All options granted and accepted can be exercised in whole or in part within 5 years from the date of grant.

所有已授出及获接纳之购股权，可在授出购股权日期起计五年内全数或部份行使。

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The exercise price of any option granted to you will be the closing price of a common stock on the date of grant.

不管何种认购权，其行权价都是A股普通股认购权授予当天的收市价。

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Progress Reports are due every 12 months from the payment date of the grant, and within every 12 months of the most recent acceptable Progress Report.

每一奖助金付款日之12个月，同时最近一次核准之进度报告12个月内为进度报告之截止日期。

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Most options were plain vanilla, with an exercise price equal to fair market value on the date of grant, ten-year terms and a three- to four-year vesting period.

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Indexed options work similarly to traditional stock options, with one exception: Rather than having the exercise price fixed at the market price on the date of grant, the exercise price varies based on the change in an appropriate stock market index, e.g.

FORBES: How To Salvage Stock Options

To date, the Ministry of Commerce has yet to grant a single round-trip investment approval under the 2006 rules.

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