Original Option definition

Original Option has the meaning ascribed to it in Section 8.2.

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Original Option means an Option described in Section 1.1 (including for greater certainty, any related Share Appreciation Right) which, as an intermediate step in the exchange described in Section 4.1, is exchanged for an option to purchase a New Non-Voting Share (and, for greater certainty, any related share appreciation right) of FCL Amalco (as those terms are defined in the Plan of Arrangement);

Original Option means an option as defined in Subsection (D) of Section 6 of the Plan.

Examples of Original Option in a sentence

• Except as set forth herein, the Original Option Agreement remains unchanged and in full force and effect.

• In case of any conflict between the Original Option Agreement, as amended, and the 2000 Stock Option Plan, the Original Option Agreement, as amended, shall control.

• This Agreement represents the entire understanding and agreement among the parties with respect to the subject matter hereof, and supersedes all other negotiations, understandings and representations (if any) made by and among such parties, including without limitation the Original Option Agreement.

• Each Reload Option shall cover a number of shares of Common Stock equal to the number of shares of Common Stock surrendered in payment of the exercise price, shall have an exercise price per share of Common Stock equal to the Fair Market Value of the Common Stock on the date of grant of such Reload Option and shall expire on the stated expiration date of the Original Option.

• The number of shares subject to any such Additional Option shall be calculated by taking the number of shares issued pursuant to such Purchase Price Adjustment provisions multiplied by three (3) and then determining the individual recipients' pro rata share based on the number of shares subject to each recipient's Original Option compared to the number of shares subject to the total of Original Options granted to then remaining employees.

More Definitions of Original Option

Original Option means any Option other than a Reload Option granted by the company in connection with the Prior Plan or the predecessor plan.

Original Option means an option as defined in Section 8 of this Plan.

Original Option means the option granted pursuant to the terms of the Original Option Agreement over [ ● ] shares in the capital of the Original Grantor, with an exercise price of [ ● ] per share;

Original Option means an Option described in Section 1.1 (including for greater certainty, any related Share Appreciation Right) which, as an intermediate step in the exchange described in Section 4.1, is exchanged for an option to purchase a New Non-Voting Share (and, for greater certainty, any related share appreciation right) of Fording (as those terms are defined in the Plan of Arrangement);

Original Option has the meaning set forth in Section 2(c). "Other Governmental Approvals" has the meaning set forth in Section4(a)(ii). "PSC Approval" has the meaning set forth in Section 4(a)(ii). "Proxy Statement/Prospectus" means the combined proxy statement of Corning Gas and prospectus with respect to the Holding Corp. Common Stock in the form first filed with the SEC after the Effective Date, as amended or supplemented form time to time prior to the Closing Date. "SEC" means the U.S. Securities and Exchange Commission. "Settlement Agreement" means the Joint Proposal regarding Corporate Restructuring, Standards Governing Affiliate Relations, Acquisition of Stock and Use of Revenues received from the Rendition of Public Service, dated as of the 15th day of March 2013, of the Staff of the New York Department of Public Service and Corning Gas, in Case 12-G-0141 and Case 11-G-0417. "Share Exchange" means the exchange of Corning Gas Common Stock for Holding Corp. Common Stock as provided in this Agreement and the Certificate of Exchange to be effective at the Effective Time. "Shareholder Approval" means approval of this Agreement and the Share Exchange by the holders of at least 66 2/3rd of the outstanding Corning Gas Common Stock at the Special Meeting. "Special Meeting" means the special meeting of Corning Gas Shareholders to be held as provided in the Proxy Statement/Prospectus and any adjournment thereof. "Stock Plan" means the Amended and Restated 2007 Corning Natural Gas Corporation Stock Plan, as amended from time to time. "Substitute Option" has the meaning set forth in Section 2(c).

Original Option means an option as defined in Subsection

Original Option the option granted pursuant to the terms of the Original Grant Agreement over [Number of Original Option Shares (D)] shares in the capital of the Original Grantor, with an exercise price of £0.0001 per share;