Retainer Option definition

Retainer Option means a stock option granted pursuant to the Plan in lieu of all or a portion of a Participant's Annual Retainer, as provided in Sections 6(c) and 6(d)(iv).

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Retainer Option means an option to purchase shares of --------------- Common Stock granted pursuant to Section 6.4.

Retainer Option means an option to purchase Common Stock granted pursuant to Section 7 of the Plan.

Examples of Retainer Option in a sentence

• The Bridge is not offering a Retainer Option at this time but may consider it as an option for the future if staff interpreters become legally court rostered or certified and workload merits services.

• Pre-purchased additional Service Days will co-terminate with the Term of Customer’s Retainer Service or Custom Retainer Option (as applicable).

• In addition to a Retainer Service or a Custom Retainer Option, Customer may purchase the following: SERVICE FEATURE SERVICE FEATURE DESCRIPTION ADDITIONAL SERVICE DAYS If Customer desires to increase Service Days included in Customer’s Retainer Service or Custom Retainer Option (as applicable), Customer may pre-purchase additional Service Days prior to a security incident occurring in increments of 5, 30 or 60 Service Days.

• Customers of a Retainer Service or Custom Retainer Option may pre-purchase additional Services Days in advance and/or purchase Additional Responder(s) as needed during an Incident Investigation.

• Except as provided above in the Retainer Option or the Reimbursed Special Services, the rates for legal services will remain in effect for the first two years of the contract.

• Retainer Options shall be cumulatively exercisable at the rate of 25% of the total Retainer Option at the end of each full fiscal quarter succeeding the date of grant.

• The Exercise Price is $___ per share, which is the Fair Market Value of the Shares subject to this Retainer Option on the Date of Grant.

More Definitions of Retainer Option

Retainer Option means each option granted under this Director Plan upon the Election of a Non-Employee Director to receive options to acquire shares of Common Stock in lieu of all or part of the Director's Retainer Fee. 3 IV. ADMINISTRATION -- The Director Plan shall be administered by such officers of the Company as the Board of Directors shall from time to time appoint; provided that the interpretation and construction of any provision of this Director Plan or any Election shall remain with the Board of Directors and any such determination by the Board of Directors shall be final and conclusive. The amount, price, and timing of the grants of Options hereunder will be automatic, as described herein.