stock option

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Related to ESOS: ASOS

stock option

n. the right to purchase stock in the future at a price set at the time the option is granted (by sale or as compensation by the corporation). To actually obtain the shares of stock the owner of the option must "exercise" the option by paying the agreed upon price and requesting issuance of the shares. (See: stock, share, option)

References in periodicals archive ?
Your ESOS assessment report provides you with a comprehensive list of your energy saving opportunities.
The Department of Energy and Climate Change (DECC) figures suggest any action taken as a result of findings from ESOS audits could lead to an average 0.
Even more surprising, only a further 11% are prepared to adopt appropriate measures following an ESOS assessment
If you qualify for ESOS and your organisation is fully covered by the Energy Management Standard ISO 50001, you don't need to carry out another ESOS assessment, you just need to notify the Environment Agency that you are compliant with ESOS.
Essentially ESOS is a good piece of legislation for large companies as it gives the drive and support to make the necessary changes to save energy and become more environmentally aware.
For example, data files from Auto Time's software can be successfully uploaded into the ESOS system, thereby eliminating the need to manually key hours and absence data into the payroll system.
Even at this late stage of the ESOS submission process their Energy Services team can provide you with a full ESOS service.
John Smith, chairman of ESOS, says: "The entire ESOS team looks forward to going from strength to strength during a time when organisations are looking for efficiencies and more importantly a time when senior management teams need to be focusing on core business issues rather than the complex employment legislation that seems to increase daily.
Every month ESOS handles 75,000 payslips on both large and small payrolls using state-of-theart software and communications systems.
The advanced time and workforce management software from Autotime can be adopted to work closely with the offerings from ESOS, ensuring optimum payroll efficiency by reducing payment errors.
Jo Scully, the Environment Agency s ESOS project lead, said: We know that many businesses are working hard on their ESOS preparations but it is vital that all businesses check to see if they need to take part by visiting the GOV.
46 million shares exercisable in to the same number of shares of Rs 1 each at such price as may be fixed and ascertained by the board of directors and/or ESOS compensation committee.