Option Committee definition

Option Committee means the Committee selected and designated by the Board of Directors to administer the Plan, consisting of not less than two (2) members of the Board of Directors.

Option Committee means the Board or any of its committees, as applicable, that is administering the Plan pursuant to Section 4 of the Plan.

Option Committee means the Committee selected and designated by the Board of Directors to administer the 2019 Plan, consisting of not less than one (1) member of the Board of Directors. In the event the Board has not established an Option Committee, the functions will be performed by the Board.

Examples of Option Committee in a sentence

• The eligibility for participation in the ESOS shall be at the discretion of the Option Committee appointed by the Board of Directors.

• The options are exercisable at a price (not less than fair market value on the date of grant) and during a period determined by the Stock Option Committee.

• Reports, Handbooks etc.United Nations Environmental Programme, Report of the Refrigeration, Air Conditioning and Heat Pumps, Technical Option Committee, 2002, Assessment - 2002.

• The Stock Option Committee of the Board of Directors, consistent with the terms of the Plan, will determine the types of awards to be granted, the terms and conditions of each award and the number of shares of common stock to be covered by each award.

• The principal function of this Option Committee is to administer the Company’s Employees’ Share Option Scheme (ESOS) in accordance with the ESOS Scheme’s by-laws.

More Definitions of Option Committee

Option Committee. The Plan shall be administered by the Option Committee which shall consist of the Board or a committee of the Board as the Board may time to time designate.

Option Committee means the committee responsible for administering the Plan pursuant to the authority set forth in Section 3 hereof. The Compensation Committee of the Board of Directors shall serve as the Option Committee .

Option Committee means the committee chosen by the Board of the Company to administer the Plan;

Option Committee means the Committee selected and designated by the Board of Directors to administer the Plan, consisting of not less than two (2) members of the Board of Directors and if there is only one member of the Board of Directors, then such member.

Option Committee means the Option Committee appointed by the

Option Committee means a duly appointed committee of the Directors comprising Directors who:

Option Committee means the committee responsible for administering the Plan as described in Section 3 hereof.