Conversion Options means the Options described in Section 6(c) of the Plan.
Conversion Options means, an option or options to purchase Successor Equity in the Successor which option or options may be granted by the Successor to the Executive and are exercisable in full, immediately following the Change in Control for an Aggregate Exercise Price which does not exceed the Aggregate Exercise Price of the options to purchase common stock of the Company which were owned by the Executive on the date the Change in Control occurs and which options, if exercised by the Executive in full, immediately following the occurrence of a Change in Control would provide for the ownership by the Executive of Successor Equity which, immediately following the acquisition of such Successor Equity by the Executive, may be sold by the Executive, free of any restrictions imposed on the sale of securities by the Securities Act of 1933, for a price which exceeds the Aggregate Exercise Price of the such options by an amount which is not less than the amount of the Built In Gain. Nothing contained in this Agreement shall be deemed or construed to require the Executive to accept a grant of Conversion Options from the Successor.
Conversion Options means, if the “Disabled Age 55 Conversion Option,” the “General Conversion Option,” and/or the “Post-Retirement Marriage Conversion Option” is specified in the Annuity Exhibits as applicable to a Covered Life, and if such option is attached to an Annuity Form eligible for such option, the following options may convert the benefit from one Annuity Form to another Annuity Form. A Conversion Option cannot be exercised by a Contingent Life or a Beneficiary.
Examples of Conversion Options in a sentence
The Conversion Options may be Incentive Stock Options or Nonqualified Stock Options, as determined by the Committee; provided, however, that stock appreciation rights in the acquired entity shall only be converted to or substituted with Nonqualified Stock Options.
No fractional Common Shares will be issued upon exercise of Conversion Options.
Except for Conversion Options under Section 6(c), the per Share exercise price under a Nonqualified Stock Option or SAR shall be no less than seventy-five percent (75%) of the fair market value per Share on the date of grant.
The actual increase to the education budget is £2 billion after an adjustment has been made to remove the element that related to the Health and Social Care Levy.
The Conversion Options may be Nonstatutory Stock Options or Incentive Stock Options, as determined by the Administrator.
More Definitions of Conversion Options
Conversion Options means an option or options to purchase Successor Equity, which option or options may be granted by the Successor to the Executive and are exercisable in full immediately following the Change in Control for an Aggregate Exercise Price that does not exceed the Aggregate Exercise Price of the options to purchase common stock of the Corporation owned by the Executive on the date of the Change in Control and which options, if exercised by the Executive in full immediately following that Change in Control, would provide for the ownership by the Executive of Successor Equity that, immediately following the acquisition of that Successor Equity by the Executive, may be sold by the Executive, free of any restrictions imposed on the sale of securities by the Securities Act of 1933, and which satisfy the requirements of Regulation §1.409A-1(b)(5)(v)(D) so that the exchange of options to purchase stock of the Corporation for Conversion Options will not be treated as the grant of a new stock right or change in the form of payment for purposes of said Regulation. Under no circumstances is the Executive required to accept a grant of Conversion Options from the Successor.
Conversion Options means the Options which result from the conversion, in connection with the Initial Offering, of the Company Appreciation Rights granted under that certain employment agreement, dated as of September 1, 1996, by and between Teligent, L.L.C. and Alex J. Mandl, and the Appreciation Units previously granted by Teligent L.L.C. pursuant to its Long Term Incentive Compensation Plan.
Conversion Options means the Options described in Section 6(c).
Conversion Options. [General Conversion OptionDisabled Age 55 Conversion OptionNone] A Annuity Commencement Date: [Date] A [Original Retirement Date: ] A [Date] A [Covered Life Amount: ] A [See “Payment Terms” Provision ] A [Pre 62+1 Pension Amount] A [$XXX.XX subject to stated limitations] A [Post 62+1 Pension Amount] A [$XXX.XX subject to stated limitations] A [Pop-Up Amount:] A [$XXX.XX] A [Contingent Life: ] A [Contingent Life Name] A [Contingent Life's Sex and Date of Birth: ] A [Male/Female, Date] A [Contingent Life Amount: ] A [$XXX.XX] A [Contingent Life Special Benefit Rider Eligibility] A [Yes/No] A [Contingent Life Level Rider Eligibility] A [Yes/No] A
Conversion Options means, an option or options to purchase Successor Equity in the Successor which option or options may be granted by the Successor to the Executive and are exercisable in full, immediately following the Change in Control for an Aggregate Exercise Price which does not exceed the Aggregate Exercise Price of the options to purchase common stock of the Company which were owned by the Executive on the date the Change in Control occurs and which options, if
Conversion Options. [General Conversion OptionNone] A Annuity Commencement Date: [Date] A [Original Retirement Date: ] A [Date] A [Covered Life Amount: ] A [See “Payment Terms” Provision ] A [Pre 62+1 Pension Amount] A [$XXX.XX subject to stated limitations] A [Post 62+1 Pension Amount] A [$XXX.XX subject to stated limitations] A [Pop-Up Amount] A [$XXX.XX] A [Contingent Life: ] A [Contingent Life Name] A OCC-RL300-ContingentJ&S Contingent Joint and Survivor Life Annuity CONFIDENTIAL [Contingent Life's Sex and Date of Birth: ] A [Male/Female, Date] A [Contingent Life Amount: ] A [$XXX.XX] A [Contingent Life Special Benefit Rider] A Eligibility] A [Yes/No] A [Contingent Life Level Benefit Rider Eligibility] A [Yes/No] A
Conversion Options means, if the “Disabled Age 55 Conversion Option,” the “General Conversion Option,” and/or the “Post- Retirement Marriage Conversion Option” is specified in the Annuity Exhibits as applicable to a Covered Life, and if such option is attached to an Annuity Form eligible for such option, the following options may convert the benefit from one Annuity Form to another Annuity Form. A Conversion Option cannot be exercised by a Contingent Life or a Beneficiary.