SILEX Option. Means the only available option for SILEX to gain a 65% interest in the Company pursuant to the terms and conditions set forth in Clause Nine of this Agreement.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
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.
Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.
Top-Up Option has the meaning set forth in Section 1.04(a).
Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
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.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
Director Option means an Option granted pursuant to Section 6.
Employee Option means an Option granted pursuant to Section 5.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Option means a stock option granted pursuant to the Plan.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
First Option has that meaning set out in Section 3.1 (a);
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).
Parent Option means an option to purchase shares of Parent Common Stock.
Optioned Stock means the Common Stock subject to an 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.
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.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.
Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.
Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.