Examples of Option Contract in a sentence
Under the Plan, (i) Options may be awarded to Beneficiaries identified over a period of three years from the date when the Plan regulations are approved and (ii) Options are exercisable during the exercise periods defined in the Plan Regulations and/or the Option Contract, it being understood that awarded Options may not be exercised for a period of three years following the Grant Date.
Unless specifically instructed by me/us and subject to the terms of these Additional Terms, I/we shall be deemed to have elected not to exercise an Option pursuant to an Option Contract.
Therefore, Options will be exercisable during the period between the Initial Exercise Date and the Final Exercise Date, as stated in the individual Option Contract signed by the Company and the Beneficiary.
Options are exercisable during the exercise periods defined in the Plan Regulations and/or the individual Option Contract, it being understood that awarded Options may not be exercised for a period of three years following the Grant Date.