Incentive Option Agreement definition
Examples of Incentive Option Agreement in a sentence
Incentive Option Agreement" means an Option Agreement with respect to an Incentive Option.
The ISO award shall be contingent upon Employee’s execution of a standard Employee Incentive Option Agreement in substantially the form attached as Exhibit A to this Agreement and the ISO award shall in all respects be subject to and governed by the provisions of the 2008 Plan and the Employee Incentive Option Agreement.
The granting of an incentive option shall take place only when a written Incentive Option Agreement shall have been duly executed and delivered by or on behalf of the Company to the optionee to whom such incentive option shall be granted.
Incentive Option Agreement" means an -------------------------- Option Agreement with respect to an Incentive Option.
To : LAI, YXX XXXX (the “Grantor”) and Board of Directors of Well Asia Group Limited From: YE, Xiaoling (the “Grantee”) We refer to the Incentive Option Agreement (the “Option Agreement”) dated March 24, 2010 made between the Grantee and the Grantor.
In case of any conflict between these Terms and Conditions, the Notice of Grant of Stock Options and Incentive Option Agreement and the 2004 Plan, the terms, conditions and provisions of the 2004 Plan shall be controlling.
The administration of the Company’s 2004 Plan has been vested in the Committee, and all questions of interpretation and application of these Terms and Conditions and the Notice of Grant of Stock Options and Incentive Option Agreement shall be subject to the determination by a majority of such Committee members, which determination shall be final and binding on Optionee.
If at any time or from time to time Incentive Options granted in connection with the Company's Stock Incentive Plan are exercised in accordance with the terms of the Incentive Option Agreement, the Company shall, as soon as practicable after such exercise, contribute to the capital of the Partnership an amount equal to the exercise price paid to the Company by such exercising party in connection with the exercise of the Incentive Option.
The terms of this Incentive Option Agreement shall be binding on the Optionee's heirs and successors and on the administrators and executors of the Optionee's estate.
The Optionee may withdraw notice of exercise of this Incentive Option at any time prior to close of business on the business day preceding the proposed exercise date, and in this instance, the Company will return this Incentive Option Agreement to the Optionee.