Option

Example Definitions of "Option"
Option. A Participant's right to purchase one or more shares of Stock, as granted and determined in accordance with the provisions of this Plan.
Option. A non-qualified Option granted pursuant to the Trex Company, Inc. 1999 Stock Option and Incentive Plan.
Option. A non-qualified Option granted pursuant to the Trex Company, Inc. 2005 Stock Incentive Plan as may be amended from time to time
Option. Shall mean an Option granted pursuant to this Plan.
Option. An Incentive Stock Option or a Nonstatutory Stock Option granted pursuant to the Amended Plan.
Option. (u) "OPTION" shall mean an Incentive Stock Option or a Nonqualified Stock Option granted pursuant to this Sub-Plan.
Option. An option to purchase a Share under the Plan; no Option granted under the Plan shall be an incentive stock option within the meaning of Section 422 of the Code
Option. Shall mean an option to purchase Shares granted pursuant to this Sub-Plan that does not qualify or is not intended to qualify as an incentive stock option under Section 422 of the Code.
Option. An Initial Option or Biennial Option granted pursuant to the Plan to purchase shares of Common Stock which shall be a non-qualified stock option not intended to qualify as an incentive stock option under Section 422 of the Code
Option. A Nonqualified Stock Option granted pursuant to this Sub-Plan.
All Definitions