Option Equivalent Balance definition

Option Equivalent Balance means the sum of:
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Option Equivalent Balance means the sum of: (1) the amount, based on the price per Share (or the value of other consideration) to be received by holders of outstanding Shares in a Transaction, that would be credited to the Deferred Compensation Account if you exercised all of your remaining Option Equivalents as of the closing date of the Transaction; plus (2) any balance in the Deferred Compensation Account attributable to amounts realized on notional exercise of Option Equivalents (adjusted for the return (positive or negative) earned thereon through the closing date of the Transaction).
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Related to Option Equivalent Balance

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Distribution Equivalent Right means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash payments and/or Share distributions equal in amount to the distributions that would have been made to the Holder had the Holder held a specified number of Shares during the period the Holder held the Distribution Equivalent Right.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.