Option

Option. Means the option for Party A or any Designated Person to purchase, at any time, all or part of the Equity Interests;

Option. Means either a Canadian Option or a U.S. Option, as the case may be, entitling the holder thereof to purchase Common Shares as described herein. An Option shall be either a Nonqualified Stock Option or an Incentive Stock Option (provided, however, that Options granted to non-employee directors and Consultants shall be Nonqualified Stock Options) and shall be granted to an Eligible Person pursuant to the terms and conditions hereof and as evidenced by an Award Agreement.

Option. An option to purchase a Common Share, granted by the Company to a Participant pursuant to Section 4(a) of the Plan

Option. An option to purchase a Share, granted by the Company to an Optionee pursuant to Section 6 of the Plan

Option. The Non-Qualified Stock Option granted pursuant to this Agreement.

Option. And refers collectively to Incentive Stock Options and Nonqualified Stock Options

Option. A right, granted to a Participant under Section 6(b)(i), to purchase shares of Stock. All Options granted hereunder shall be nonqualified stock options and shall not be incentive stock options intended to qualify under Section 422 of the Code.

Option. Means the right to purchase Share(s) subject to the terms and conditions of this Plan.

Option. Means an Award granted under Section 7 of the Plan and includes both Incentive Stock Options to purchase Stock and Nonqualified Stock Options to purchase Stock.

Option. The meaning given to it in Recital E