Time Vested Options definition

Time Vested Options means New Management Options to which the vesting schedule set forth in Section 8(b)(i) hereof applies.
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Time Vested Options means the Non-Statutory Stock Options granted hereunder which vest based on elapsed time as set forth in Section 3(a)(i) and Appendix B.
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Time Vested Options. Subject to the Holder’s continuous employment with the Employer in good standing through the applicable vesting date, twenty percent (20%) of the Time-Vested Options shall vest upon the one (1) year anniversary of the Vesting Commencement Date, and the remainder of the Time-Vested Options shall vest in substantially equal monthly installments during the forty-eight (48) months thereafter (such that one and two thirds percent (1 2/3%) of the Time-Vested Options shall vest upon each subsequent monthly anniversary of the Vesting Commencement Date during such period). Notwithstanding anything herein to the contrary, in the event that a Change in Control occurs, and the Holder experiences a Termination by the Employer (or its successor) without Cause subsequent to the consummation of such Change of Control but prior to the one year anniversary of such consummation, all unvested Time Vested Options shall vest in full upon such Termination.
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Examples of Time Vested Options in a sentence

  • Except as otherwise provided in Section 10 below, in no event shall the Time-Vested Options vest unless the Executive is a full time employee of the Company on the vesting date.

  • The Time-Vested Options shall be Nonstatutory Stock Options within the meaning of the Plan.

  • The exercise price of the Time-Vested Options shall be the market price per share on the date of each grant.

  • In fact, she first qualified for the YMCA Nationals at age 13, which is the youngest age permissible, and she attended every year afterwards.

  • The Time-Vested Options shall be issued pursuant to an option grant which, except as otherwise provided for in this Agreement, shall be in the form used for other participants in the Company's 2005 Long-Term Incentive Plan (the "Plan").

  • The maximum number of shares of Common Stock reserved for issuance pursuant to the Plan shall be 936,000 allocated among Time-Vested Options and Upside Options as determined by the Committee.

  • The Time-Vested Options shall be issued pursuant to an option grant which, except as otherwise provided for in this Agreement, shall be in the form used for other participants in the Company’s 2005 Long-Term Incentive Plan (the “Plan”).

  • Except as otherwise provided for in this Agreement, the Time-Vested Options shall vest based on the continued employment of the Employee in equal quarterly installments of 1/16 of the number of subject shares on the last day of each of the 16 consecutive calendar quarters ending following the date of grant.

  • The Executive’s Time-Vested Options shall become fully vested and exercisable and shall remain exercisable for three years after such termination, or for such shorter time period as required to not result in penalties under Section 409A of the Code.

  • Part III of the 1983 Act provides for registration of persons with recognised overseas qualifications.


More Definitions of Time Vested Options

Time Vested Options shall have the meaning set forth in ss.4 hereof.
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Time Vested Options. Generally comprised of 50% of the total options granted to a participant. Unless otherwise determined by the Committee on the date of grant, Time Vested Options will vest over a 4 year period, with 25% vesting on the first anniversary of the date of grant, and the remainder vesting ratably each month over the remaining 36-month period.
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Time Vested Options as is determined pursuant to this Section 2:
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Related to Time Vested Options

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

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

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

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

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

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

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

  • Initial Vesting Date means the date occurring one (1) year after (check one):

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

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Company Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

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

  • Vest means to become exercisable or to otherwise obtain ownership rights in an award.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

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

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Vesting Event means the earliest to occur of the following events:

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

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.