ETV exercise definition

ETV exercise means an exercise where members of a DB scheme are offered an enhancement to the transfer value(s) that would otherwise have been available to them or some other inducement to transfer their accrued benefits into a different pension scheme.
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Related to ETV exercise

  • Cash Exercise with respect to Warrant Shares; and/or

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer or their nominee.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Stock Tender Exercise means a Stock Tender Exercise as defined in Section 6.3(b)(ii).