Hiring Grant Sample Clauses

Hiring Grant. Promptly following the Start Date, Employee will receive restricted stock units valued at Seven Million and 00/100 Dollars ($7,000,000) on the date of grant, as determined by the Board, which shall vest, contingent on continued employment, in twenty (20) equal quarterly installments commencing on March 31, 2008, and One Hundred Thousand (100,000) stock options, exercisable at fair market value on the date of grant, as determined by the Board, which shall vest, contingent on continued employment, in five (5) equal annual installments commencing on December 31, 2008, in each case subject to Section 1.5(d).
Sample 1
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Hiring Grant. If Employee's employment is terminated by Employer without Cause, the 9,500 restricted stock units granted to Employee by Employer on July 8, 2008 shall become fully vested as of the effective date of such termination.
Sample 1
Hiring Grant. Promptly following the Start Date, but subject to Board approval, Employee will receive a one time grant of restricted stock units valued at Two Million Eight Hundred Thousand and 00/100 Dollars ($2,800,000) on the Start Date, as determined by the Board, which shall vest, contingent on continued employment, in accordance with the terms of the restricted stock unit grant.
Sample 1
Hiring Grant. Promptly following the Start Date, but subject to Board approval, Employee will receive a one time grant of seventeen thousand five hundred (17,500) restricted stock units, which shall vest, contingent on continued employment, in accordance with the terms of the restricted stock unit grant.
Sample 1
Hiring Grant. If Employee’s employment is terminated by Employer without Cause, the restricted stock units and stock options granted to Employee pursuant to Section 2.6(b) (“Initial Equity Award”) shall become fully vested and exercisable as of the effective date of such termination.
Sample 1

Related to Hiring Grant

  • Initial Option Grant As of the end of the day of the date this Agreement is signed by the Company and Employee, the Company shall grant Employee an option to purchase the number of shares described in Exhibit A of common stock of the Company under the Company's 1992 Stock Option Plan, as amended, having an exercise price per share equal to the fair market value (as defined in the Stock Option Plan) of a share of common stock of the Company. Except as otherwise provided in the Stock Option Plan, the option shall become exercisable as described in Exhibit A.

  • Vesting Upon Change in Control Notwithstanding anything to the contrary in this Agreement, including Section (D):

  • Award Date <Award Date>

  • Option Grant The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the “Option”) to purchase all or any part of shares of the Company’s Class A Common Stock at a purchase price of $ per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Vesting Upon a Change in Control Immediately upon a Change in Control, any equity awards subject to vesting that have been granted to the Officer under the Company’s equity incentive plans and that are not fully vested shall become fully vested and, in the case of stock options, shall become immediately exercisable, and the Officer shall be entitled, in the case of such stock options, to exercise such stock options until the earlier of the expiration of their original full term or one year from the Date of Termination (in each case, without regard to any earlier termination otherwise applicable in the event of termination of employment, and to the extent permitted by Section 409A of the Code).

  • Accelerated Vesting of Equity Awards One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

  • Grant Date The Grant Date of the Option hereby granted is .

  • Change in Control Vesting The shares of Common Stock underlying each Tranche of Performance Shares may also vest on an accelerated basis in accordance with the applicable provisions of Paragraph 4 of this Agreement should a Change in Control occur after the start but prior to the completion of the Performance Period applicable to that particular Tranche or the Certification Date. Issuance Date: The shares of Common Stock which actually vest and become issuable pursuant to each Tranche of Performance Shares shall be issued in accordance with the provisions of this Agreement applicable to the particular circumstances under which such vesting occurs.

  • Date of Grant The date that the Option is granted (the “Date of Grant”) is set forth above.

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