Option for definition

Option for responsibility for preparation of design for Provisional Sum Work: (Clause 8.8) [OPTION 1/OPTION 2] applies. (Option 1 applies unless otherwise stated) Subcontractor to invite tenders for Provisional Sum Work from the following tenderers: (Clause 8.9(a)(i)) Work Tenderers ........................... ........................... ........................... ........................... ........................... ...........................
Sample 1
Option for. Software Specification for Module A "HIPPA Infrastructure-Security". Upon successful completion of the SOW, GTGO shall grant to the Consultant a non-qualified stock option (the "Option") to purchase up to the number of shares (the "Shares") of GTGO's common stock (the "Common Stock") as set forth below which shall fully vest immediately upon initiation of this second phase of the Agreement, at an exercise price as set forth below: Number of Shares: 200,000 common shares exercisable immediately Exercise Price or Percentage per Share (in US$): 50% of the average closing share price of GTGO common stock during the 30-trading day period immediately prior to exercise of the Option.
Sample 1
Option for responsibility for preparation of design for Provisional Sum Work: (Clause 8.8) [Option 1/Option 2] applies. (Option 1 applies unless otherwise stated) Subcontractor to invite tenders for Provisional Sum Work from the following tenderers: (Clause 8.9(a)(i)) Work Tenderers ........................... ...........................
Sample 1

Examples of Option for in a sentence

  • III.6 III-IFB-010.1 Option for Separate Competitive Bidding Procedure (Nov 2006) The Commonwealth reserves the right to purchase products or services covered under this Contract through a separate competitive bidding procedure, whenever Commonwealth deems it in the best interest of the Commonwealth.

  • For Securities represented by a Global Security, the Depositary or its nominee shall be the holder of such Security and therefore shall be the only entity that can exercise the Survivor's Option for such Security.

  • The Committee may specify a reasonable minimum number of Shares that may be purchased on any exercise of an Option, provided that such minimum number will not prevent Participant from exercising the Option for the full number of Shares for which it is then exercisable.

  • If the Company in any manner grants or sells any Options and the lowest price per share for which one share of Common Stock is issuable upon the exercise of any such Option or upon conversion, exercise or exchange of any Convertible Securities issuable upon exercise of any such Option is less than the Applicable Price, then such share of Common Stock shall be deemed to be outstanding and to have been issued and sold by the Company at the time of the granting or sale of such Option for such price per share.

  • If the Company in any manner grants any Options and the lowest price per share for which one share of Common Stock is issuable upon the exercise of any such Option or upon conversion, exercise or exchange of any Convertible Securities issuable upon exercise of any such Option is less than the Applicable Price, then such share of Common Stock shall be deemed to be outstanding and to have been issued and sold by the Company at the time of the granting or sale of such Option for such price per share.

  • The Administrator in its discretion may condition the exercise of an Option for less than the then Fair Market Value on the Participant’s payment of such additional withholding.

  • The Optionee shall not surrender, or attest to the ownership of, Shares in payment of the Exercise Price if such action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to the Option for financial reporting purposes.

  • If the Company in any manner grants or sells any Options and the lowest price per share for which one share of Common Stock is issuable upon the exercise of any such Option or upon conversion or exchange or exercise of any Convertible Securities issuable upon exercise of such Option is less than the Applicable Price, then such share of Common Stock shall be deemed to be outstanding and to have been issued and sold by the Company at the time of the granting or sale of such Option for such price per share.

  • The captions used in the Notice and this Option Agreement are inserted for convenience and shall not be deemed a part of the Option for construction or interpretation.

  • The Committee may specify a minimum number of Shares that may be purchased on any exercise of an Option, provided that such minimum number will not prevent any Participant from exercising the Option for the full number of Shares for which it is then exercisable.


More Definitions of Option for

Option for. Class A Units (the “Units”)
Sample 1

Related to Option for

  • Option means a stock option granted pursuant to the Plan.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Option Exercise Period means the period commencing one (1) year after the date of grant of an Option pursuant to this Plan and ending ten years from the date of grant.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Option 3 [ ] Yes, with respect to both Elective Deferrals and Nondeductible Employee Contributions.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Option Period means the period during which an Option may be exercised.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Option 2 [_] An amount equal to the sum of ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which does not exceed ________% of the Contributing Participant's Compensation plus ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which exceeds ________% of the Contributing Participant's Compensation.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Option Stock means Stock issued or issuable by the Company pursuant to the valid exercise of an Option;

  • Optioned Stock means the Common Stock subject to an Option.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Option Notice means a notice from the Lessee to the Lessor exercising the option to purchase the Option Premises;

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Option 1 FTS certifies that it is the exclusive provider of an end user’s local exchange service. The loop-transport combinations must terminate at FTS’s collocation arrangement in at least one BellSouth central office. This option does not allow loop-transport combinations to be connected to BellSouth’s tariffed services. Under this option, FTS is the end user’s only local service provider, and thus, is providing more than a significant amount of local exchange service. FTS can then use the loop-transport combinations that serve the end user to carry any type of traffic, including using them to carry 100 percent interstate access traffic; or

  • First Option Income for a Specified Number of Years The Company will make equal monthly payments which will include both principal and interest. Payments will start on the Option Date and will continue for the number of years chosen. The number of years chosen cannot be more than 30. Interest is at the rate of 3 1/2% per year compounded yearly. Additional interest paid by the Company for any year will be added to the monthly payments for that year. Guaranteed monthly payments per $1,000 of proceeds applied to the First Option are shown below. ------------------------------------------------ Number Number Number of Years of Years of Years ------------------------------------------------ 1 $84.65 11 $9.09 21 $5.56 2 43.05 12 8.46 22 5.39 3 29.19 13 7.94 23 5.24 4 22.27 14 7.49 24 5.09 5 18.12 15 7.10 25 4.96 6 15.35 16 6.76 26 4.84 7 13.38 17 6.47 27 4.73 8 11.90 18 6.20 28 4.63 9 10.75 19 5.97 29 4.53 10 9.83 20 5.75 30 4.45

  • Optioned Shares means Common Shares that may be issued in the future to a Service Provider upon the exercise of an Option;

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Option B has the meaning assigned that term in Section 8.03(e).

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.