EMI Option definition

EMI Option means a qualifying EMI option which meets the requirements of Schedule 5 of ITEPA.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

EMI Option means an option granted under this UK Sub-Plan which is a qualifying option for the purposes of the EMI Code as defined in section 527(4) of ITEPA;

EMI Option means an option granted under Schedule 5 (enterprise management incentives) to ITEPA 2003 held by employees of any Acquired Companies to acquire any shares in the capital of the Company.

Examples of EMI Option in a sentence

Where the EMI Option is opted for and specified as such in the Certificate of Insurance, any payments that are overdue and unpaid by the Insured Person prior to the occurrence of the event giving rise to a claim under this benefit will not be considered for the purpose of this benefit and shall be deemed as paid by the Insured Person.
An Option that is not intended to be an Incentive Stock Option (as hereinafter defined) or an EMI Option (as hereinafter defined) shall be designated a “Nonstatutory Stock Option”.
The aggregate exercise price of each such replacement option shall be equal to the aggregate exercise price of the EMI Option it replaces.
At paddle point Microsoft's agreement when its US retailers started.
Parent shall cause to be delivered to the Company the aggregate exercise price for all Company Common Stock issued upon the exercise of each Vested EMI Option which is not an Underwater Option prior to or contingent upon the Closing, together with the full amount of any EMI Option Taxes arising in connection with the exercise of any such Vested EMI Options.

More Definitions of EMI Option

EMI Option means an enterprise management incentive option which is a qualifying option for the purposes of Schedule 5.

EMI Option means an Option which satisfies the conditions of Schedule 5]22

EMI Option means an Option which satisfies the conditions of Schedule 5 at the time the Option is granted

EMI Option means an Option which is a qualifying option to acquire shares for the purposes of Chapter 9 of Part 7 of the 2003 Act;

EMI Option means a Company Share Option which is intended to satisfy the requirements of Schedule 5, ITEPA.

EMI Option means an Option granted in accordance with the provisions of Rule 9;

EMI Option means an Option which is a qualifying option to acquire shares for the purposes of Schedule 14;