Option Valuation Methodology definition
Option Valuation Methodology means the method for determining the number of shares to be subject to Options, and the exercise price thereof, granted in payment of Retainer Fees under Section 8(e)(ii).
Option Valuation Methodology means the method specified by the Board of Directors from time to time for determining the number of shares of Stock to be subject to an Option and, if applicable, the exercise price thereof. The Option Valuation Methodology may be the Black-Scholes option valuation methodology or such other methodology as may be deemed reasonable by the Board of Directors.
Examples of Option Valuation Methodology in a sentence
The exercise price per share of Stock purchasable under an Option will be determined in accordance with the Option Valuation Methodology.
You shall acknowledge Hai-O Arts & Culture Grants as a supporter of the Project.
The Board shall determine the Option Valuation Methodology which will be used to determine the number of Options granted and the Option exercise price.