Original Option definition

Original Option means an option as defined in subsection (D) of Section 6 of this Plan.
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Original Option has the meaning ascribed to it in Section 8.2.
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Original Option means an Option described in Section 1.1 (including for greater certainty, any related Share Appreciation Right) which, as an intermediate step in the exchange described in Section 4.1, is exchanged for an option to purchase a New Non-Voting Share (and, for greater certainty, any related share appreciation right) of FCL Amalco (as those terms are defined in the Plan of Arrangement);
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Examples of Original Option in a sentence

  • On each occasion on which the Original Option is so exercised by Optionee, Optionee automatically shall be granted at that time (the "Reload Grant Date") a new option (the "Reload Option") to purchase the same number of shares of Common Stock as is delivered in payment of the Option Price.

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  • On October 21, 2011, the Company entered into an option and joint venture agreement (the “Option and Joint Venture Agreement”), which was subsequently amended on November 28, 2011, to acquire an undivided 70% interest in the Property and the Original Option Agreement.

  • The Original Option is exercised by Optionee, and not by the legal representative, heirs or legatees of the Optionee's estate.

  • Under the terms of the Original Option Agreement, within 60 days of the Effective Date, the Company was required to satisfy certain obligations preceding the earn-in activity: • Payment of $250,000 to 1011308 BC (the "Initial Payment"); and• Issuance of 10,000,000 common shares to 1011308 BC at a price of $0.05 per share (issued at a fair value of$500,000) (note 6).


More Definitions of Original Option

Original Option means any Option other than a Reload Option granted by the company in connection with the Prior Plan or the predecessor plan.
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Original Option means an option as defined in Section 8 of this Plan.
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Original Option means the option granted pursuant to the terms of the Original Option Agreement over [ ● ] shares in the capital of the Original Grantor, with an exercise price of [ ● ] per share;
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Original Option has the meaning set forth in Section 2(c). "Other Governmental Approvals" has the meaning set forth in Section4(a)(ii). "PSC Approval" has the meaning set forth in Section 4(a)(ii). "Proxy Statement/Prospectus" means the combined proxy statement of Corning Gas and prospectus with respect to the Holding Corp. Common Stock in the form first filed with the SEC after the Effective Date, as amended or supplemented form time to time prior to the Closing Date. "SEC" means the U.S. Securities and Exchange Commission. "Settlement Agreement" means the Joint Proposal regarding Corporate Restructuring, Standards Governing Affiliate Relations, Acquisition of Stock and Use of Revenues received from the Rendition of Public Service, dated as of the 15th day of March 2013, of the Staff of the New York Department of Public Service and Corning Gas, in Case 12-G-0141 and Case 11-G-0417. "Share Exchange" means the exchange of Corning Gas Common Stock for Holding Corp. Common Stock as provided in this Agreement and the Certificate of Exchange to be effective at the Effective Time. "Shareholder Approval" means approval of this Agreement and the Share Exchange by the holders of at least 66 2/3rd of the outstanding Corning Gas Common Stock at the Special Meeting. "Special Meeting" means the special meeting of Corning Gas Shareholders to be held as provided in the Proxy Statement/Prospectus and any adjournment thereof. "Stock Plan" means the Amended and Restated 2007 Corning Natural Gas Corporation Stock Plan, as amended from time to time. "Substitute Option" has the meaning set forth in Section 2(c).
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Original Option means an Option described in Section 1.1 (including for greater certainty, any related Share Appreciation Right) which, as an intermediate step in the exchange described in Section 4.1, is exchanged for an option to purchase a New Non-Voting Share (and, for greater certainty, any related share appreciation right) of Fording (as those terms are defined in the Plan of Arrangement);
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Original Option means an option as defined in Subsection
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Original Option. The option(s) granted to the Optionholder over a total of XXX ordinary shares in Compass Pathfinder Holdings Limited
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