Examples of Continuing Grant in a sentence
If the date of such initial election or appointment is less than four calendar months prior to the date of the next annual general meeting, such Non-Employee Director shall not be granted a Continuing Grant under Section 2(b) above with respect to such next annual general meeting.
Each Option constituting a Continuing Grant shall be exercisable as to all or any part of the Shares subject to the Option after the third anniversary of the grant date.
If a person is elected or appointed to be a Non-Employee Director for the first time other than at an annual general meeting of the Company’s shareholders, such Non-Employee Director automatically shall be granted a Continuing Grant with respect to the next annual general meeting in accordance with Section 2(b) above, provided that the date of such initial election or appointment is not less than four calendar months prior to the date of the next annual general meeting.
Each non-Employee Director shall automatically be granted an Option (the "Continuing Grant") to purchase 10,000 Shares of Common Stock (subject to adjustment as provided in Section 12) on each anniversary of his or her election or last re-election to the Board so long as such Director is serving on the Board on the date of such anniversary.
The Continuing Option Grant and Continuing RSU Grant shall collectively be referred to as a “Continuing Grant.” Notwithstanding the foregoing, each person who is elected or appointed to be a Non-Employee Director for the first time at an annual general meeting of the Company’s shareholders shall not be granted a Continuing Grant with respect to such meeting.
Each award will be funded as a Standard Grant or Continuing Grant.
Each Non-Employee Director shall automatically be granted an Option (the "Continuing Grant") to purchase 5,000 Shares of Common Stock (subject to adjustment as provided in Section 12) on each anniversary of his or her election or last re-election to the Board so long as such Non-Employee Director is continuing to serve on the Board on the date of such anniversary.
The IINSPIRE LSAMP Research Team will discuss their research backgrounds as it relates to the proposed research in the IINSPIRE LSAMP Continuing Grant (2016-2021) and engage the audience in roundtable discussions around this proposed research collaboration with IINSPIRE LSAMP Institutions.
Award Information Anticipated Type of Award: Continuing Grant Estimated Number of Awards: 4 to 8 Anticipated Funding Amount: $4,000,000 In FY 2024, Awards are anticipated to be $300,000 to $700,000 per year for a period of six years pending the availability of funds and receipt of competitive proposals.
The Continuing Option Grant and Continuing RSU Grant shall collectively be referred to as a “Continuing Grant.” The Continuing Grant will be delivered such that approximately 50% of the value is delivered as a Continuing Option Grant and approximately 50% of the value is delivered as a Continuing RSU grant, using the methodology for determining actual share amounts and the stock option to RSU ratio most recently approved by the Compensation Committee.