Exercise Condition shall have the meaning assigned to it in Section 2 hereof.
Exercise Condition means a condition or conditions imposed under Rule 2.2;
Exercise Condition means in respect of an Option any condition set out in the Offer which must be satisfied before that Option can be exercised or any other restriction on exercise of that Option specified in the Offer or in these Rules.
Examples of Exercise Condition in a sentence
An Exercise Condition may be specified to apply only to some of such Options.
If the Board considers that an Exercise Condition has become incapable of being satisfied, in whole or in part, the relevant Options, or the appropriate proportion of them, shall lapse forthwith.
More Definitions of Exercise Condition
Exercise Condition means any condition related to the exercise of an Option;
Exercise Condition means, in respect of an Option, one or more conditions which must be met before the Option may be exercised;
Exercise Condition means the performance, vesting or other conditions (if any) determined by the Board and specified in an Offer which are, subject to these Rules, required to be satisfied, reached or met before an Option can be exercised.
Exercise Condition means a condition that must be satisfied before Options may be exer- cised, which complies with rule 3 and is specified in the Option Certificate under rule 2.3.
Exercise Condition means, for an Option, a condition which must be met before the Option can be exercised.
Exercise Condition means an objective condition precedent to the exercise of an Award in accordance with Rule 2.3;
Exercise Condition means, for an Option, a condition which must be met before the Option can be exercised. “Exercise Period” means, for an Option, each of: