Option Gain definition

Option Gain means the amount by which the Fair Market Value of Company Common Shares purchased upon exercise of an Option, as of the date of such exercise, exceeds the Exercise Price of such Option. Terms capitalized in the foregoing sentence have the same meanings as defined in the Option Plan.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Option Gain means a gain realised on the exercise or release of, or the acquisition of Shares pursuant to, this Option, being a gain that is treated as derived from the Optionholder’s employment by virtue of section 4(4)(a) of the SSCBA

Option Gain means a gain realized by you upon the exercise, assignment or release of the Option, being a gain that is chargeable to income tax under section 476 of the UK Income Tax (Earnings & Pensions) ▇▇▇ ▇▇▇▇;

Examples of Option Gain in a sentence

For purposes of this Section 4, "Option Gain" is defined as the gain represented by the mean market price of the Common Stock on the date of the exercise of any or all of the Option over the exercise price, multiplied by the number of shares Optionee purchased in the exercise of any or all of the Option, without regard to any subsequent market price decrease or increase.
Settlement of any Unit, which otherwise would occur at the Settlement Date, will be deferred in certain cases if and to the extent Employee is permitted to participate in the Stock Option Gain and Stock Award Deferral Program or otherwise permitted to defer the Units and Employee makes a valid deferral election relating to the Units.
You shall also be required to pay to the Company the amount of all Retention Option Gain upon the occurrence of those certain events described in Section 11(b) of the Employment Agreement.
The Net Realizable Value of an Option Share at any time shall be the fair market value of such share at such time less the sum of (i) the Option Price for such Option Share, and (ii) a provision for taxes equal to the difference between such fair market value and such Option Price (the "Option Gain") multiplied by the highest rate of federal and state income tax to which the Option Gain will be subject (with offset for deductibility of such state taxes).
Upon consummation of a "Sale of the Company," if the Employee is employed by the Company immediately prior thereto, he will be entitled to receive a payment from the Company in the amount of 250% of his (i) then current base salary plus (ii) target annual bonus, reduced by his "Option Gain" and subject to any applicable withholding or employment taxes.

More Definitions of Option Gain

Option Gain the aggregate amount computed for all of the options to purchase capital stock of the Company or other equity compensation awards theretofore granted to the Employee, of the excess of the consideration received by the holders of the Company's common stock for a share of such common stock in connection with the applicable Sale of the Company over the exercise price of the option or other award, if any, multiplied by the number of shares of the Company's common stock covered by each such option or award. The amount of the Option Gain shall be finally and conclusively determined by the Board of Directors of the Company in its good faith.

Option Gain means the amount by which the fair market value of exercised Tektronix Common Share options exceeds the exercise price.

Option Gain means the ‘in the money value’ of the Shares which are purported to be the subject of the exercise, such value being calculated as follows:

Option Gain means a gain realized upon the exercise, assignment or release of an Option, being a gain that is chargeable to income tax under section 476 of the Income Tax (Earnings and Pensions) Act 2003 (UK);

Option Gain means the gain represented by the closing market price on the date of exercise over the exercise price, multiplied by the number of shares purchased, without regard to any subsequent market price decrease or increase.

Option Gain a gain realised upon the exercise, assignment or release of this Option, being the amount that is chargeable to income tax under section 135 of the Act; "Option-holder" the holder of an Option or, where the context admits or requires, his legal personal representatives;

Option Gain means the gain represented by the mean market price on the date of exercise over the Exercise Price, multiplied by the number of shares purchased through exercise of the Option, without regard to any subsequent market price decrease or increase. The forfeiture provisions described in this Section 9 shall apply even if the Company does not elect otherwise to enforce any employment or other agreement or take other action against the Optionee, but shall not apply if termination of the Optionee's employment with the Company occurs in connection with or following a Change in Control involving the Company (as defined in the Plan).