the Options definition

the Options means the First Option and the Second Option;
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the Options shall: (i) in the case of "Cause," immediately be forfeited and cease to be exercisable, and (ii) in the case of "Voluntary Resignation within Five Years," those Options which have not vested shall be terminated and those Options which have vested shall be exercisable pursuant to the provisions of the Plan. The term "Voluntary Resignation within Five Years" means if you voluntarily elect to resign your employment at your own instance without having been requested to so resign by KeyCorp on or before the fifth anniversary date of the Option Grant Date, except that any resignation by you shall not be deemed to be a Voluntary Resignation if (a) you terminate your employment "on grounds of Constructive Termination," (b) you terminate your employment after a "Change of Control" and receive a severance benefit or continuing compensation under your Employment Agreement (as hereinafter defined), or (c) the Committee otherwise determines that your resignation is not voluntary. The terms "Cause," "on grounds of Constructive Termination," and "Change of Control" shall have the meanings given to them in the Employment Agreement, dated as of May 15, 1997, between you and KeyCorp, as heretofore or hereafter amended or restated from time to time (including any employment agreement replacing or superseding such agreement) (herein the "Employment Agreement").
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the Options means Options granted under this Scheme
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Examples of the Options in a sentence

  • There are no participation rights or entitlements inherent in the Options and holders will not be entitled to participate in new issues of capital offered to Shareholders during the currency of the Options without exercising the Options.

  • In case any Option is issued in connection with the issue or sale of other securities of the Company, together comprising one integrated transaction in which no specific consideration is allocated to such Options by the parties thereto, the Options will be deemed to have been issued for a consideration of $.01.

  • Shares issued on exercise of the Options rank equally with the then issued shares of the Company.

  • Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited.

  • In case any Option is issued in connection with the issue or sale of other securities of the Company, together comprising one integrated transaction in which no specific consideration is allocated to such Options by the parties thereto, the Options will be deemed to have been issued for a consideration of $0.01.

  • To the extent that the aggregate Fair Market Value (determined at the time of grant) of Common Stock with respect to which Incentive Stock Options are exercisable for the first time by any Optionholder during any calendar year (under all plans of the Company and its Affiliates) exceeds one hundred thousand dollars ($100,000), the Options or portions thereof which exceed such limit (according to the order in which they were granted) shall be treated as Nonstatutory Stock Options.

  • Click the “Actions/Views” link in the Options column next to this announcement to obtain a dropdown menu.

  • To the extent that the aggregate Fair Market Value (determined at the time of grant) of stock with respect to which Incentive Stock Options are exercisable for the first time by any Optionee during any calendar year under all plans of the Company and its Affiliates exceeds one hundred thousand dollars ($100,000), the Options or portions thereof which exceed such limit (according to the order in which they were granted) shall be treated as Nonstatutory Stock Options.

  • During the terms of the Options, the Company shall keep available at all times the number of shares of Common Stock required to satisfy such Options.

  • Except in the case of Options granted to Officers, Directors and Consultants, Options shall become exercisable at a rate of no less than 20% per year over five (5) years from the date the Options are granted.


More Definitions of the Options

the Options means the Call Option and the Put Option. "THE OPTION SHARES" means the Shares held by Mr J. W. M. Xxxxx as set out in Column (2) of Schedule 1. "THE PENSION SCHEME" means the pension scheme described in Schedule 5 "THE PLANNING ACTS" mean the Town and Country Planning Xxx 0000, the Planning (Listed Buildings and Conservation Areas) Xxx 0000, the Planning (Hazardous Substances) Xxx 0000 and the Planning (Consequential Provisions) Xxx 0000 "THE PROPERTY" means the leasehold land and buildings briefly described in Schedule 4
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the Options means together the First Option, the Second Option, the Third Option and the Fourth Option.
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the Options. (the "Performance Options") shall vest on the ninth anniversary of their grant date, but shall accelerate upon the achievement of the share prices set forth below for Common Stock: (i) following an initial public offering, as an average closing price for any 180 day consecutive period, or (ii) in a Change in Control; Per Share Price % Vested --------------- -------- below $12.00 0% $12.00 - $14.99 10% $15.00 - $17.99 20% $18.00 - $19.99 30% $20.00 - $24.99 50% $25.00 - $29.99 75% above $29.99 100%" ; and
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Related to the Options

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

  • Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;

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

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

  • 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.

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

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

  • 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.

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

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

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

  • Stock Rights means any securities, dividends or other distributions and any other right or property which any Grantor shall receive or shall become entitled to receive for any reason whatsoever with respect to, in substitution for or in exchange for any securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral and any securities, any right to receive securities and any right to receive earnings, in which any Grantor now has or hereafter acquires any right, issued by an issuer of such securities.

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

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

  • 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.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

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

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • 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.

  • SARS means the South African Revenue Service.

  • NSO means a stock option not described in sections 422 or 423 of the Code.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

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