Option definition

Option means a stock option granted pursuant to the Plan.

Option means an Incentive Stock Option or a Nonqualified Stock Option.

Option means an Incentive Stock Option or a Nonstatutory Stock Option to purchase shares of Common Stock granted pursuant to the Plan.

Examples of Option in a sentence

• Report on Compliance with Requirements Applicable to the Federal and State Program and on Internal Control over Compliance in Accordance with the Program Specific Audit Option.

• Except as specifically set forth herein, the Grantee acknowledges that any income or other taxes due from him or her with respect to this Option or the Shares issuable pursuant to this Option shall be the responsibility of the Grantee.

• The Option may be exercised in whole or in part (to the extent that it is exercisable in accordance with its terms) by giving written notice to the Company, together with the tender of the Option price.

• The Option shall not be transferable by the Grantee otherwise than by will or by the laws of descent and distribution and shall be exercisable, during the Grantee’s lifetime, only by the Grantee.

• Such written notice shall be signed by the person exercising the Option, shall state the number of Shares with respect to which the Option is being exercised, shall contain any warranty required by Section 7 below and shall otherwise comply with the terms and conditions of this Agreement and the Plan.

More Definitions of Option

Option means an Incentive Stock Option or a Non-Qualified Stock Option.

Option or “Stock Option” means any option to purchase shares of Stock granted pursuant to Section 5.

Option means rights, options or warrants to subscribe for, purchase or otherwise acquire Common Stock or Convertible Securities.

Option means an Incentive Stock Option or a Nonstatutory Stock Option granted pursuant to the Plan.

Option means an award of an option to purchase Shares pursuant to Section 5.

Option means an option to purchase Shares pursuant to an Award Agreement granted under the Plan.

Option means an ISO or Nonstatutory Option granted under the Plan and entitling the holder to purchase Shares.