From the e-wallet, customers can then monitor their balance and access online reload options via online banking and debit or credit cards.
An offline reload option is also available via the use of a soft pin.
After using up the included data caps, customers will be able to buy reloads for either 1GB (MYR30, valid for seven days), 3.5GB (MYR30, 30 days) and 6GB (MYR50, 60 days); those customers opting for either of the latter two reload options
will also benefit from a 500MB bonus.
Loewenstein, 2003, "Employee Reload Options
: Pricing, Hedging, and Optimal Exercise", Review of Financial Studies, 16:145-171
Further, some will question extending "fixed award accounting" to reload options
granted to employees.
* Reload options
: These have become increasingly common, providing a grant of a new option, consistent with the remaining term of the original option, for the number of remaining shares used to exercise a grant.
Some view reload options as similar to that issue and therefore advocate variable plan accounting.
In a reload option, the minimum award of 1,000 options from the above example is established, but the ultimate number of options is unknown because of two variable factors: (a) the market price at the date of exercise and (b) whether the employee will elect a stock-for-stock exercise, cash-for-stock exercise or a combination of both.
This result occurs because the employer obtains a treasury share for each reload option.
Meredith: But the reload options
that you're talking about--in terms of taking the old options and granting new ones at a reload price--represent 3 or 4 percent of corporate practice today.