Modified Option definition

Modified Option means an Option that must be exercised on the fifth anniversary of the Grant Date or forfeited.

Examples of Modified Option in a sentence

  • This is aligned with the current stage2 procedure for deferred MT-LR in TS 23.273 Apple Option B Agree that such procedure is beneficial Qualcomm Modified Option B As agreed, any LCS and LPP message can be transported using SDT.

  • The undersigned also acknowledges that except to the extent specifically modified by this Stock Assumption Agreement, all of the terms and conditions of the Modified Option Agreement as in effect immediately prior to the effective time shall continue in full force and effect and shall not in any way be amended, revised or otherwise affected by this Stock Option Assumption Agreement.

  • FCERA may occasionally request that the consulting actuary review certain benefit applications and perform complex computations related to special cases including calculations for Modified Option IV benefits, Retirement Benefits subject to the IRS 415 limits, and retirement benefits to persons who are eligible for service retirement without meeting the age or years of service requirements.

  • With respect to an Option or Modified Option, the Option Price shall be not less than the Fair Market Value of the Common Stock on the Grant Date.

  • An Award must be exercised for the full number of shares of Common Stock covered by the Option or Modified Option, or for the entire cash settlement payment with respect to the SAR or Modified SAR, as applicable.

  • Following methodology is adoptedAlternative 1 (Modified Option 3) Step 1.

  • By:_____________________________________ Title:__________________________________ ACKNOWLEDGMENT The undersigned acknowledges receipt of the foregoing Stock Option Assumption Agreement and understands and acknowledges that all rights and liabilities with respect to each of his or her SSI Options hereby assumed by Synopsys are as set forth only in the Modified Option Agreement, the Plan and such Stock Option Assumption Agreement and no other agreements exist with respect to his or her SSI Options.

  • Adjustment and Extraordinary Events Method of Adjustment Modified Option Exchange Adjustment: means (i) if there are futures or options contracts relating to such Share and have commenced trading at the time of making the relevant determination, Options Exchange Adjustment applies (ii) otherwise, Calculation Agent Adjustment.

  • The Learned Judge erred in finding as a fact, that the payment of a US$60,000 dividend would not render the company’s financial position less favourable within the meaning of the condition.

  • Regarding affordability and sustainability, the Commission finds that the fee program structure offered under Modified Option B to be an acceptable response to the concerns raised by GPSA, and that it addresses the Commission’s stated concerns regarding affordability, and the Commission’s interest in sustaining a liveaboard community at the Southwest waterfront.

Related to Modified Option

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Non-Qualified Option means an Option that is not an Incentive Stock Option.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • 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.

  • 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.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • NQSO means any Option that is not an ISO.

  • SAR means a stock appreciation right granted under the Plan.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Option means a stock option granted pursuant to the Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • Director Option means an Option granted pursuant to Section 6.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Tandem SAR means an SAR that is granted in connection with a related Option pursuant to Article 7 herein, the exercise of which shall require forfeiture of the right to purchase a Share under the related Option (and when a Share is purchased under the Option, the Tandem SAR shall similarly be canceled).

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.

  • 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.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • NSO means a stock option not described in sections 422 or 423 of the Code.