Reload Feature definition

Reload Feature means a feature of an Option described in a Participant’s stock option agreement that authorizes the automatic grant of a Reload Option in accordance with the provisions of Section 9(e).

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Reload Feature means a feature of an Option described in an employee's stock option agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 10(d).

Reload Feature means a feature of an Option described in a Participant's Award Agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 10(d).

Examples of Reload Feature in a sentence

• The Committee may, in its discretion, cause the Company to place on any certificate representing Company Stock issued to a Participant upon the exercise of an underlying Option (possessing a Reload Feature as evidenced by the stock option agreement for such Option) delivered pursuant to this subsection (d), a legend restricting the sale or other disposition of such Company Stock.

• As an inducement to encourage the Executive to exercise the Option and to acquire and hold shares of Common Stock, the Option shall contain a reload feature (the "Reload Feature").

• In no event shall the inclusion of the Reload Feature in the Option be construed to imply or require that future grants of stock options to the Executive shall contain a similar feature nor shall the grant of a Reload Option in any year be construed to imply or require the exclusion of the Executive from consideration of equity incentive award grants.

More Definitions of Reload Feature

Reload Feature means a feature of an Option described in an employee's stock option agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 10(d). (t) "Reload Option" means an Option granted to an employee equal to the number of shares of already owned

Reload Feature means a feature of an Option described in an employee's stock option agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 8(d).

Reload Feature. Purchase Price Per Share: $10.00 --------------------------- Payment of Purchase Price: _________ Number of Days to Determine Fair Market Value: _________________ Date of Agreement: _________________ Grant Date: ____________________________

Reload Feature means a feature of an Option, as described in the Participant's stock option agreement, that provides for the automatic grant of a Reload Option in accordance with the provisions of Section 10(b).

Reload Feature means a feature of an Option described in a Participant’s stock option agreement that requires the Committee to grant a Reload Option in accordance with the provisions described in Section 6(d).

Reload Feature means with respect to any Option the right, if any, stated in the Instrument evidencing the Option, entitling the optionee upon exercise of the Option (the "original Option") to be granted a new Option, having a Date of Grant as of the date of exercise of the original Option and an Exercise Period commensurate with the remainder of the Exercise Period of the original Option, to purchase a number of shares of Stock equal to the number of shares purchased upon that exercise of the original Option for an Exercise Price equal to the Fair Market Value of the stock at that Date of Grant; provided that no Reload Feature may obligate the issuance of Stock that will cause the Maximum Aggregate Number of Shares to be exceeded.