Examples of Premium Options in a sentence
The options granted hereunder are “Nonqualified Stock Options” and are referred to herein as “Options.” One-half of the total number of Options granted hereunder will be Market Options and one-half of the total number of Options granted hereunder will be Premium Options.
Alternative Premium Options: "X" for 10% premium declining over o7 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance.
Notwithstanding the foregoing, the parties hereto shall enter into stock option agreements in respect of the Time-Vested Option and the Premium Options, setting forth terms and conditions consistent with the provisions of this Agreement and such other terms and conditions approved by the Compensation Committee and consistent with the Company's Executive Stock Incentive Plan.
SMARTnet Maintenance Premium Options (e.g., Cisco Smart Call Home Feature, Cisco SMARTnet Onsite Service) must be available at like or greater discounts.17.
Any Change in Control Option Spread with respect to Time-Based Options or Premium Options that are forfeited shall promptly be returned to the Company and the Participant shall cease to have any rights with respect thereto.
In the event that a Participant’s Employment with the Company is terminated by the Company without Cause or by the Participant for Good Reason during the two (2)-year period following a Change in Control of the Company (a “Qualifying Termination”), all of the Participant’s outstanding Time Based Options and Premium Options shall immediately vest and become exercisable as of the date of such termination of Employment.
Notwithstanding anything to the contrary in this Agreement, 57,505 of the Regular Options and all of the Premium Options (together, the “Approval-Subject Options”) are granted expressly subject to and conditioned upon (and may not be exercised, in whole or in part, until) the approval by the Company’s stockholders at or before the Company’s 2021 Annual Meeting of Stockholders of a sufficient increase in the number of Shares available for issuance under the Plan to cover the Approval-Subject Options.
Options issued to employees in the 2016 Premium Options Plan (staff) have been exercised in July 2020.
Thomas and the right is so basic that it doesn’t have to be mentioned.
One-half of these stock options will have an exercise price equal to Fair Market Value ("FMV Options") and the other half will have an exercise price equal to 130% of Fair Market Value ("Premium Options").