Terms and Conditions of Options. The Options evidenced hereby are subject to the following terms and conditions:
Terms and Conditions of Options. The Options evidenced by this Agreement are subject to the following terms and conditions:
Terms and Conditions of Options. Each Option granted pursuant to the Plan shall be evidenced by a written agreement between the Company and the Grantee or a written notice delivered by the Company and accepted by the Grantee (the “Option Agreement”), in such form and containing such terms and conditions as the Committee shall from time to time approve, which Option Agreement shall comply with and be subject to the following terms and conditions, unless otherwise specifically provided in such Option Agreement or the terms referred to in Sections 9 and 10 below. For purposes of interpreting this Section 6, a director's service as a member of the Board or the services of an officer, as the case may be, shall be deemed to be employment with the Company or its Subsidiary or Affiliate.
Terms and Conditions of Options. Options granted under the Plan shall include expressly or by reference the following terms and conditions, as well as such other terms and conditions as the Committee shall deem desirable:
Terms and Conditions of Options. Options granted under the Plan shall be non‑qualified options for federal income tax purposes, and shall be subject to the foregoing and the following terms and conditions and to such other terms and conditions, not inconsistent therewith, as the Administrator shall determine:
Terms and Conditions of Options. Each Option granted pursuant to the Plan shall be evidenced by a written agreement between the Company and the Grantee or a written notice delivered by the Company and accepted by the Grantee (the “Option Agreement”), in such form and containing such terms and conditions as the Committee shall from time to time approve, which Option Agreement shall comply with and be subject to the following terms and conditions, unless otherwise specifically provided in such Option Agreement or the terms referred to in Sections 9 and 10 below.
Terms and Conditions of Options. 9 (a) Stock Option Award Agreement 9 (b) Number of Shares 9 (c) Exercise Price 10 (d) Withholding Taxes 10 (e) Exercisability and Term 10 (f) Exercise of Options 10 SITIME CORPORATION 2019 STOCK INCENTIVE PLAN (g) Effect of Change in Control 10 (h) No Rights as a Stockholder 11 (i) Modification, Extension and Renewal of Options 11 (j) Restrictions on Transfer of Shares 11 (k) Buyout Provisions 11 SECTION 8. PAYMENT FOR SHARES 11 (a) General Rule 11 (b) Surrender of Stock 11 (c) Services Rendered 11 (d) Cashless Exercise 11 (e) Exercise/Pledge 12 (f) Net Exercise 12 (g) Promissory Note 12 (h) Other Forms of Payment 12 (i) Limitations under Applicable Law 12 SECTION 9. STOCK APPRECIATION RIGHTS 12 (a) SAR Award Agreement 12 (b) Number of Shares 12 (c) Exercise Price 12 (d) Exercisability and Term 13 (e) Effect of Change in Control 13 (f) Exercise of SARs 13 (g) Modification, Extension or Assumption of SARs 13 (h) Buyout Provisions 13 SECTION 10. STOCK UNITS 13 (a) Stock Unit Award Agreement 13 (b) Payment for Awards 14 (c) Vesting Conditions 14 (d) Xxxxxx and Dividend Rights 14 (e) Form and Time of Settlement of Stock Units 14 (f) Death of Participant 14 (g) Creditors’ Rights 15 SITIME CORPORATION 2019 STOCK INCENTIVE PLAN SECTION 11. CASH-BASED AWARDS 15 SECTION 12. ADJUSTMENT OF SHARES 15 (a) Adjustments 15 (b) Dissolution or Liquidation 15 (c) Reorganizations 15 (d) Reservation of Rights 16 SECTION 13. DEFERRAL OF AWARDS 17 (a) Committee Powers 17 (b) General Rules 17 SECTION 14. AWARDS UNDER OTHER PLANS 17 SECTION 15. PAYMENT OF DIRECTOR’S FEES IN SECURITIES 17 (a) Effective Date 17 (b) Elections to Receive NSOs, SARs, Restricted Shares or Stock Units 17 (c) Number and Terms of NSOs, SARs, Restricted Shares or Stock Units 18 SECTION 16. LEGAL AND REGULATORY REQUIREMENTS 18 SECTION 17. TAXES 18 (a) Withholding Taxes 18 (b) Share Withholding 18 (c) Section 409A 18 SECTION 18. TRANSFERABILITY 19 SECTION 19. PERFORMANCE BASED AWARDS 19 SECTION 20. NO EMPLOYMENT RIGHTS 19 SECTION 21. DURATION AND AMENDMENTS 19 (a) Term of the Plan 19 (b) Right to Amend the Plan 19 (c) Effect of Termination 19 SECTION 22. AWARDS TO NON-U.S. PARTICIPANTS 20 SITIME CORPORATION 2019 STOCK INCENTIVE PLAN SECTION 23. GOVERNING LAW 20 SECTION 24. SUCCESSORS AND ASSIGNS 20 SECTION 25. EXECUTION 20 SITIME CORPORATION 2019 STOCK INCENTIVE PLAN SITIME CORPORATION 2019 STOCK INCENTIVE PLAN
Terms and Conditions of Options. Options shall be evidenced by Option Agreements specifying the number of shares of Stock covered thereby, in such form as the Board shall from time to time establish. No Option or purported Option shall be a valid and binding obligation of the Company unless evidenced by a fully executed Option Agreement. Option Agreements may incorporate all or any of the terms of the Plan by reference and shall comply with and be subject to the following terms and conditions:
Terms and Conditions of Options. Each Option shall be set forth in an Option Agreement duly executed by the Company and, to the extent required by law or requested by the Company, by the Participant. The Administrator may provide that Options be granted subject to such terms and conditions, consistent with the terms and conditions specifically required under this Plan, as the Administrator may deem appropriate including, without limitation, subsequent approval by the shareholders of the Company of this Plan or any amendments thereto. The Option Agreements shall be subject to at least the following terms and conditions:
Terms and Conditions of Options. 10 (a) Stock Option Award Agreement 10 (b) Number of Shares 10 COURSERA, INC. 2021 STOCK INCENTIVE PLAN
