New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.
Automatic Exercise Date means, with respect to an Option or a Stock Appreciation Right, the last business day of the applicable Option Term or Stock Appreciation Right Term that was initially established by the Administrator for such Option or Stock Appreciation Right (e.g., the last business day prior to the tenth anniversary of the date of grant of such Option or Stock Appreciation Right if the Option or Stock Appreciation Right initially had a ten-year Option Term or Stock Appreciation Right Term, as applicable).
Initial Exercise Date shall have the meaning set forth in the Preamble.
Exercise Date means the last day of each Offering Period.
Option Exercise Date has the meaning specified in Section 2.1.