Prior Options definition

Prior Options means Options granted pursuant to the Prior Scheme;
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Prior Options has the meaning set forth in Section 11(b) below.
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Prior Options means those options held by Participants prior to the closing of the transactions contemplated by the Merger Agreement that were replaced by the Rollover Options.
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Examples of Prior Options in a sentence

  • A further Prior Options Review is carried out according to Cabinet Office guidance and an agreed timetable.

  • The creation of Next Steps agencies was one of the options that emerged from the systematic application of "Prior Options" tests to ministries and departments.

  • A multi-ministry review team carries out the Prior Options Review according to a common process and methodology.

  • UK reviews: Prior Options reviews29 Since 1988, the UK has established more than 140 Executive Agencies, comprising 75% of the civil service.

  • UK reviews: Prior Options reviews31 Since 1988, the UK has established more than 140 Executive Agencies, comprising 75% of the civil service.

  • For avoidance of doubt, and without limitation, the terms of Sections 3, 4, 6.5, 15, 16, 17 and 18 of this Plan shall govern Prior Options, except to the extent that application of such terms demand otherwise.

  • To be effective, the plan must be accompanied by a complete review of the legislative framework to determine whether such a rationalization plan, governance structure and proposed decision-taking authority is within its confines.12 In this regard, the PSTU has recommended that a Prior Options Review be conducted before final approval for full autonomy is designated.

  • In the late 90s, the UK Government carried out a series of Prior Options Reviews of ministries and departments to determine whether a public service function was required, should be privatized, contracted out, merged, or transferred.

  • Finally, where a function remains within the public sector, after rationalization, it is then decided what its status should be (e.g. next steps agency, or a non-departmental public body), its organizational structure, its relationship with customers, its medium and long-term future and organizational efficiency plans.Source: Adapted from Research Institutes and Prior Options, 1996.

  • These became known as the Prior Options steps and were periodically applied both to potential and current agencies.


More Definitions of Prior Options

Prior Options means, collectively, Prior Vested Options and Prior Unvested Options.
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Prior Options. As a condition of the grant of Annual Performance Vested Options and Cumulative Performance Vested Options under this Option Agreement, Holder and Company hereby acknowledge and agree that, as of the Effective Date, (i) all Prior Unvested Options granted to Holder, if any, shall be deemed cancelled, and of no further force or effect; and (ii) all Prior Vested Options previously granted to Holder, if any, shall no longer be subject to the terms and conditions of the Company’s 2004 Stock Option Plan or, except as provided in the next sentence, the option agreement entered into in connection therewith, and shall instead be deemed “Options” for all purposes under the Plan and under this Option Agreement and be subject to the terms and conditions contained in each. This paragraph shall have no effect as to the number of shares of Stock subject to, and the exercise price and Expiration Date applicable to, any Prior Vested Option granted to Holder, subject to any subsequent adjustment applicable to all Options as permitted under the Plan.
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Prior Options means the options to purchase an aggregate of shares of Common Stock granted to certain individuals on and .
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Prior Options means those options held by Participants prior to the closing of the transactions contemplated by the MPTC Merger Agreement that were replaced by the Rollover Options pursuant to the terms and conditions of the MPTC Merger Agreement.
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Prior Options means PNC stock options granted prior to January 1, 2001 or, in the case of reload stock options, that were or will be granted in connection with the exercise of original stock options issued prior to that date.
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Related to Prior Options

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Parent Options means options to purchase shares of Parent Common Stock from Parent (whether granted by Parent pursuant to the Parent Option Plans, assumed by Parent or otherwise).

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Rights or Options means warrants, options or other rights to purchase or acquire shares of Common Stock or Convertible Securities.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Company Options means options to purchase shares of Company Common Stock.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • SARS means the South African Revenue Service.

  • Director Option means an Option granted pursuant to Section 6.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Employee Option means an Option granted pursuant to Section 5.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Compensation Options has the meaning ascribed thereto on the face page of this Agreement;

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Company Equity Awards means the Company Options, Company PSUs and Company RSUs.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).