Sentences with phrase «options cancel each other out»

Thus, the two options cancel each other out.

Not exact matches

Also, if a majority of the Board is comprised of persons other than (i) persons for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change for any reason other than death or permanent disability generally have their (i) options and stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted stock and RSRs lapse and generally shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter before the time the participant ceased to be an employee.

That means cancelling wind power contracts awarded in 2016, cancelling the entire wind power procurement program, and taking a hard look at all other contracts to determine whether buying them out is a better option than losing millions selling surplus power off cheap.

These permanent life insurance options are significantly more expensive than most other policies because the company will inevitably wind up having to pay out, unless the covered individual happens to cancel or cash in their policy.

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A video resume could be a part of an overall portfolio management strategy; however, having a video resume does not cancel out other options.

Here the buyer can waive their option period, effectively removing their unrestricted right to terminate the contract (they may have other options for termination, this only cancels out the rights given to them by the option period).