(m) ISO shall mean an employee incentive stock option described in Section 422(b) of the Code.
(n) Notice of Stock Option Grant shall mean the document so entitled to which this Agreement is attached.
(o) NSO shall mean a stock option not described in Section 422(b) or 423(b) of the Code.
(p) Optionee shall mean the person named in the Notice of Stock Option Grant.
(q) Option Shares shall mean the total number of Shares subject to this option.
(r) Outside Director shall mean a member of the Board of Directors who is not an Employee.
(s) Parent shall mean any corporation (other than the Company) in an unbroken chain of corporations ending with the Company, if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.
(t) Plan shall mean the Vitae Pharmaceuticals, Inc. 2001 Stock Plan, as in effect on the Date of Grant.
(u) Purchase Price shall mean the Exercise Price multiplied by the number of Option Shares with respect to which this option is being exercised.
(v) Right of First Refusal shall mean the Companys right of first refusal described in Section 7.
(w) Securities Act shall mean the Securities Act of 1933, as amended.
(x) Service shall mean service as an Employee, Outside Director or Consultant.
(y) Share shall mean one share of Stock, as adjusted in accordance with Section 8 of the Plan (if applicable).
(z) Stock shall mean the Common Stock of the Company.
(aa) Subsidiary shall mean any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company, if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.