Vested LIPO Canada Option means that part of a LIPO Canada Option which is exercisable, as of the Effective Date, in accordance with the terms of such option and the LIPO Canada Option Plan.
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 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).
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
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.
Employee Option means an Option granted pursuant to Section 5.
First Option has that meaning set out in Section 3.1 (a);
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Director Option means an Option granted pursuant to Section 6.
Parent Option means an option to purchase shares of Parent Common Stock.
Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.
Call Option Date As defined in Section 10.01(a) hereof.
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.
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.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.
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.
Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.
Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.
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.
Covered Call Option means an exchange traded option 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 (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.
Call Option Period has the meaning given to it in Condition 6.04 (Call Option);
Optioned Stock means the Common Stock subject to an Option.