Option Plan definition

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

Option Plan shall have the meaning set forth in the third “whereas” paragraph.

Option Plan shall have the meaning set forth in Section 3(c).

Examples of Option Plan in a sentence

• Employee shall receive a stock bonus in accordance with the Company’s Incentive Stock Option Plan (“ISOP”) in an amount of one-hundred thousand dollars ($100,000) per year of the Agreement and valued at fair market value, such issuance shall be issued on the anniversary of each subsequent year of employment.

• Per Nebraska Revised Statute section 81-2041 State Patrol employees hired on or after July 1, 2016 are specifically prohibited from participating in the Deferred Retirement Option Plan (DROP).

• The Memorandum of Understanding regarding the Deferred Retirement Option Plan (DROP) is attached to and is incorporated by reference as part of this Agreement.

• The Option Plan shall have been amended by the Company on the date of execution of this Agreement in the form set forth in Exhibit D and such amendment shall remain in full force and effect without any further amendments, and each Optionholder shall have executed the modified standard form Employee Stock Option Agreement in the form set forth in Exhibit D.

• State Patrol employees hired after January 4, 1979 who are eligible for and elect to enter the Deferred Retirement Option Plan (DROP), shall be paid for all unused compensatory time at the time of entry into the Deferred Retirement Option Plan.

More Definitions of Option Plan

Option Plan means the stock option plan of the Company;

Option Plan means the Xxxxxxx Bros., L.P. Amended and Restated Unit Option Plan, as it may be amended, amended and restated, supplemented, or otherwise modified from time to time.

Option Plan means the 1998 Chancellor Media Corporation Non-Qualified Stock Option Plan, as amended from time to time, and any successor thereto.

Option Plan means the Company’s share option plan adopted on November 19, 2019 by the Board, and providing for the granting of incentive options to the Company’s directors, officers, employees and consultants in accordance with the rules and policies of the Exchange;

Option Plan means the Company’s Amended and Restated 2004 Stock Option Incentive Plan, as amended by that certain First Amendment, dated as of July 23, 2009.

Option Plan means the 2000 Stock Option Plan of Dayton Superior Corporation, as amended from time to time.

Option Plan shall have the meaning set forth in the fourth recital.