Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.
Employee Share Scheme means collectively a Share Issuance Scheme and a Share Grant Scheme.
Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
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.