Option Grantee definition

Option Grantee means an employee having a right but not an obligation to exercise an option in pursuance of ESOS;
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Option Grantee means an Employee who has been granted an Employee Stock Option in pursuance of the ESOP 2021.
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Option Grantee means an Employee having a right but not an obligation to exercise an Employee Stock Option in pursuance of the ESOP 2015.
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Examples of Option Grantee in a sentence

  • However, in the event of the death of the Option Grantee, the right to exercise all the Options granted to him till such date shall be vest in his legal heirs or nominees.

  • The Option Grantee shall not be entitled to any compensation or damages for any loss or potential loss which he may suffer by reason of being unable to exercise an Employee Stock Option in whole or in part.

  • If the Company issues bonus shares or rights shares, the Option Grantee shall not be eligible for the bonus or rights shares in the capacity of an Option Grantee.

  • In the event of resignation or termination of the Option Grantee, all the options which are granted and yet not vested as on that day shall lapse.

  • If the Company issues bonus or rights shares, the Option Grantee will not be eligible for the bonus or rights shares in the capacity of an Option Grantee.


More Definitions of Option Grantee

Option Grantee means an Employee who has been granted an Option and who has accepted such Grant as required under the Plan and shall deem to include nominee/ legal heir of an Option Grantee in case of his/her death to the extent provisions of the Plan are applicable to such nominee/ legal heir.
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Option Grantee means an eligible Employee who has been granted an Employee Stock Option in pursuance of the ESOS 2019 and deems to include a Beneficiary being the legal heir or nominee of such Option Grantee upon his eventual death while in employment or service.
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Option Grantee means an Employee who has been granted an Employee Stock Option in pursuance of the ESOS 2017.
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Option Grantee means an Employee to whom Options are granted, having a right but not an obligation to Exercise the Option(s) in pursuance of the ESOS - IX.
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Option Grantee means an Employee who has been granted an Employee Stock Option in pursuance of the ESOP 2010 or ZLL ESOP 2010 - AMENDED 2015.
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Option Grantee means an Employee who has been granted Option(s) and has accepted such Grant as required under the Plan.
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Option Grantee means an employee having a right but not an obligation to exercise an
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