CARE OPTION Sample Clauses

The CARE OPTION clause defines the choices or alternatives available for the provision of care within an agreement, such as healthcare, childcare, or eldercare services. It typically outlines the types of care that may be selected, the conditions under which each option is available, and any associated costs or requirements. For example, it may allow a party to choose between in-home care and facility-based care, specifying the process for making such a selection. The core function of this clause is to provide flexibility and clarity regarding care arrangements, ensuring that all parties understand their options and the implications of their choices.
CARE OPTION. If YOU purchased the CARE Option as part of YOUR AGREEMENT coverage, YOU will also receive the following SCHEDULED MAINTENANCE benefits: WE will pay YOU or a repairer the COST to perform scheduled chassis lubrication, engine oil change, engine oil filter replacement and tire rotation services recommended in the maintenance schedule detailed in the owner's manual for YOUR COVERED VEHICLE. Covered services must be performed at a commercial service facility at the time/mileage intervals stated in the maintenance schedule, commencing from the date and miles when this AGREEMENT was purchased. If YOUR VEHICLE requires SCHEDULED MAINTENANCE during the term of the WARRANTY period, this coverage will apply only for the amount in excess of the amount covered by WARRANTY. No DEDUCTIBLE will be applied to this benefit.
CARE OPTION. If YOU purchased the CARE Option as part of YOUR AGREEMENT coverage (available on New Platinum Care, New Platinum Care Elite, Certified Preowned Platinum Wrap Care, Preowned Platinum Care, Preowned Gold Care, Preowned Silver Care, or Preowned Bronze Care), YOU will also receive the following SCHEDULED MAINTENANCE benefits: WE will pay YOU or a repairer the COST to perform scheduled chassis lubrication, engine oil change, engine oil filter replacement and tire rotation services recommended in the maintenance schedule detailed in the owner's manual for YOUR COVERED VEHICLE. Covered services must be performed at a commercial service facility at the time/mileage intervals stated in the maintenance schedule, commencing from the date and miles when this AGREEMENT was purchased. If YOUR VEHICLE requires SCHEDULED MAINTENANCE during the term of the WARRANTY period, this coverage will apply only for the amount in excess of the amount covered by WARRANTY. No DEDUCTIBLE will be applied to this benefit.

Related to CARE OPTION

  • Stock Option The Corporation hereby grants to the Optionee the option (the "Stock Option") to purchase that number of shares of Class A Common Stock of the Corporation, par value $.01 per share, set forth on Schedule A. The Corporation will issue these shares as fully paid and nonassessable shares upon the Optionee's exercise of the Stock Option. The Optionee may exercise the Stock Option in accordance with this Agreement any time prior to the tenth anniversary of the date of grant of the Stock Option evidenced by this Agreement, unless earlier terminated according to the terms of this Agreement. Schedule A sets forth the date or dates after which the Optionee may exercise all or part of the Stock Option, subject to the provisions of the Plan.

  • Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Nonstatutory Stock Option If the Grant Notice so designates, this Option is intended to be a Nonstatutory Stock Option and shall not be treated as an Incentive Stock Option within the meaning of Section 422(b) of the Code.

  • Our Option If we give you written notice within 30 days after we receive your signed, sworn proof of loss, we may repair or replace any part of the damaged property with material or property of like kind and quality.