Reload Feature definition

Reload Feature means a feature of an Option described in a Participant’s stock option agreement that authorizes the automatic grant of a Reload Option in accordance with the provisions of Section 9(e).
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Reload Feature means a feature of an Option described in an employee's stock option agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 10(d).
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Reload Feature means a feature of an Option described in a Participant's Award Agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 10(d).
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Examples of Reload Feature in a sentence

  • If a Participant exercises an Option that has a Reload Feature by delivering Mature Shares in payment of the exercise price, the Participant shall automatically be granted a Reload Option.

  • If a Participant exercises an Option that has a Reload Feature by delivering already owned shares of Common Stock in payment of the exercise price, the Committee shall grant to the Participant a Reload Option.

  • The Reload Option shall not be exercisable until the expiration of any retention holding period imposed on the disposition of any shares of Company Stock covered by the underlying Option (possessing the Reload Feature).

  • The Committee may, in its discretion, grant Options containing or amend Options previously granted to provide for a Reload Feature subject to the limitations of Section 10(d).

  • If a Participant exercises an Option that has a Reload Feature by delivering already owned shares of Company Stock, the Participant shall automatically be granted a Reload Option.

  • The Committee may, in its discretion, cause the Company to place on any certificate representing Company Stock issued to a Participant upon the exercise of an underlying Option (possessing a Reload Feature as evidenced by the stock option agreement for such Option) delivered pursuant to this subsection (d), a legend restricting the sale or other disposition of such Company Stock.

  • The Committee may, in its sole discretion, cause the Company to place on any certificate representing Common Stock issued to a Participant upon the exercise of an underlying Option (possessing a Reload Feature as evidenced by the Agreement for such Option) delivered pursuant to this subsection (c), a legend restricting the sale or other disposition of such Common Stock.

  • If an employee exercises an Option that has a Reload Feature by delivering already owned shares of Company Stock, the employee shall automatically be granted a Reload Option.

  • She added that she was torn because she really likes the green space but she also felt that she needed to listen to constituents and their concerns.

  • The Committee may, in its discretion, cause the Company to place on any certificate or electronic account entry representing Company Stock issued to a Participant upon the exercise of an underlying Option (possessing a Reload Feature as evidenced by the Award Agreement for such Option) delivered pursuant to this subsection (d), a legend or electronic code restricting the sale or other disposition of such Company Stock.


More Definitions of Reload Feature

Reload Feature means a feature of an Option described in an employee's stock option agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 8(d).
Sample 1
Reload Feature means a feature of an Option described in an employee's stock option agreement that provides for the automatic grant of a Reload Option in accordance with the provisions described in Section 10(d). (t) "Reload Option" means an Option granted to an employee equal to the number of shares of already owned
Sample 1
Reload Feature means a feature of an Option, as described in the Participant's stock option agreement, that provides for the automatic grant of a Reload Option in accordance with the provisions of Section 10(b).
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Reload Feature means with respect to any Option the right, if any, stated in the Instrument evidencing the Option, entitling the optionee upon exercise of the Option (the "original Option") to be granted a new Option, having a Date of Grant as of the date of exercise of the original Option and an Exercise Period commensurate with the remainder of the Exercise Period of the original Option, to purchase a number of shares of Stock equal to the number of shares purchased upon that exercise of the original Option for an Exercise Price equal to the Fair Market Value of the stock at that Date of Grant; provided that no Reload Feature may obligate the issuance of Stock that will cause the Maximum Aggregate Number of Shares to be exceeded.
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Reload Feature. Purchase Price Per Share: $10.00 --------------------------- Payment of Purchase Price: _________ Number of Days to Determine Fair Market Value: _________________ Date of Agreement: _________________ Grant Date: ____________________________
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