Each unexercised In-The-Money Tundra Option issued and outstanding immediately prior to the Effective Time shall thereafter be immediately cancelled.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
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.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
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.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Share Option means a Nonqualified Share Option or an Incentive Share Option.
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.
Director Option means an Option granted pursuant to Section 6.
Employee Option means an Option granted pursuant to Section 5.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.
Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.
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.
Nonqualified Option means any Option that is not an Incentive Stock Option.
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.
Unvested Company Option means any Company Option that is not a Vested Company Option.
SAR means a stock appreciation right granted under the Plan.
Parent Option means an option to purchase shares of Parent Common Stock.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
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.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Optioned Stock means the Common Stock subject to an Option.
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.