Option

Option. A right to purchase Common Stock granted to a Participant under the Plan in accordance with the terms and conditions set forth in Section 6. Options may be either ISOs or stock options other than ISOs.

Option. Means a stock option granted under Section 7 that entitles the holder to purchase from the Corporation a stated number of shares of Common Stock at the price set forth in an Award Agreement.

Option. One or more non-qualified stock options, issued to a Participant under any stock option plan of the Company, with respect to which the Participant has elected to defer the Stock Option Gain. Option shall not include any rights under the Company's Employee Stock Purchase Plan

Option. An option to purchase shares of Common Stock or, where the context so requires, the instrument which evidences such an option.

Option. The right that is granted hereunder to a Participant to purchase from the Company a stated number of shares of Common Stock at the price set forth in an Agreement

Option. An option to purchase Shares awarded under Sections 8 or 9 which does not meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, or any successor law

Option. A right to receive, upon exercise, a cash payment (subject to Section 9 below), in accordance with the conditions set forth herein, equal to the difference between (i) the Fair Market Value of one share of Stock on the date of exercise and (ii) the exercise price established with respect to such right.

Option. A right to purchase a number of shares of Stock at such exercise price, at such times, and on such other terms and conditions as are specified herein or pursuant to such other documentation as may evidence the Award. Options granted under this Plan are not intended to satisfy the requirements for treatment as Incentive Stock Options as defined under Section 422 of the Internal Revenue Code of 1986, as amended.

Option. The right, granted to a Participant under Section 6, to purchase Stock at the specified exercise price for a specified period of time under the Plan. Options granted under the Plan will be "non­qualified stock options" and not "incentive stock options" qualifying under Section 422 of the Code.

Option. A right to acquire Shares pursuant to the Plan;