Option

Option. Means the right to purchase Common Stock at a stated price for a specified period of time. For purposes of the Plan an Employee Stock Option may be either (i) an incentive stock option within the meaning of Section 422A of the Code or (ii) a nonqualified stock option whose grant is intended not to fall under the provisions of Section 422A. All Director Stock Options will be nonqualified stock options whose grant is intended not to fall under the provisions of Section 422A.

Option. Means a right to purchase a particular number of shares of Common Stock at a particular Exercise Price, subject to certain terms and conditions as provided in this Plan and Award Agreement. An Option may be in the form of an ISO or a nonqualified stock option within the meaning of Code Section 83.

Option. A stock option granted pursuant to the Plan. All options shall be nonstatutory stock options (i.e., options that are not intended to qualify as incentive stock options under Section 422 of the Code).

Option. Means an option or stock appreciation right granted under any Option Plan or an Other Option.

Option. Means an Incentive Stock Option or a Non-Statutory Stock Option, including a Non-Employee Director Option.

Option. Means a stock option granted pursuant to the Plan. All Options granted under the Plan are intended to be Nonstatutory Stock Options.

Option. An option to purchase Shares that is granted pursuant to this Plan in accordance with Section 7 hereof.

Option. An option to purchase Common Shares.

Option. Has the meaning given such term in the Option Agreement.

Option. Shall mean an incentive stock option granted by the Corporation under this Plan.