Option Account definition

Option Account means the Account maintained on behalf of the Employee under Section 3.4 to which contributions to the Plan are credited and from which amounts are withdrawn to exercise options on a Termination Date.
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Option Account means the account maintained with respect to each Option pursuant to Section 6.1 to keep track of the Underlying Shares of the Option.
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Option Account means an account maintained at a Broker Dealer to facilitate the option transactions (including, without limitations, purchase, sale, transfer and exercise) option transactions.
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Examples of Option Account in a sentence

  • Subsequent to the approval of your Firstrade Cash Account, you may elect to establish a Margin Account and/or Option Account.

  • Customef Folio Systematic Investment Plan (SIP)Scheme Plan Option Account No. Ffequency ■ Monthly ■ Quaftefly; Date ■ 1st ■ 7th ■10th■ 20th■ 25th Monthly/Quarterly Amount Enrolment Period From / (mm/yy) To / (mm/yy) Cheque No(s).

  • Automatic Payment Option (Account Deduction Authorization) is subject to the following conditions:1.

  • The Deferred Retirement Option Account consists of the reserves for all members who upon retirement eligibility elect to deposit into this account an amount equal to the member's monthly benefit if he had retired.

  • I also acknowledge that I have received the New Account Agreement, Option Account Agreement, Letter of Understanding (“Letter A”), and have read, understand and agree to all the terms contained in the Option Account Agreement.

  • I ACKNOWLEDGE THAT I HAVE RECEIVED AND READ THE PRE-DISPUTE ARBITRATION AGREEMENT.By signing below, I acknowledge that I have received, read and understand the Option Account Agreement and acknowledge having received and read the booklet entitled “Characteristics and Risks of Standardized Options” issued by the Options Clearing Corporation (“OCC”).

  • By signing below, I acknowledge that I have received a copy of the HTS Option Account Agreement Section of the Customer Information Brochure and that I have read, understand and agree to be bound by the terms.

  • Option Account Agreement (Please read, complete and sign below if you wish to trade on options.) Option Strategy Levels Requested: (Check the strategy level that you wish to utilize in this account)❑ Level 1: Covered Call Writing – Writing calls fully covered by underlying stock or security convertible into underlying stock.❑ Level 2: Level 1 plus buying calls and/or puts.❑ Level 3: Levels 1 and 2 plus put writing, spreads and straddles.

  • Stock Option Account relating to options lapsed has been transferred to General Reserve.

  • Stock Option Account relating to options exercised has been transferred to Securities Premium Account.


More Definitions of Option Account

Option Account means a charge account arising out of the sale of merchandise by Company at its retail outlets pursuant to a charge account agreement by the terms of which the buyer agrees to pay the unpaid balance together with a time price differential thereon in monthly installments. For the purpose hereof, the term "Option Account" shall include any charge account which meets the foregoing definition, regardless of its designation by Company.
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Option Account shall include any charge account which meets the foregoing definition, regardless of its designation by Company.
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Option Account means the account solely maintained and held on trust in an Australian authorized deposit-taking institution designated by the Committee on behalf of the Employee under Section 3.4 to which contributions to the Plan are credited and from which amounts are withdrawn to exercise options on a Termination Date, provided, that such amounts shall be converted to U.S. dollars utilizing the $A/$US exchange rate published by the Reserve Bank of Australia on that date.
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Option Account means the account solely maintained and held on trust in an Australian authorized deposit-taking institution designated by the Committee on behalf of the Employee under Section 3.4 to which contributions to the Plan are credited and from which amounts are withdrawn to exercise options on a Termination Date, provided, that such amounts
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Related to Option Account

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).