje - nesteforhold hos selskabet, et datter - selskab eller et koncernselskab på det relevante modningstidspunkt, mod - nesde tildelte warrants til Base Option Aktier og Mega Option Aktier i fem ( 5 ) lige store årlige trancher, der hver især består af 49 .

  • Subject to the Participant’s continuing engagement with the company, a subsidiary or an affiliate on the appli - cable vesting date, the warrants to each of the Base Option Shares and Mega Option Shares will vest in five ( 5 ) equal annual instalments, each consisting of 49 , 958 warrants to Base Option Shares and 49 , 958 warrants to Mega Option Shares, first tranche hereof will be vested on 2 April 2016 .

  • U-Net architecture illustration (using 2D slices through the 3D SDF input and 3D velocity field output).

  • Options on EEX Power Futures are offered for the following market areas: ▪ France (EEX French Power Base Option), ▪ Germany (EEX German Power Base Option), ▪ Germany/Austria (EEX German/Austrian Power Base Option), ▪ Italy (EEX Italian Power Base Option), ▪ Nordic (EEX Nordic Power Base Option)* and ▪ Spain (EEX Spanish Power Base Option).

  • No portion of the Base Option Vesting Amount for any Plan Year will vest unless the Performance Level for such Plan Year is greater than 90% of the EBITDA Target.


More Definitions of Base Option

Base Option means each Base Option granted to the Grantee pursuant to Section 2.1. Each Base Option provides the Grantee a right to purchase one Base Option Share (subject to adjustment in accordance with the Equity Incentive Plan and this Agreement) on the terms and subject to the conditions in this Agreement and the Equity Incentive Plan.
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Base Option has the meaning assigned in the recitals;
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Related to Base Option

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Purchase Option As defined in Section 3.18(c).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • 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.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

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

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

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

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

  • Option 2 [_] An amount equal to the sum of ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which does not exceed ________% of the Contributing Participant's Compensation plus ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which exceeds ________% of the Contributing Participant's Compensation.

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • 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.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient; and

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.