Option Exchange Program

Example Definitions of "Option Exchange Program"
Option Exchange Program. A program under which (i) outstanding Options and Stock Purchase Rights are surrendered or cancelled in exchange for awards of the same type (which may have higher or lower exercise prices and different terms), awards of a different type, and/or cash, (ii) Optionees would have the opportunity to transfer any outstanding awards to a financial institution or other person or entity selected by the administrator, and/or (iii) the exercise price of an outstanding award is reduced or increased. The... Administrator will determine the terms and conditions of any Option Exchange Program in its sole discretion View More
Option Exchange Program. A program under which (i) outstanding Options and and/or Stock Purchase Rights are surrendered or cancelled in exchange for awards of the same type (which may have higher or lower exercise prices and different terms), awards of a different type, and/or cash, (ii) Optionees would have the opportunity to transfer any outstanding awards Options and Stock Purchase Rights to a financial institution or other person or entity selected by the administrator, Administrator, and/or (iii) the exercise... price of an outstanding award Option and/or Stock Purchase Right is reduced increased or increased. reduced. The Administrator will determine the terms and conditions of any Option Exchange Program in its sole discretion View More
Option Exchange Program. A program under which approved by the Administrator whereby (i) outstanding Options and Stock Purchase Rights Awards are surrendered or cancelled in exchange for awards of the same type (which may have higher or lower exercise prices and different terms), awards of a different type, and/or cash, (ii) Optionees Participants would have the opportunity to transfer any outstanding awards Awards to a financial institution or other person or entity selected by the administrator, Administrator, and/or... (iii) the exercise price of an outstanding award Award is reduced increased or increased. reduced. The Administrator will determine the terms and conditions of any Option Exchange Program in its sole discretion View More
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Option Exchange Program. A program approved by the Administrator whereby outstanding Options are exchanged for Options with a lower exercise price or are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock
Option Exchange Program. A program approved by the Administrator whereby outstanding Options (i) are exchanged for Options with a lower exercise price or Restricted Stock or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock
Option Exchange Program. A program approved by the Administrator whereby outstanding Options (i) are exchanged for Options with a lower exercise price or Restricted Stock or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock
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Option Exchange Program. A program whereby outstanding Options are exchanged for Options with a lower exercise price
Option Exchange Program. A Means a program whereby outstanding Options are exchanged for Options with a lower exercise price price.
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Option Exchange Program. A program approved by the Administrator, or the shareholders of the Company if required under Applicable Laws, whereby outstanding Options (i) are exchanged for Options with a lower exercise price, Restricted Stock, Stock Grants, cash or other property or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value, in each case to the extent permitted by Applicable Laws
Option Exchange Program. A program approved by the Administrator, or the shareholders of the Company if required under Applicable Laws, whereby outstanding Options (i) are exchanged for Options with a lower exercise price, Restricted Stock, Stock Grants, Appreciation Rights, Phantom Stock, cash or other property or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value, in each case to the extent permitted by Applicable Laws
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Option Exchange Program. A program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price
Option Exchange Program. A Means a program whereby outstanding Options options are surrendered in exchange for Options options with a lower exercise price price.
Option Exchange Program. A Means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price price.
Option Exchange Program. A Means a program whereby outstanding Options options are surrendered in exchange for Options options with a lower exercise price price.
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Option Exchange Program. A program whereby outstanding Options are surrendered or cancelled in exchange for Options that are granted more than six months and one day following such surrender or cancellation and are of the same type (which may have a lower exercise price or purchase price), of a different type and/or cash, and subject to certain conditions (e.g., continued employment).
Option Exchange Program. A program whereby outstanding Options are surrendered or cancelled in exchange for Options of the same type (which may have a lower exercise price or purchase price), of a different type and/or cash.
Option Exchange Program. A program approved by the Administrator whereby outstanding Options are canceled at a time when the exercise price thereof may be equal to, greater than or less than the Fair Market Value of the Common Stock in exchange for other Options (or stock options granted pursuant to a plan of a Parent or Subsidiary of the Company), whether or not such other Options or stock options are delivered simultaneously with the cancellation and whether or not the cancellation is voluntary on the part of the... Optionee (or any action that has the same effect as the foregoing) View More
Option Exchange Program. A program in which outstanding Options are surrendered in exchange for Options with a lower exercise price.
Option Exchange Program. Any program approved by the Administrator whereby outstanding Options are exchanged for Options with a lower exercise price, including a program in which the only change made to such Awards is to lower the exercise price
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