Kowa Option means Kowa's option under the Kowa Agreement to exclusively license, on a compound by compound basis, the AGE-Inhibitor Patent Rights and AGE-Inhibitor Know-How in Japan, China, Korea and Taiwan.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
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.
Top-Up Option has the meaning set forth in Section 1.04(a).
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.
Director Option means an Option granted pursuant to Section 6.
Employee Option means an Option granted pursuant to Section 5.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
First Option has that meaning set out in Section 3.1 (a);
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).
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.
Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
Optioned Stock means the Common Stock subject to an Option.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Option Grant Date means, as to any Stock Option, the latest of:
102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.
Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.
Incentive Option means an option which satisfies the requirements of Code Section 422.