PennFed Option definition

PennFed Option means an option to purchase shares of PennFed Common Stock granted pursuant to the PennFed Option Plan and as set forth in PENNFED DISCLOSURE SCHEDULE 4.3.1.

Related to PennFed Option

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Director Option means an Option granted pursuant to Section 6.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Employee Option means an Option granted pursuant to Section 5.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • SAR means a stock appreciation right granted under the Plan.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.