Full Option means a right to purchase 3,000 shares of Common Stock (subject to adjustment as provided in Section 4.3 of the Plan) that is granted to an Eligible Director pursuant to Section 5 of the Plan, which option will not qualify as an "incentive stock option" within the meaning of Section 422 of the Code.
What is a car option?
Car options are add-ons for a vehicle that a buyer of a new car can choose before purchase. When buying an automobile, the purchaser may be offered dozens of options, each upping the price of the car. ... Antilock braking systems are a great example of an option that became a standard feature on most cars.Dec 17, 2013
What are options in a vehicle?
Options are features that don't come as standard equipment with the vehicle. These items can range from a sunroof to an upgraded stereo to a larger engine. Most options are installed at the factory. Others are "port-installed options," added to a vehicle before it heads out to the dealership on a delivery truck.
What type of extra options are available for new vehicles?
- Extended Warranties. Perhaps the most popular add on when purchasing a car is an extended warranty. ...
- Gap Insurances. ...
- Chrome Rims and Trim. ...
- Window Etching. ...
- Paint and Fabric Protection. ...
- Rust Proofing. ...
- Key Protection. ...
- Nitrogen for Your Tires.
How do I find out what options my car has?
The VIN is able to tell you what options the vehicle has, as well as where it was produced. The 17 digits VIN found on the driver's side will provide the purchase and service history of the vehicle. To know more, you can call a dealership with the VIN, pull an online report, or call the manufacturer.May 6, 2021
What is the meaning of a loaded car?
Loaded is a term dealers use to describe a vehicle that has many or all options available to it. The term “fully loaded” describes a vehicle that has just about every option.