The Discount Rate applied will be relative to the VCP Option that the Buyer has selected as set out in Table 1 of Appendix 2.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Top-Up Option has the meaning set forth in Section 1.04(a).
Vested Option means any Option, which has already been vested according to the Vesting Dates.
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.