Prior Options definition

Prior Options means Options granted pursuant to the Prior Scheme;

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Prior Options has the meaning set forth in Section 11(b) below.

Prior Options means those options held by Participants prior to the closing of the transactions contemplated by the Merger Agreement that were replaced by the Rollover Options.

Examples of Prior Options in a sentence

Thus, in applying the $100,000 Limitation under this Option, the fair market value (determined as of the date of grant) of the shares of stock with respect to which options first become exercisable under the Prior Options during the calendar year shall first be determined.
If no special provision is made on Exhibit A, the $100,000 Limitation shall be applied by giving priority to options which first become exercisable during a calendar year under the Prior Options.
The Prior Options continue to be subject to Holdings’ equity plans and individual stock option grant notices and agreements, as applicable, including but not limited to the vesting schedules set forth therein.
Any false attestation made under the Minimum Share Ownership Policy may result in the immediate cancellation of this Option and all Prior Options (to the extent not exercised), whether or not vested.
The Prior Options and any Subsequent Awards (collectively, the “Equity Awards”) may be subject to accelerated vesting in accordance with Section 6 of this Agreement.
The Prior Options and Prior Restricted Stock Awards are subject to the Company’s 2006 Equity Incentive Plan (the “2006 Plan”) or the Company’s 2016 Equity Incentive Plan (the “2016 Plan”) and individual stock option and restricted stock grant notices and agreements (“Award Agreements”), as applicable, including but not limited to the vesting schedules set forth therein.
The Prior Options are hereby exchanged for Options, on the terms and conditions set forth herein, with respect to such number of Shares and at such exercise prices as set forth on Appendix A, in each case subject to adjustment as set forth in the Plan.
The terms and conditions of the Stock Options shall be substantially similar to the terms and conditions of the Prior Options, to the extent such terms and conditions are consistent with the Plan.
The Prior Options and Prior Restricted Stock Awards may be subject to accelerated vesting in accordance with Section 6 of this Agreement.
Any Prior Options will remain subject to the terms and conditions of the Prior Scheme only to the extent that any terms contained in this Scheme would adversely impact the terms of issue of any Prior Option(s) granted prior to the Adoption Date.

More Definitions of Prior Options

Prior Options means, collectively, Prior Vested Options and Prior Unvested Options.

Prior Options. As a condition of the grant of Annual Performance Vested Options and Cumulative Performance Vested Options under this Option Agreement, Holder and Company hereby acknowledge and agree that, as of the Effective Date, (i) all Prior Unvested Options granted to Holder, if any, shall be deemed cancelled, and of no further force or effect; and (ii) all Prior Vested Options previously granted to Holder, if any, shall no longer be subject to the terms and conditions of the Company’s 2004 Stock Option Plan or, except as provided in the next sentence, the option agreement entered into in connection therewith, and shall instead be deemed “Options” for all purposes under the Plan and under this Option Agreement and be subject to the terms and conditions contained in each. This paragraph shall have no effect as to the number of shares of Stock subject to, and the exercise price and Expiration Date applicable to, any Prior Vested Option granted to Holder, subject to any subsequent adjustment applicable to all Options as permitted under the Plan.

Prior Options means those options held by Participants prior to the closing of the transactions contemplated by the MPTC Merger Agreement that were replaced by the Rollover Options pursuant to the terms and conditions of the MPTC Merger Agreement.

Prior Options means PNC stock options granted prior to January 1, 2001 or, in the case of reload stock options, that were or will be granted in connection with the exercise of original stock options issued prior to that date.