Stock Options and Restricted Stock definition

Stock Options and Restricted Stock. Beginning with the 1998 Fiscal Year and in respect of each of the following Fiscal Years during the term of this Agreement, Holdings may grant to Officer stock options and/or restricted stock for such number of shares of Holdings' common stock as the Compensation Committee in its sole discretion determines, taking into account Officer's and Holdings' performance and the competitive practices then prevailing regarding the granting of stock options and restricted stock. Subject to the foregoing, it is anticipated that the number of shares in respect of each annual stock option and/or restricted stock grant shall be in accordance with the number of shares granted to officers of Employer at a level similar to Officer's level. The stock options and/or restricted stock described in this Section 4(c) in respect of a Fiscal Year shall be granted at the same time as Holdings grants stock options and/or restricted stock to its other officers in such Fiscal Year. All stock options granted in accordance with this Section 4(c): (i) shall be granted pursuant to Holdings' current stock option plan, or such other stock option plan or plans as may be in effect or come into effect during the term of this Agreement, (ii) shall have a per share exercise price equal to the fair market value (as defined in the current Plan or such other plan or plans) of the common stock at the time of grant, (iii) shall become exercisable in three equal installments on each of the first three anniversaries of the date of grant, (iv) shall become immediately and fully exercisable in the event of a Change in Control (as defined in Appendix B) or in the event that Officer's employment is terminated due to death or Disability or by Employer other than for Cause (as defined in Section 5(c)), and (v) shall be subject to such other reasonable and consistent terms and conditions as may be determined by the Compensation Committee and set forth in the agreement or other document evidencing the award. All restricted stock granted in accordance with this Section 4(c): (i) shall be granted pursuant to Holdings' current stock option plan, or such other stock option plan or plans as may be in effect or come into effect during the term of this Agreement, (ii) shall be priced and vest in accordance with the terms set by the Compensation Committee, (iii) shall become immediately and fully vested in the event of a Change in Control (as defined in Appendix B) or in the event that Officer's employment is terminate...
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Stock Options and Restricted Stock. After your successful participation in the attainment of the objectives stated above, and your continued employment through the Termination Date, all of your outstanding and unvested stock options will vest on the Termination Date (according to the terms of your Stock Option Agreements and the Company's 1995 Stock Option Plan) and the Company's right to repurchase any of your previously granted restricted stock will terminate. Pursuant to the terms of StorageTek's Stock Option Plan, you will have normally have 90 days from the Termination Date to exercise all of your vested options. However, because of your responsibilities at the Company, your knowledge of the Company's activities may render you ineligible to trade in the Company's stock due to the possession of "material inside information" after the Termination Date, therefore the Company will enter into a consulting agreement with you starting on the Termination Date and ending on September 30, 2000 whereby your eligible 90 day "trading window" will end on December 31, 2000. Should your actual termination be extended beyond the Termination Date or should you still not be eligible to trade in the Company's stock at the start of the delayed 90-day trading window starting on September 30, 2000, then by mutual agreement your consulting agreement may be extended accordingly to insure that you have a 90-day trading window, free from SEC prohibitions.
Sample 1
Stock Options and Restricted Stock. Due to your "Involuntary Termination" on the Termination Date, in accordance with the terms of Section 5 of your Employment Agreement all of your outstanding and unvested stock options will immediately vest (according to the terms of your Stock Option Agreements and the Company's 1995 Stock Option Plan) and the Company's right to repurchase any of your previously granted restricted stock will terminate on the Termination Date. Pursuant to the terms of StorageTek's Stock Option Plan, you will have 90 days from the Consulting Period Termination Date to exercise all of your vested options, which "exercise window" will therefore remain open until December 31, 2000. However, if because of your consulting responsibilities to the Company, your knowledge of the Company's activities may render you ineligible to trade in the Company's stock due to the possession of "material inside information", the Company will extend its consulting agreement with you such that your eligible "trading window" will be moved back to insure that you have a 90-day trading window, free from SEC trading prohibitions.
Sample 1

Examples of Stock Options and Restricted Stock in a sentence

  • Nonstatutory Stock Options and Restricted Stock may be granted to Employees and Consultants.

  • More generally, the bow was framed as a dishonourable weapon on account of the perception that it discounted the virtues of hand-to-hand combat.

  • Notwithstanding the foregoing, Incentive Stock Options and Restricted Stock Awards shall be subject to any and all additional transfer restrictions under the Code.

  • Notwithstanding anything else in this Section 7.2.2 to the contrary, but subject to compliance with all applicable laws, Incentive Stock Options and Restricted Stock Awards will be subject to any and all transfer restrictions under the Code applicable to such awards or necessary to maintain the intended tax consequences of such Awards.

  • Notwithstanding the foregoing, Incentive Stock Options and Restricted Stock Awards shall be subject to any and all applicable transfer restrictions under the Code.

  • The Executive acknowledges that as of the Resignation Date, the Executive was vested in Stock Options and Restricted Stock Units (“RSUs”) as reflected in the report attached as Exhibit A hereto.

  • A Nonemployee Director may allocate between Nonstatutory Stock Options and Restricted Stock Units in minimum increments with a value equal to $5,000, as determined in accordance with Sections 7.3 and 7.4. All awards of Nonstatutory Stock Options and Restricted Stock Units made to Nonemployee Directors shall comply with the provisions of Sections 7.3 and 7.4, respectively.

  • Notwithstanding the foregoing or anything to the contrary in Section 1.8(c), Incentive Stock Options and Restricted Stock Awards shall be subject to any and all additional transfer restrictions under the Code.

  • The Plan permits the grant of Nonqualified Stock Options, Incentive Stock Options, and Restricted Stock.

  • Incentive Stock Options, Nonqualified Stock Options, and Restricted Stock may be awarded within the limitations of the Plan herein described.


More Definitions of Stock Options and Restricted Stock

Stock Options and Restricted Stock. You have until the end of the six (6) ---------------------------------- month period following December 31, 2000, to exercise any of your Jostens stock options that have become vested on or before that date. During the period beginning on December 31, 1999 and ending December 31, 2000, all of your Jostens stock options and your shares of restricted Jostens stock that were outstanding on December 31, 1999, will remain outstanding and will continue to vest according to the terms of the Jostens, Inc. 1992 Stock Incentive Plan (the "Incentive Plan") and the instruments granting those options and shares, as if you were employed by Jostens throughout that period, subject to the rights of Jostens to fully vest and redeem such options and shares at an earlier date, pursuant to the Incentive Plan, in the event of a Change in Control of Jostens, as defined in the Incentive Plan and the instruments granting those options and shares (a "Change in Control"). At the end of that period, any of those options and shares that remain outstanding and have not become vested will be automatically forfeited. Jostens represents and warrants that such options and shares will become fully vested under the terms of the Incentive Plan in the event of a Change in Control during that period.
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Related to Stock Options and Restricted Stock

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

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

  • Company Restricted Stock means all shares of Company Common Stock, subject to vesting or other restrictions, whether granted pursuant to the Company Stock Plans or otherwise.

  • Company Restricted Stock Award means an award granted under a Company Equity Plan that grants the holder a share of Company Common Stock subject to the terms and conditions of the applicable award agreement and the applicable Company Equity Plan.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

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

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Restricted Share Award means an award of Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(a).

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Stock Rights means all dividends, instruments or other distributions and any other right or property which the Grantors shall receive or shall become entitled to receive for any reason whatsoever with respect to, in substitution for or in exchange for any Equity Interest constituting Collateral, any right to receive an Equity Interest and any right to receive earnings, in which the Grantors now have or hereafter acquire any right, issued by an issuer of such Equity Interest.

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

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Company Restricted Shares means all shares of Company Common Stock subject to vesting restrictions and/or forfeiture back to the Company, whether granted under a Company Stock Plan or otherwise.

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

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).