Jamba Juice 2007 Annual Report Download - page 187
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(2) If the Common Stock is not traded on a national securities exchange but is traded on the over-the-counter market, if sales prices are not
regularly reported for the Common Stock for the trading day referred to in clause (1), and if bid and asked prices for the Common Stock are regularly
reported, the mean between the bid and the asked price for the Common Stock at the close of trading in the over-the-counter market for the trading day
that is the applicable date; and
(3) If the Common Stock is neither listed on a national securities exchange nor traded in the over-the-counter market, such value as the
Administrator, in good faith, shall determine.
means an option meant to qualify as an incentive stock option under Section 422 of the Code.
means an option which is not intended to qualify as an ISO.
means an ISO or Non-Qualified Option granted under the Plan.
means an Employee, director or consultant of the Company or an Affiliate to whom one or more Stock Rights are granted under the Plan. As
used herein, “Participant” shall include “Participant’s Survivors” where the context requires.
means this Jamba, Inc. 2006 Employee, Director and Consultant Stock Plan.
means shares of the Common Stock as to which Stock Rights have been or may be granted under the Plan or any shares of capital stock into
which the Shares are changed or for which they are exchanged within the provisions of Paragraph 3 of the Plan. The Shares issued under the Plan may be
authorized and unissued shares or shares held by the Company in its treasury, or both.
means a grant by the Company under the Plan of an equity award or an equity based award which is not an Option or a Stock
Grant.
means a grant by the Company of Shares under the Plan.
means a right to Shares or the value of Shares of the Company granted pursuant to the Plan—an ISO, a Non-Qualified Option, a Stock
Grant or a Stock-Based Award.
means a deceased Participant’s legal representatives and/or any person or persons who acquired the Participant’s rights to a Stock Right by
will or by the laws of descent and distribution.
2. .
The Plan is intended to encourage ownership of Shares by Employees and directors of and certain consultants to the Company in order to attract and
retain such people, to induce them to work for the benefit of the Company or of an Affiliate and to provide additional incentive for them to promote the success
of the Company or of an Affiliate. The Plan provides for the granting of ISOs, Non-Qualified Options, Stock Grants and Stock-Based Awards.