CSOP Option definition

CSOP Option means a right to acquire shares under a scheme approved under Schedule 4 to the Taxes Act.
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CSOP Option means a Company Share Option which is intended to satisfy the requirements of Schedule 4, ITEPA.
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CSOP Option means a company share option plan (“CSOP”) Option intended to meet the requirements of Schedule 4 of the Income Tax (Earnings and Pensions) Act 2003;
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Examples of CSOP Option in a sentence

  • For purposes of this Paragraph 7, the Net Working Capital of the Business is defined as (A) the sum of the (i) net book value of the inventories and accounts receivable of the business, (ii) plus the prepaid expenses of the ---- Business, (B) minus the trade payables of the Business and other current ----- liabilities to be assumed by Buyer according to the provisions of Paragraph 16.

  • This CSOP Option is not transferrable than by will or by the laws of descent and distribution.

  • Any purported sale, pledge, assignment, hypothecation, transfer or disposal of or dealing with this CSOP Option shall cause it to lapse and cease to be exercisable.

  • Transferability: During your lifetime, only you may exercise this CSOP Option.

  • Tax Indemnity: You hereby agree to indemnify the Company and your Employer, and acknowledge that it is a condition of exercise of this CSOP Option that you indemnify the Company and your Employer, in respect of any Option Tax Liability.


More Definitions of CSOP Option

CSOP Option means a right to acquire shares under a scheme approved under Schedule 4 to ITEPA.
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CSOP Option means a right to acquire Shares subject to the rules of the CSOP Plan for the Exercise Price which is granted in accordance with Schedule 4, and, unless the context otherwise requires, references in the Main Plan to an Award or a Nil-Cost Option shall be read as references to a CSOP Option;
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CSOP Option means an Option issued accordance with Schedule 4 of the Income Tax (Earnings and Pensions) Act 2003 and subject to the additional provisions set out in Schedule 1 of the Plan;
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CSOP Option means an Option which satisfies the requirements of Schedule 4 ITEPA and is granted under a Schedule 4 CSOP.
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CSOP Option means a share option granted under a scheme approved by the Inland Revenue under Schedule 4 to ITEPA by virtue of employment with a Group Company;
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CSOP Option means an option granted under the Belvoir CSOP.
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CSOP Option means a right which has been granted to acquire Clinigen Shares under the CSOP.
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