Option Effect definition
Option Effect means any change, event, modification, restatement, revision, update, development, result or effect that directly or indirectly arises or results from or relates to Parent’s historical stock option granting practices and related accounting, tax treatment, reporting, disclosure and investigation thereof and the outcome, resolution or results thereof including any related litigation.
Examples of Option Effect in a sentence
Descriptions of all the Available Death Benefit Options on this Policy and the initial Death Benefit Option Effect are shown in the Policy Specifications.