Employee Option definition

Employee Option means an Option granted pursuant to Section 5.

Employee Option means a Company Option that was granted to the holder in the holder’s capacity as, or had vesting tied to the holder’s performance of services as, an employee of the Company for applicable employment Tax purposes.

Employee Option means an option to purchase shares of Common Stock issued under the Option Plan or other equity award plan of Holdings.

Examples of Employee Option in a sentence

• Stock Option Plans and Other Employee Option Grants -- In June 1989, Isis adopted a stock option plan which provides for the issuance of incentive and non-qualified stock options for the purchase of up to 10,200,000 shares of common stock to its employees and certain other individuals.

• The College shall provide each Member each Contract Year health and dental benefit dollars (“Ben Dollars”) equal to the difference between $24,000 and the annual premium for PPO Employee (self-only) health insurance coverage with a $1,050 deductible and Employee Option 2 Dental Coverage.

• The following disciplinary actions shall be taken against a Covered Employee whose drug or alcohol test has a positive reading, as defined in Appendix "A" hereto, or who is guilty of using or being under the influence of a controlled substance or alcohol at the workplace, and hereinafter collectively referred to as an offense: (a) First Offense (1) Covered Employee Option 1 --The Covered Employee shall be afforded the opportunity to enroll in a substance abuse assistance or rehabilitation program .

• The Employee Option Benefit Fund (EOBF) allowance is used to offset health premium costs.

• After the expiration of the Town Employee Option Period, Developer may then offer the Homes for sale to any Qualified Homebuyer.

More Definitions of Employee Option

Employee Option means each Vested Company Option that was granted to the holder in the holder’s capacity as, or that had vesting tied to the holder’s performance of services as, an employee service provider of the Company for applicable employment Tax purposes pursuant to the applicable award agreement.

Employee Option means any option to purchase Common Stock for cash which is granted by or with the approval of the Compensation Committee to any director, officer, employee or consultant of the Corporation or any subsidiary of the Corporation pursuant to either (i) the Corporation's 1993 Stock Option Plan or the Corporation's 1994 Stock Option Plan as in effect on the Closing Date or (ii) any other option plan adopted by the Corporation after the Closing Date with the prior approval of the Majority Holders, in each case as the same may be amended from time to time with the prior approval of the Majority Holders.

Employee Option means each Company Option granted to a holder thereof in such holder’s capacity as an employee service provider of the Company or any of its Subsidiaries for applicable employment Tax purposes.

Employee Option means each Company Option that was granted to the holder in the holder’s capacity as an employee of the Company or its Subsidiaries for applicable employment Tax purposes as specified in the Closing Consideration Schedule.

Employee Option means an option to purchase Stock granted pursuant to the terms and conditions of Article 5 below.

Employee Option means an option granted pursuant to the Plan to an individual who, at the time of grant, is an employee of the Company or any of its Subsidiaries.

Employee Option means a Company Option granted to a Person in their capacity as an employee of the Company for applicable employment Tax purposes.