New Option Plan definition

New Option Plan means the Company's 1999 Stock Option Plan, in the form attached hereto as Exhibit D, which shall be in effect as of the Initial Closing Date, subject to shareholder approval and consummation of the Recapitalization.
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New Option Plan means the new stock option plan of the Company which was adopted in connection with the IPO. “NGL” means natural gas liquid.
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New Option Plan means the new stock option plan of the Company which was adopted in connection with the IPO.
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Examples of New Option Plan in a sentence

  • Incentive Stock Options Generally stock options under the New Option Plan have a maximum term of five years, vest one-third upon grant and one third on each of the first and second anniversary dates of the grant date.

  • This Agreement and the New Option Plan and, to the extent expressly provided herein, the Severance Agreement (as modified herein), contain the entire agreement between the parties concerning the subject matter hereof and supersede all prior agreements and understandings, written and oral, between the parties with respect to the subject matter of this Agreement and the New Option Plan, including without limitation the Prior Employment Agreement.

  • The Company shall cause the New Option Plan to be effective as of the Initial Closing Date, subject to shareholder approval and consummation of the Recapitalization.

  • Incentive Stock OptionsGenerally stock options under the New Option Plan have a maximum term of five years, vest one-third upon grant and one third on each of the first and second anniversary dates of the grant date.

  • Under the terms of the New Option Plan, an aggregate number of options equal to 8.0% of the aggregate number of issued and outstanding common shares less the aggregate number of common shares issuable pursuant to the outstanding options under the Old Option Plan may be granted.


More Definitions of New Option Plan

New Option Plan means the new incentive plan of the Company to be approved by the Board subsequent to the Closing.
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New Option Plan shall have the meaning set forth in Section 7.6.2 hereof.
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New Option Plan means the Company's stock option plans adopted by the Board immediately after the Closing, the terms of which are set forth on Schedule V attached hereto.
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New Option Plan has the meaning set forth in Section 3.4.
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New Option Plan means the new form of 10% rolling share option plan adopted by the Board on November 7, 2018;
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New Option Plan means the stock option plan of the Resulting Issuer to be considered for approval by Partner Jet Shareholders at the Meeting, the full text of which is attached hereto as Schedule "3".
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New Option Plan means the means the proposed stock option plan as described under “Particulars of Matters to be Voted Upon - Adoption of New Option Plan”.
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