Option Agreement definition

Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

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Option Agreement means a written document, the form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of an Option granted under the Plan and includes any documents attached to or incorporated into such Option Agreement, including, but not limited to, a notice of stock option grant and a form of exercise notice.

Option Agreement means a written agreement between the Company and the Optionholder evidencing the terms and conditions of the Option grant. The Option Agreement includes the Grant Notice for the Option and the agreement containing the written summary of the general terms and conditions applicable to the Option and which is provided to a Participant along with the Grant Notice. Each Option Agreement will be subject to the terms and conditions of the Plan.

Examples of Option Agreement in a sentence

• In connection with the exercise of my option, I hereby represent to the Company that: ● I have received, read and understood the Plan and the Option Agreement and agree to be bound by their terms and conditions.

• The following legend shall be placed on all certificates representing Optioned Shares: “The shares evidenced by this certificate are subject to a Stock Option Agreement containing certain rights and limitations on transfer, including a right of first refusal and a drag-along right in favor of the Corporation or its assignee(s), a special right of repurchase upon a divorce, and a restriction on transfer during a lock-up period in the event of a public offering of the Corporation’s securities.

• I agree that the Shares are being acquired in accordance with and subject to the terms, provisions and conditions of the Option Agreement and the Plan, both of which I have read carefully and understand.

• Capitalized terms used in this Incentive Stock Option Agreement (this “Agreement”) that are defined in the Plan shall have the same meanings assigned to them in the Plan.

• Capitalized terms used in this Nonqualified Stock Option Agreement (this “Agreement”) that are defined in the Plan shall have the same meanings assigned to them in the Plan.

More Definitions of Option Agreement

Option Agreement means a written agreement between the Company and a Holder with respect to an Option.

Option Agreement means a written agreement between the Company and an Optionee setting forth the terms, conditions and restrictions of the Option granted to the Optionee and any shares acquired upon the exercise thereof.

Option Agreement means an agreement, in the form attached hereto as Schedule "A", whereby the Company grants to an Optionee an Option.

Option Agreement means an agreement between the Company and an Optionee evidencing the terms and conditions of an individual Option grant. The Option Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

Option Agreement means a written agreement between the Company and a Participant evidencing the terms and conditions of an individual Option Award.

Option Agreement means a written agreement between the Company and an Optionee setting forth the terms, conditions and restrictions of the Option granted to the Optionee and any shares acquired upon the exercise thereof. An Option Agreement may consist of a form of “Notice of Grant of Stock Option” and a form of “Stock Option Agreement” incorporated therein by reference, or such other form or forms as the Board may approve from time to time.

Option Agreement means the share option agreement between the Company and an Optionee that sets out the terms and conditions of an Option.