Option Definition Example with 4 Variations

This page contains an example definition of Option, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Option. Means the right, granted to a Participant under Section 7, to purchase a specified number of Shares at the specified exercise price for a specified period of time under the Plan. All Options will be non-qualified stock options.

Variations

Option. Means means the right, granted to a Participant Qualifying Director under Section 7, 5, to purchase a specified number of Shares at the specified exercise price for a specified period of time under the Plan. All Options will be non-qualified stock options.
Option. Means the right, granted to a Participant under Section 7, 6 or 8, to purchase a specified number of Shares at the specified exercise price for a specified period of time under the Plan. All Options will be non-qualified stock options.
Option. Means means the right, right granted to a Participant under Section 7, this Plan to purchase a specified number of Shares shares of Stock, at the specified exercise price and for a specified period of time under the Plan. All Options will be non-qualified stock options.
Option. Means means the right, right granted to a Participant under Section 7, this Plan to purchase a specified number of Shares shares of Stock, at the specified exercise price and for a specified period of time under the Plan. All Options will be non-qualified stock options. Non-qualified Stock Options.
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