Examples of Annual Grant Date in a sentence
Each year on the Annual Grant Date, an Automatic Option to acquire 10,000 shares of Stock shall be granted to each Director for as long as shares of Stock are available under Section 3(a) hereof.
These awards vest in three equal installments on each of the first, second, and third anniversaries of the Annual Grant Date provided that the executive remains an employee as of each vesting date.
Any Director that was granted an Automatic Option under Section 8(a)(ii) within 90 days of an Annual Grant Date shall be ineligible to receive an Automatic Option pursuant to this Section 8(a)(i) on such Annual Grant Date.
The SSARs shall vest one hundred percent (100%) on the one year anniversary following the Annual Grant Date.
Awards will be granted in the next open trading window following the Award Approval ( “ Annual Grant Date ”)).