Englisch Begriff oder Satz:option surrender rights
O parágrafo é assim:
employee is eligible to receive cash in the event of a Change in Control (as defined in the Plan) in lieu of the exercise of the non-qualified stock options above. Option Surrender Rights are payable to the same extent as the non-qualified stock options above are exercisable.
The translation workplace 
Zustimmung (Netto): +3