work option definition
work option means the act of participating in community service work as an alternative to incarceration for failure to pay
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Related to work option
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
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.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Employee Option means an Option granted pursuant to Section 5.
Incentive Option means an Option that is intended to comply with the requirements set forth in Section 422 of the Code.