3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Top-Up Option has the meaning set forth in Section 1.04(a).
First Option has that meaning set out in Section 3.1 (a);
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.
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.
102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Director Option means an Option granted pursuant to Section 6.
Employee Option means an Option granted pursuant to Section 5.
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
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).
Share Option means a Nonqualified Share Option or an Incentive Share Option.
Unvested Company Option means any Company Option that is not a Vested Company Option.
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.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.
Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.
Parent Option means an option to purchase shares of Parent Common Stock.
Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
GSK will have the meaning set forth in the Preamble.
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.
Unapproved 102 Option means an Option granted pursuant to Section 102(c) of the Ordinance and not held in trust by a Trustee.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.