Optioned Shares definition

Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

Examples of Optioned Shares in a sentence

• All Options granted under the Plan will be evidenced by an Option Commitment in the form attached as Schedule A, showing the number of Optioned Shares, the term of the Option, a reference to vesting terms, if any, and the Exercise Price.

• In the event an Option granted under the Plan expires unexercised or is terminated by reason of dismissal of the Optionee for cause or is otherwise lawfully cancelled prior to exercise of the Option, the Optioned Shares that were issuable thereunder will be returned to the Plan and will be eligible for re-issuance.

• If any Optioned Shares are returned to the Company under this Section, the Company shall refund to the Optionee any Option Price paid for such Optioned Shares.

• Upon grant of an Option hereunder, an authorized officer of the Company will deliver to the Optionee an Option Commitment detailing the terms of such Options and upon such delivery the Optionee will be subject to the Plan and have the right to purchase the Optioned Shares at the Exercise Price set out therein subject to the terms and conditions hereof.

• If any Optioned Shares are returned to the Corporation under this Section, the Corporation shall refund the exercise price to the Optionee for such Optioned Shares.

More Definitions of Optioned Shares

Optioned Shares means the Shares subject to an Option.

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

Optioned Shares means the Shares issuable pursuant to an exercise of Options;

Optioned Shares means the Common Stock subject to an Option.

Optioned Shares means Common Shares that may be issued in the future to an Eligible Person upon the exercise of an Option;

Optioned Shares has the meaning specified in Section 2 hereof.

Optioned Shares means Shares that are subject to an Option or that were issued pursuant to the exercise of an Option.