ReD Options definition
ReD Options. ’ means the outstanding options to purchase ReD Shares issued pursuant to the ReD Option Plan;
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Related to ReD Options
Vested Options means the Options that have vested in accordance with Section 1.3 of this Agreement.
Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Stock’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Company Stock Options means all options to acquire shares of Company Common Stock from the Company, whether granted pursuant to the Company Stock Plans or otherwise.