Examples of Option Rights in a sentence
Successive grants may be made to the same Participant whether or not any Option Rights previously granted to such Participant remain unexercised.
Any grant of Option Rights may specify Management Objectives that must be achieved as a condition to the exercise of such rights.
Such provision, however, will remain in effect for other Option Rights and there will be no further effect on any provision of this Plan.
Tandem Appreciation Rights may be granted at any time prior to the exercise or termination of the related Option Rights; provided, however, that a Tandem Appreciation Right awarded in relation to an Incentive Stock Option must be granted concurrently with such Incentive Stock Option.
Each grant of Option Rights will be evidenced by an Evidence of Award.