Sennen Option definition

Sennen Option means an option to purchase Sennen Shares granted under the Sennen Resources Ltd. Stock Option Plan approved by Sennen Shareholders on June 28, 2011, as amended. TAKE ACTION – DEPOSIT YOUR SHARES TODAY THE OFFER IS OPEN FOR ACCEPTANCE UNTIL 11:59 PM EASTERN TIME ON AUGUST 21, 2012 5

Related to Sennen Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Option means a stock option granted pursuant to the Plan.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • First Option has that meaning set out in Section 3.1 (a);

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Director Option means an Option granted pursuant to Section 6.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Employee Option means an Option granted pursuant to Section 5.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.