The definition of an option as it relates to an Employee Stock Option Plan is

The vesting time that requires the employee to stay with the company in order to earn the options since it promc

The ability to get wealthy regardless of what happens to the stock price of the company.

The price set by the board of directors, which can sometimes be below$-$market prices.

The amount of time an employee needs to be with the company before they can participate in the plan.

The opportunity an employee has to purchase stock in the company.