Sentences with phrase «provision granting an option»

However, in order to attract the office supply store, the developer offered a lease provision granting an option permitting the smaller tenant to terminate, pay a reduced rent or other negotiated concession, should the anchor tenant stop conducting business or vacate the center.

Not exact matches

The term of an incentive stock option may not exceed ten years, except that with respect to any participant who owns more than 10 % of the voting power of all classes of our outstanding stock, the term must not exceed five years and the exercise price must equal at least 110 % of the fair market value on the grant date subject to the provisions of our 2015 Plan.

Other features that will likely trigger an «against» recommendation include evergreen or reload provisions, as well as «fungible share reserves» that count options granted as less than one share under the plan.

The complaints allege that between 1999 and 2001 a number of stock option grants were backdated, and that as a result the defendants breached their fiduciary duties to Ditech Networks and violated provisions of federal securities laws and California statutory and common law.

If you satisfy the five - year waiting period then, you have the option of making an application before a judge in Bankruptcy Court, and the judge has the discretion to grant a «court - ordered discharge» under a «hardship provision».

Inevitably, disputes arise as to whether a terminated employee is entitled to accelerated vesting, whether a termination was implemented to avoid vesting, or whether a company's failure to grant options or vest shares is in violation of the provisions of the underlying agreements.