Stock Option Unit definition

Stock Option Unit means a Stock Option Unit awarded to a Participant pursuant to Article IV.
Sample 1

Examples of Stock Option Unit in a sentence

  • Upon exercise of these Stock Option Units, the beneficiaries will receive, for each Stock Option Unit exercised, an amount in cash equal to the difference between (i) the value of one Alcatel Lucent Share and (ii) the exercise price of the Stock Option Unit increased by any taxes and/or fees applicable to the exercise of the Stock Option Unit.

  • No Participant or any person claiming under or through him shall have any right or interest, whether vested or otherwise, in the Plan or in any Stock Option Unit, or Deferred Stock Unit award under the Plan, contingent or otherwise, unless and until all of the terms, conditions and provisions of the Plan that affect the Participant or such other person shall have been complied with.

  • The exercise price for each Stock Option Unit awarded for a Plan Year shall be the Daily Average Share Price on the Valuation Date for that Plan Year.

  • For purposes herein, the date of conversion shall be deemed to be the ten year anniversary of the grant of the Stock Option Unit or, if earlier, the effective date that the Sales Representative Agreement terminated.

Related to Stock Option Unit

  • 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.

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

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

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

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

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

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

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

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

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

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

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

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

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • SAR means a stock appreciation right granted under the Plan.

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

  • NQSO means any Option that is not an ISO.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.