Subsequent Grant definition

Subsequent Grant means any grant issued under the terms of the Plan after the Grant Date of the initial grant of Employee Awards hereunder.
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Subsequent Grant shall not include grants by SHPI which include rights to various embodiments of friction elements to cause inclination of a binding member into a binding position on a needle as disclosed in the Patents.
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Subsequent Grant means any grant issued under the terms of the Plan after the Grant Date of the Re-Issued Grant.
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Examples of Subsequent Grant in a sentence

  • Each such Subsequent Grant shall be made on the date of the annual stockholders' meeting in question.

  • The exercise price per share of Common Stock of each Initial Grant and Subsequent Grant shall be one hundred percent (100%) of the Fair Market Value per Share on the date of grant.

  • Each such Subsequent Grant shall be made on the date of the annual stockholders’ meeting in question.

  • The exercise price of the Subsequent Option shall equal the fair market value of the Company's common stock on the Subsequent Grant Date.

  • Each such Subsequent Grant shall be made on the first business day after each Annual Meeting of Stockholders occurring after the date of the Initial Grant or previous Subsequent Grant, but only if the Non-employee Director has continuously served as such through the Grant Date.

  • The exercise price per share of Common Stock of each Initial Grant and Subsequent Grant shall be one hundred percent (100%) of the Fair Market Value per share on the date of grant.

  • Subject to the accelerated vesting provisions set forth herein, the Subsequent Option will vest as to 25% of the shares subject to the Subsequent Option on the Subsequent Grant Date, and as to 1/48th of the shares subject to the Subsequent Option monthly thereafter, so that the Subsequent Option will be fully vested and exercisable three (3) years from the Subsequent Grant Date, subject to Executive's continued service to the Company on the relevant vesting dates.

  • The Non-Employee Director must make the foregoing election by or immediately after the end of the annual meeting to which the Subsequent Grant relates, in an election form and under related procedures as may from time to time be communicated to the Non-Employee Director prior to the annual meeting.

  • Any Initial Chairman's Grant or Subsequent Chairman's Grant shall be in lieu of any Initial Grant or Subsequent Grant the Chairman otherwise would be entitled to under Section 9.1.1.

  • Each Subsequent Grant and each Committee Service Grant under the Program shall vest and become exercisable as to 1/12 of the shares of Common Stock subject to the Option on each monthly anniversary of the date of grant, such that the Option will be fully exercisable one (1) year after its date of grant.

Related to Subsequent Grant

  • Initial Grant means an Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a).

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

  • Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.

  • Stock Payment means (a) a payment in the form of shares of Stock, or (b) an option or other right to purchase shares of Stock, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.

  • Vesting Event means the earliest to occur of the following events:

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Stock Bonus means an award of Shares, or cash in lieu of Shares, pursuant to Section 7.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Date of Grant means the date on which the granting of an Award is authorized, or such other date as may be specified in such authorization.