CTC Options means all issued and outstanding options (including commitments to grant options), whether vested or unvested, to acquire shares of CTC Common Stock. (aa)
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.
Rollover Options has the meaning provided in Subsection 3.1(h).
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.
Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
SARS means the South African Revenue Service.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
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.
Company Options means options to purchase shares of Company Common Stock.
Optioned Stock means the Common Stock subject to an Option.
Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;
Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.
Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.
Parent Option means an option to purchase shares of Parent Common Stock.
Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).
Share Option means a Nonqualified Share Option or an Incentive Share Option.
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.
Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).
Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.
Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.
Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and
Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.
Vested Option means any Option, which has already been vested according to the Vesting Dates.