Description of Options. The following shall apply to the Option: Shares Subject to Stock Option: . Exercise Price Per Share: $ . Date of Grant: , 20 . Expiration Date: , 20 .
Description of Options. The Optionee is granted an ISO and/or a NQSO to purchase the number of shares of Common Stock of the Company as is set forth in Schedule A.
Description of Options. The Optionee is granted a NQSO to purchase the number of shares of Stock as set forth in Exhibit A.
Description of Options. Each Option shall initially entitle the Option Holder to purchase one share of Common Stock on exercise thereof, subject to modification and adjustment as hereinafter provided in Section 10. Option Certificates representing up to 100,000 Options and evidencing the right to purchase an aggregate of up to 100,000 shares of Common Stock of the Company shall be executed by the proper officers of the Company. The Company shall deliver Option Certificates in required whole number denominations to the person entitled thereto in connection with the original issuance of Option Certificates or any transfer or exchange permitted under this Agreement.
Description of Options. The Optionee is granted an ISO and/or a NQSO to purchase the number of shares of Stock of the Company as set forth in Schedule A. This 250,000 Option Award shall not be adjusted in terms the number of shares issuable upon exercise in the event of a reverse stock split of up to 1 for 30 effected within one year of the date hereof, but the exercise price will be adjusted.
Description of Options. Annuity income options aii., b., c. and d. are offered as fixed annuity options. This means that the amount of each annuity payment will be set on the annuity date and will not change.
Description of Options. Indicate Yes(Y) or No(N) below if you have any of these options and provide details in Paragraph 8 on Page Two: Renewal: Renewal Expansion Purchase Termination Expansion: Purchase: : Termination
Description of Options. As described below, we will credit the amounts left on deposit with us with a guaranteed rate of interest or make periodic payments of the proceeds and provide for interest at a guaranteed rate. The Settlement Options are based upon the UP-1984 Mortality Table with Age Setback Three Years at 3% Interest.
Description of Options. Prior to entering into any transaction involving an option, an individual should thoroughly understand the nature and type of option involved and the Underlying Futures Contract. The Futures Commission Merchant is required to provide, and the individual contemplating an option transaction should obtain:
Description of Options. Mutual recognition arrangements aim both to overcome mutually inconsistent requirements that may exist between national regulatory frameworks and to reduce compliance costs associated with the need to comply with the different regulatory requirements of different jurisdictions. Mutual recognition arrangements achieve these aims by enabling an issuer in the home jurisdiction to operate in the host jurisdiction on the basis of compliance with a single substantive regulatory framework (that of the home jurisdiction). Compliance with the regulatory framework of the home jurisdiction operates as a “passport” that allows an entity to carry on business in the host jurisdiction under the same regulatory framework. There are three alternative options available for a trans-Tasman mutual recognition arrangement for offers of securities and managed investment scheme interests. The three regimes are outlined below. Option one – disapplication of domestic law Option one is the simplest model of mutual recognition. It involves, for home jurisdiction issuers that satisfy the host jurisdiction’s domestic access regime, the host jurisdiction disapplying parts of its own regulatory framework (in relation to certain conduct by the home jurisdiction issuer) in favour of the applicable law of the home jurisdiction. There are no ongoing requirements under the law of the host jurisdiction (other than, for example, that the home jurisdiction issuer remain regulated in its home jurisdiction) – the offer is regulated solely by the law of the home jurisdiction. The securities regulator of the host jurisdiction has no involvement in the regulation of the offer, and has no supervisory or enforcement powers. Disapplication by the host jurisdiction of aspects of its domestic regulatory framework in relation to conduct by home jurisdiction issuers may be subject to additional specific requirements, such as to appoint a local agent. This option appears to be the basis of the model of mutual recognition adopted in the European Union (EU). Under the EU arrangements, EU countries have agreed to disapply their domestic licensing requirements in relation to entities that are subject to regulation in other EU jurisdictions. A licence granted in one EU jurisdiction operates as a regulatory “passport” across the EU. However, EU countries have not disapplied their respective ‘conduct of business’ rules. These rules continue to apply and differ significantly across EU jurisdictions. This approach ca...
