IMC Options definition
IMC Options means the stock options of IMC that will be granted to Former Chemesis Optionholders pursuant to the Arrangement and will be exercisable for IMC Common Shares pursuant to the IMC Plan;
IMC Options means the stock options to purchase IMC Shares granted to IMC’s directors, officers, employees, contractors and other eligible persons, of which, as of the date of this Agreement, there are 1,198,000 IMC Options issued and outstanding, all of which are held by the Israeli Trustee, as required under section 102 to Tax Ordinance and under the Plan;