New Stock Option Plan definition

New Stock Option Plan means a stock option plan approved by the board of directors of the Reorganized Debtor, providing for the issuance to management of options to purchase up to 5% of the New Common Stock or such greater percentage as may be approved by a majority of the holders of the New Common Stock.

New Stock Option Plan means Holdings' 1997 Stock Option Plan to be approved by the Board of Directors of Holdings providing for the issuance of options to purchase Common Stock to directors and employees of Holdings, Anvil or its Restricted Subsidiaries which may provide for the grant of options in respect of up to 5% of the fully diluted Common Stock of the Company at exercise prices equal to the fair market value thereof on the date of grant or any successor plan thereto.

New Stock Option Plan means one or more stock option plans to be implemented by Reorganized PHI providing for the issuance to management and Celebrities of options to purchase up to 1.0 million shares of New Class A Common Stock on a fully diluted basis.

Examples of New Stock Option Plan in a sentence

• The Company’s current stock option plan (the "New Stock Option Plan") was last approved by the shareholders on December 20, 2019.

• The New Stock Option Plan increased the maximum number of common shares that may be reserved for issuance to 10% of the total number of issued and outstanding common shares on the date the stock options are granted.

• Compensation costs attributable to share options granted to employees, directors or consultants are measured at fair value at the grant date and expensed with a corresponding increase to contributed surplus over the vesting period.At the Company's October 7, 2016 Annual General and Special Meeting of Shareholders, shareholders approved the New Stock Option Plan to replace the existing Old Stock Option Plan.

• Stock options: The Company has reserved 5,145,000 common shares under its New Stock Option Plan which was last approved by the shareholders on December 20, 2019.

• If the New Stock Option Plan is approved by the Shareholders, the Predecessor Option Plan will continue to exist but only for the purpose of governing the terms of all outstanding Options that have already been issued under the Predecessor Option Plan before the adoption of the New Stock Option Plan.

More Definitions of New Stock Option Plan

New Stock Option Plan means the CU Stock Option Plan to be established in connection with the Merger.

New Stock Option Plan means Holdings' 1997 Stock Option Plan to be approved by the Board of Directors of Holdings providing for the issuance of options to purchase Common Stock to directors and employees of Holdings, Anvil or its Restricted Subsidiaries which may provide for the grant of options in respect of up to 5% of the fully diluted common stock of Holdings at exercise prices equal to the fair market value thereof on the date of grant or any successor plan thereto.

New Stock Option Plan has the meaning ascribed thereto in Section 6.1(g); "NLRB" has the meaning ascribed thereto in Section 4.21; "Option Agreement" has the meaning ascribed thereto in the recitals; "Organizational Documents" shall mean the articles of incorporation, certificate of incorporation, by-laws, certificates of formation, or other constitutional documents. "Permitted Encumbrances" has the meaning ascribed thereto in Section 4.16(b); "Person" shall mean any natural person, company, corporation, association, partnership, organization, business, firm, joint venture, trust, unincorporated organization or any other entity or organization, including a government, or any political subdivision, department or agency of any government; "Purchase Price" has the meaning as ascribed thereto in Section 2. "Purchased Shares" has the meaning ascribed thereto in Section 2; "Real Property" means all of the Company's and its Subsidiaries' right, title and interest in and to all real property, including, without limitation, all fee titles, leaseholds, easements, rights of way and licenses and real property subject to operating or management agreements and the structures, improvements, buildings and fixtures located thereon; "Realty Use Rights" has the meaning ascribed thereto in Section 4.16(c); "Relocation" has the meaning ascribed thereto in Section 6.1(h); "Representative" has the meaning ascribed thereto in Section 6.3(a); "Required Consents" has the meaning ascribed thereto in Section 7.11; "Shareholder Approval" means the approval by shareholders of the Company as required by and in accordance with applicable rules, regulations, statutes or any other pronouncements of the TSE, NASDAQ or any federal, state, provincial or local governmental authority; "Shareholders Agreement" has the meaning ascribed thereto in the recitals; "Securities Act (Ontario)" means the Securities Act (Ontario), R.S.O. 1990, c. S.5, as the same may be amended, re-enacted or replaced from time to time; "Significant Transactions" has the meaning ascribed thereto in Section 6.3(a)(i); "Software" has the meaning ascribed thereto in Section 4.20; "Subsidiary" shall mean any Person of which the Company (either alone or through or together with any other Subsidiary) owns, directly or indirectly, 50% or more of the capital stock or other equity interest, the holders of which are generally entitled to vote for the election of the board of directors or other governing body of such Person; "THL Voting Agreement" has th...

New Stock Option Plan or “New ESOP” shall mean Employees Stock Option Plan established by the Transferee Company as per ESOP guidelines issued by SEBI.

New Stock Option Plan means the stock option plan of the Company proposed for approval of the Shareholders as set out in the section - Matters to be Act Upon at Meeting.

New Stock Option Plan means the proposed stock option plan to be adopted upon shareholder approval at the Meeting;

New Stock Option Plan means the stock option plan to be adopted by the Apolo Shareholders at the Apolo Meeting.