Examples of Original Options in a sentence
For the purpose of the Vesting Period and Exercise Period, the Bonus Options will be treated at par with the Original Options on which the Bonus Options have been issued.
The Per Option Exercise Price of aggregate of Original Options and Bonus Options will be the aggregate Exercise Price of the number of Options eligible for Grant of Bonus Options, divided by the aggregate number of Original Options (eligible for Bonus Options) and Bonus Options.
In accordance with the terms and conditions of the Exchange Program, we closed the exchange program and accepted all exchanged outstanding Original Options for New Options on July 27, 2020.
Original Options 3 & 4 from Cabinet Report 16.01.14) • Federate with another special school• Federate with another primary or secondary school Both of these options, taken together, have not attracted any significant interest during the consultation process.
The exercise price of the Original Options applicable to each series of Common Stock equaled the closing sale price of that series, as reported by NASDAQ, on the date of such grant.
For Original Options granted under the Prior Plan in 2003, only that portion of the grant that vests in 2004 will be eligible for grant of only one Reload Option, which grant must occur on or before December 31, 2004.
The vesting periods of the Original Options ranged from 3 to 4 years and the last vesting date of the relevant Original Options would be 16 July 2019 (the “ Original Vesting Period”).
Except as otherwise provided in this Section or in Section 5, subject to the Executive's continued employment with the Company or any of its Affiliates, 50% of the Original Options of each series will vest on the fourth anniversary of the date of grant of such Original Option and the remaining 50% of the Original Options of each series will vest on the fifth anniversary of the date of grant of such Original Option.
Reflects the New Options received based upon performance in excess of the established targets pursuant to and in accordance with the Original Options.
Reflects the fully vested shares of common stock received to compensate holders of the Original Options for the excess of the exercise price of the fully vested stock options ("New Options") over the exercise price of the performance stock option agreement dated March 30, 2011 (the "Original Options").