Option

Option. Means an option to acquire Common Stock granted pursuant to the provisions of the Plan, and refers to either an Incentive Stock Option or a Non-Qualified Stock Option, or both, as applicable.

Option. Means a right, granted pursuant to the Entorian Technologies Inc. Amended and Restated 2003 Stock Option Plan, as amended from time to time, to purchase Stock at a specified price during specified time periods.

Option. Shall mean a stock option granted pursuant to the Plan, which option shall not be an Incentive Stock Option described in Code Section 422(A)(b).

Option. Means the right to purchase Shares at a stated price. "Options" may either be "incentive stock options" which meet the requirements of Code Section 422, or "nonqualified stock options" which do not meet the requirements of Code Section 422. 2 (p) "Participant" means an officer or other employee of the Company or its Affiliates, or an Eligible Director of the Company, or a consultant or advisor who provides... services to the Company or its Affiliates, who the Administrator designates to receive an Award under this Plan; provided that Eligible Directors shall automatically be considered Participants for purposes of Section 8. (q) "Performance Goals" means any goals the Administrator establishes that relate to one or more of the following with respect to the Company or any one or more Subsidiaries, Affiliates or other business units: revenue; cash flow; net cash provided by operating activities; net cash provided by operating activities less net cash used in investing activities; cost of goods sold; ratio of debt to debt plus equity; profit before tax; gross profit; net profit; net sales; earnings before interest and taxes; earnings before interest, taxes, depreciation and amortization; Fair Market Value of Shares; basic earnings per share; diluted earnings per share; return on shareholder equity; average accounts receivable (calculated by taking the average of accounts receivable at the end of each month); return on average total capital employed; return on net assets employed before interest and taxes; economic value added; return on year-end equity; and/or in the case of Awards that the Administrator determines will not be considered "performance based compensation" under Code Section 162(m) or for purposes of exercising negative discretion in connection with an Award that is considered "performance based compensation" under Code Section 162(m), such other goals as the Administrator may establish in its discretion including subjective, individual criteria. As to each Performance Goal, the relevant measurement of performance shall be computed in accordance with generally accepted accounting principles, if applicable, but, unless otherwise determined by the Committee and to the extent consistent with Code Section 162(m), will exclude the effects of: (i) charges for reorganizing and restructuring; (ii) discontinued operations; (iii) asset write-downs; (iv) gains or losses on the disposition of a business; (v) changes in tax or accounting principles, regulations or laws; (vi) mergers, acquisitions or dispositions; and (vii) extraordinary, unusual and/or non-recurring items of gain or loss, that in each case the Company identifies in its audited financial statements, including footnotes, or the Management's Discussion and Analysis section of the Company's annual report. Also, the Administrator may, to the extent consistent with Code Section 162(m), appropriately adjust any evaluation of performance under a Performance Goal to exclude any of the following events that occurs during a performance period: (i) litigation, claims, judgments or settlements; (ii) the effects of changes in laws or regulations affecting reported results; and (iii) accruals of any amounts for payment under this Plan or any other compensation arrangements maintained by the Company or an Affiliate. (r) "Performance Shares" means the right to receive Shares to the extent one or more Performance Goals are achieved during the period of time specified by the Administrator consisting of one or more full fiscal years of the Company, a Subsidiary or Affiliate, or upon the occurrence of one or more other conditions as is determined by the Administrator. (s) "Plan" means this TechTeam Global, Inc. 2006 Incentive Stock and Awards Plan, as amended from time to time. (t) "Restricted Stock" means Shares that are subject to a risk of forfeiture and/or restrictions on transfer, which may lapse at such time(s) or upon the occurrence of certain conditions as is determined by the Administrator. (u) "Restricted Stock Unit" means the right to receive one Share or cash in an amount equal to the Fair Market Value of one Share at such time(s) or upon the occurrence of certain conditions as is determined by the Administrator. (v) "Section 16 Participants" means officers or consultants of the Company who are subject to the provisions of Section 16 of the Exchange Act. 3 (w) "Share" means a share of Common Stock. (x) "Subsidiary" means any corporation in an unbroken chain of corporations beginning with the Company if each of the corporations (other than the last corporation in the chain) owns stock possessing more than fifty percent (50%) of the total combined voting power of all classes of stock in one of the other corporations in the chain. View More

Option. (1) Purchase Stock Options that are rights to acquire Shares repurchased by the Company prior to the vesting of the options; or (2) Subscription Stock Options that are rights to subscribe for newly issued Shares; Affiliated Computer Services, Inc. 1997 Stock Incentive Plan for Employees in France —

Option. Means an ISO or NSO granted under the Plan.

Option. Includes both Nonqualified Options and Qualified Options.

Option. Means any option enabling the holder thereof to purchase Common Stock from the Company granted by the Board pursuant to the provisions of this Plan.

Option. Option means an ISO or a Non-ISO which is granted under § 7.

Option. A stock option or stock options to purchase shares of the Company's common stock.