Special Grant Sample Clauses

Special Grant. On March 10, 2006, Executive was granted a special award under the LTIP of 580,550 performance restricted share units (the “Special Grant”). The Special Grant will be scheduled to vest and be settled in accordance with the performance criteria and vesting schedule set forth on Exhibit B of the applicable Special Grant Award Agreement. Notwithstanding the foregoing, this Special Grant was made contingent upon Executive and Company executing this Agreement by May 23, 2006. In the event this Agreement is not executed by Executive and the Company by May 23, 2006, Executive will forfeit the Special Grant.
AutoNDA by SimpleDocs
Special Grant. Within 30 days of the Effective Time, or, if the Effective Time occurs during the two-month period prior to March 3, 2003, within 30 days thereafter, subject to the approval of the trustee (the "Trustees") of Parent's Restricted Share Plan (the "Plan"), the Executive will receive a one-time special retention grant of restricted shares of the Parent (the "Special Restricted Shares") pursuant to the Plan, with a value equal to $10,000,000 (the "Restricted Share Value"), based on the closing price (the "Fair Market Value"), as of the date of grant of such Special Restricted Shares, of ordinary shares of the Parent on the principal stock exchange on which such shares are traded. The number of Special Restricted Shares granted shall be determined by dividing the Restricted Share Value by the Fair Market Value on the date of grant of such Special Restricted Shares. The Special Restricted Shares will vest with respect to 1/3 of the shares on each of the first three (3) anniversaries of the Effective Date, provided the Executive is still employed on each applicable vesting date. Upon a termination of employment of the Executive by the Company without Cause or by the Executive for Good Reason or by reason of his death or Disability, the Special Restricted Shares shall immediately vest. All other terms and conditions of the Special Restricted Shares will be governed by the Plan. To the extent the grant of Special Restricted Shares is not approved by the Trustees or would violate rules and regulations under the Plan or applicable law (the "Excess Amount"), the Executive will receive a one-time special cash bonus (the "Special Cash Bonus") equal to the Excess Amount. The Special Cash Bonus, if any, will be paid to the Executive in three equal installments on each of the first three (3) anniversaries of the Effective Date, provided the Executive is still employed by the Company on each applicable anniversary. Upon a termination of employment of the Executive by the Company without Cause or by the Executive for Good Reason, the Special Cash Bonus shall immediately vest and be payable.
Special Grant. Effective as of the Effective Date, the Company shall grant the Executive 5,000 nonqualified stock options (“Options”). The Options shall vest in three equal increments on each of the first, second and third anniversaries of the Effective Date, subject to the Executive’s continued employment with the Company through the applicable vesting date; provided that, if the Executive’s employment is terminated by the Company without Cause or the Executive resigns with Good Reason, any unvested Options shall vest on the date of such termination, subject to the release of claims requirement in Section 5.4 or Section 6.2, as applicable. The exercise price of the Options shall equal the fair market value of the underlying common stock on the date of grant and the maximum term of the Options (subject to earlier expiration in connection with the Executive’s termination of employment) shall be six years. The Options shall be granted pursuant to the Company’s 2007 Stock Incentive Plan and the standard form of stock option agreement thereunder (as modified to reflect this Section 3.4(A)). 
Special Grant. Relaunch of Cinequest Film & Creativity Festival Project: To support the relaunch in FY 2022-23 of Cinequest Film & Creativity Festival programming in the City of San Xxxx. Description: Funding Source: 001-60-000100-4052 Contract Amount Not to Exceed: $75,000 Payment Terms: This agreement provides partial funding for arts and/or cultural services provided by GRANTEE. See Exhibit C. Agreement Term: Start Date: Date of Execution End Date: June 30, 2023 CINEQUEST, INC. FY2022-23 Special Grant OC-002089-000 PARTIES TO AGREEMENT: GRANTEE CITY OF SAN XXXX Agency Name: CINEQUEST, INC. OFFICE OF CULTURAL AFFAIRS Address for Legal Notice: PO Box 720040 San Jose, CA 95172-0040 000 X. Xxxxx Xxxxx Xx, 12th Floor City/State/Zip Code: San Jose, CA 95172-0040 San Jose, CA 95113 Attention: Xxxxxxxx Xxxxxx Xxxxx Xxxxx Xxxxxx E-mail Address: xxxxxxx@xxxxxxxxx.xxx xxxxx.xxxxx- xxxxxx@xxxxxxxxx.xxx Telephone No.: 000-000-0000 000-000-0000 Taxpayer ID 00-0000000 City Business License/ Tax No.: 0000000000 Type of Entity: 501(c)3 State of Incorporation or Residency: CA CONTACT INFORMATION GRANTEE Contact Person: Xxxxxxxx Xxxxxx Title: President Telephone No: 000-000-0000 Email: xxxxxxx@xxxxxxxxx.xxx CITY Contact Person: Xxx X. Xxxxxxx Title: Arts Industry Support Director Telephone No: 000-000-0000 Email: xxx.xxxxxxx@xxxxxxxxx.xxx X EXHIBIT LIST YES X N/A Exhibit A: Scope of Services and Units of Service Exhibit B: Budget Summary Exhibit C: Payments to GRANTEE and Reporting Schedule Exhibit D: Monitoring, Evaluation, and Reporting Requirements Exhibit E: General Service Requirements (Special Grant Conditions) To the extent applicable, the following grant provisions are required for this AGREEMENT. (Check all provisions that apply.) X Exhibit F: Employee/Volunteer Clearance Verification and Compliance with the Child Abuse and Neglect Reporting Act X Exhibit G: Insurance Requirements YES N/A X X X X X X City of San Xxxx Funding Federal State County Other Public Agency Private Funding Agency I certify that I have read and hereby consent to all the terms and provisions contained in the attached AGREEMENT, including without limitation, all exhibits. WITNESS THE EXECUTION HEREOF the day and year first hereinabove written. CINEQUEST, INC. Xxxxxxxx Xxxxxx GRANTEE Signature: Email: xxxxxxx@xxxxxxxxx.xxx Date: 08/08/2022 GMT City of San Xxxx, a municipal corporation XXXXX XXXXXX Office of the City Manager Form Approved by the Office of the City Attorney Xxxxx Xxxxxx Email: xxxxx.xxxxxx@xx...
Special Grant. Executive will receive a special one-time equity grant comprised of Restricted Stock Units (RSUs) valued at $100,000. This special grant will occur in 2023 in conjunction with the Annual Stock Grant. RSUs shall vest over a period of twenty-four (24) months, with one-half vesting on the one-year anniversary of the Vesting Commencement Date, with the remaining one-half vesting on the second anniversary of the vesting Commencement Date, rounded down to the nearest whole share; provided, that with respect to the last installment, the number of RSUs that vest in the installment shall become fully vested in the total number of RSUs described herein.
Special Grant. You have been awarded a special grant (the ------------- "Special Grant") under Viacom's 1997 Long-Term Management Incentive Plan (the "l997 LTMIP") of stock options to purchase One Hundred Thousand (100,000) shares of Viacom's Class B Common Stock, effective as of May 25, 2000 (the "Date of Special Grant"), with an exercise price of $54.0625 for each share (the closing price of the Class B Common Stock on the NYSE on the date of grant). The Special Grant shall vest in three equal installments on the first, second and third anniversaries of the Date of Special Grant.
Special Grant. 6.1 It is agreed that at any time at which the Company distributes a dividend to its shareholders, the Company will pay the permanent employees who are employed in the Company at the time of the distribution of the dividend, a grant at a rate of 1% of the dividend being distributed up to limits for distribution of a dividend of 250 million dollars (in other words: 2.5 million dollars to the employees) (hereinafter: “the Special Grant”).
AutoNDA by SimpleDocs
Special Grant. You will be granted, at the next regularly scheduled meeting of the Committee which follows the execution of this Agreement, a special award under the LTIP of restricted stock units with a target value, determined by the Company pursuant to a reasonable and uniform methodology, equal to $2,000,000 on the date of grant, which will be scheduled to vest and be settled in accordance with the applicable vesting schedule provided in the applicable award agreement under the LTIP.
Special Grant. Subject to the terms and conditions set forth herein, you have been awarded a special grant (the “Special Grant”) of stock in the amount of Five Million (5,000,000) shares of Odyssey’s Class A Common Stock, effective as of January 1, 2010 (the “Date of Special Grant”) . The Special Grant shall be distributed in three equal installments with the first, being made on or before March 31, 2011, and second and third distributed on January 31, 2012 and January 31, 2013. The Special Grant is not barred by Sections 8(b), 8(c) or 9, nor must you be an employee of Odyssey on such distribution date to be eligible to receive such installment.
Special Grant. Effective on the Date of Grant, Tidewater hereby grants to the Employee an additional restricted stock award of [ ] shares of Common Stock (the “Special Grant” and, together with the 2011 Grant, the “Restricted Stock”) under the 2006 Plan, subject to the terms, conditions, and restrictions set forth in the 2006 Plan and in this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.