Annual Option definition

Annual Option means an Option granted on an annual basis to a Nonemployee Director of the Corporation as provided in Section 8.
Annual Option means a Non-Qualified Stock Option granted to a Non-Employee Director on the next business day following each annual meeting of stockholders at which such Non-Employee Director is elected as a Director, other than the annual meeting of stockholders at which such Non-Employee Director is initially elected a Director.
Annual Option means a stock option granted pursuant to subsection 5(c) of the Plan.

Examples of Annual Option in a sentence

  • The WNA Dth formula is as follows: WNA Billing Volume = ((Cycle Usage per DD) X (Cycle DD Variance)) + Actual Dth Usage ANNUAL OPTION Each summer, the Company will send a notice to all GS residential customers advising them that their bills will be weather-adjusted.

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  • The WNA Dth formula is as follows: WNA Billing Volume = ((Cycle Usage Per DD) X (Cycle DD Variance)) + Actual Dth Usage ANNUAL OPTION Each summer, the Company will send a notice to all GS-1 and GSS residential customers advising them that their bills will be weather-adjusted.

  • The WNA Dth formula is as follows: WNA Dth = ((Cycle Usage Per DD) X (Cycle DD Variance)) + Actual Dth Usage ANNUAL OPTION Each year during the summer, the Company will send a notice to all GS-1 and GSS residential customers advising them of the WNA and offering them an option to elect not to have their billing weather adjusted.

  • The WNA Dth formula is as follows: WNA Billing Volume = ((Cycle Usage per DD) X (Cycle DD Variance)) + Actual Dth Usage ANNUAL OPTION Each summer, the Company will send a notice to all GSR and residential GSE customers advising them that their bills will be weather-adjusted.


More Definitions of Annual Option

Annual Option means an Option granted to a Non-Employee Director pursuant to Section 4(a)(ii) of the Plan.
Annual Option means an Option granted pursuant to Section 5(c) of this Plan.
Annual Option means an Option to purchase the number of shares specified in or under Section 6(a), subject to adjustment as provided in Section 8.
Annual Option means an Option Right granted to an Eligible Director pursuant to Section 5 of this Plan.
Annual Option means an option to purchase shares ------------- of Common Stock granted pursuant to Section 6.2.
Annual Option means an Option granted pursuant to Section 5.1 hereof.
Annual Option means a non-qualified option to purchase shares of Stock pursuant to Plan Section 3.