Eligible Stock Option

Example Definitions of "Eligible Stock Option"
Eligible Stock Option. Means a nonqualified stock option to purchase Common Stock exercisable under any plan or arrangement designated by the Compensation Committee that permits an Eligible Employee to defer gain on the exercise of the option.
Found in SAFECO CORP contract
Eligible Stock Option. Means a nonqualified stock option to purchase Common Stock exercisable under any plan or arrangement designated by the Compensation Committee that permits an Eligible Employee a Participant to defer gain on the exercise of the option.
Found in SAFECO CORP contract
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