Effective Grant Date definition

Effective Grant Date means (a) with respect to any Grantor party hereto as of the date hereof, the Effective Date and (b) with respect to any Grantor party hereto as of any other date, the date on which the joinder to the Security Agreement executed by such Grantor pursuant to Section 6.03(m) of the Credit Agreement becomes effective in accordance with its terms.
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Effective Grant Date means the date on which a Qualified Option is effectively granted (i.e., the date on which the condition precedent of the expiration of a Closed Period applicable to the Qualified Option, if any, is satisfied, which is the first day after any Closed Period). Such condition precedent shall be satisfied when the Board, Committee or other authorized corporate body shall determine that the granting of Qualified Options is no longer prevented under a Closed Period (i.e., the first date following the expiration of the Closed Period which would not be a prohibited Date of Grant pursuant to French Closed Periods or the next immediately succeeding trading day if such date is not a trading day provided such date is not prohibited under the Plan rules and U.S. securities rules). If the Grant Date does not occur within a Closed Period, the “Effective Grant Date” shall be the same day as the “Grant Date” without any need for Board or Committee action.
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Effective Grant Date. December 23, 2016
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Examples of Effective Grant Date in a sentence

  • If Options are considered granted on the Effective Grant Date, the Option price will be determined in accordance with the method set forth by the Committee on the Grant Date.

  • To ensure the qualified status of Options under the French Plan, the terms and conditions of any Options granted under the French Plan shall not be modified after the Effective Grant Date, unless otherwise authorized by French law.

  • Any individual who at the Effective Grant Date of the Option under the French Plan is either employed under the terms and conditions of an employment contract (“contrat de travail”) with the Subsidiary or is a corporate officer of the Subsidiary, shall be eligible to receive Options under the French Plan provided that he or she also satisfies the eligibility conditions of the U.S. Plan.

  • Effective as of the Effective Grant Date identified above, the Company has granted and issued to Recipient the Number of Performance Units with respect to the Company's Common Stock identified above (the “PSUs”), representing an unfunded, unsecured promise of the Company to deliver shares of Common Stock in the future, subject to the claims of the Company’s creditors and the terms, conditions and restrictions set forth in this Agreement.

  • IN WITNESS WHEREOF, the Company and Recipient have executed this Restricted Stock Grant effective as of the Effective Grant Date.

  • Effective as of the Effective Grant Date identified above, the Company has granted and issued to the Recipient the Number of Phantom Stock Units identified above (the “PSU”), representing an unfunded, unsecured promise of the Company to make a cash payment in the future, subject to the claims of the Company’s creditors and the terms, conditions and restrictions set forth in this Agreement.

  • Each Initial Grant shall be subject to a vesting schedule which will provide that 20% of the total Shares subject to the Option shall vest on each of the first five (5) anniversaries of the Effective Grant Date.

  • Effective as of the Effective Grant Date identified above, the Company has granted and issued to the Recipient the Number of Shares of the Company’s Common Stock identified above (the “Restricted Stock”), subject to the terms, conditions and restrictions set forth in this Restricted Stock Grant.

  • Effective as of the Effective Grant Date identified above, the Company has granted and issued to the Recipient the Number of Restricted Stock Units with respect to the Company’s Common Stock identified above (the “RSUs”), representing an unfunded, unsecured promise of the Company to deliver shares of Common Stock in the future, subject to the claims of the Company’s creditors and the terms, conditions and restrictions set forth in this Agreement.

  • You will be credited with a year of service after the Effective Grant Date for each 12-month period after the Effective Grant Date during which you are continuously performing services (or deemed to be continuously performing services) for us.


More Definitions of Effective Grant Date

Effective Grant Date. December 23, 2016 Effective Grant Date: December 23, 2016
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Effective Grant Date means July 18, 2002.
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Effective Grant Date means (a) with respect to any Grantor party hereto as of the date hereof, the Effective Date and (b) with respect to any Grantor party hereto as of any other date, the date on which the joinder to the Security Agreement executed by such Grantor pursuant to Section 6.03(m) of the Credit Agreement becomes effective in accordance with its terms. “Equity Interests” means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any of the foregoing. “Excluded Account” means with respect to any Grantor, (a) any Deposit Account which is funded by, or on behalf or for the benefit of, employees of such Grantor and is to be maintained exclusively for the benefit, directly or indirectly, of such employees (including any Deposit Account which is an employer funded pension account for employees and any account established to pay taxes for and on behalf of employee tax liabilities), (b) any payroll, trust, fiduciary and tax withholding account which is funded in the ordinary course of business or required by applicable law, (c) any trust account to hold customer deposits, (d) any Deposit Account which is located outside the United States, (e) xxxxx cash accounts, amounts on deposit in which do not exceed $200,000 in the aggregate at any one time and (f) other deposit accounts provided, that the aggregate average monthly balance therein does not exceed $200,000. “Exhibit” refers to a specific exhibit to this Security Agreement, unless another document is specifically referenced. “Existing Security Agreement” has the meaning set forth in the Preliminary Statement. “Foreign Subsidiary” has the meaning given to such term in the definition of “Investment Property.” “Investment Property” shall have the meaning set forth in Article 9 of the UCC; provided, that with respect to Equity Interests held by a Grantor in any Subsidiary organized under the laws of a jurisdiction outside of the United States of America (a “Foreign Subsidiary”), Investment Property shall not include 3 WEIL:\98740446\6\35899.0596 more than sixty-five percent (65%) of the outstanding Voting Stock in each such Foreign Subsidiary, unless the pledge of a greater percentage of Voting Stock will no longer trigger material adverse tax consequences pursuant to Section 956 of the Code or otherwise. ...
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Related to Effective Grant Date

  • Grant Date means the date on which the Committee adopts a resolution, or takes other appropriate action, expressly granting an Award to a Participant that specifies the key terms and conditions of the Award or, if a later date is set forth in such resolution, then such date as is set forth in such resolution.

  • 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.

  • Option Grant Date means, as to any Stock Option, the latest of:

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

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Director Option means an Option granted pursuant to Section 6.

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

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

  • 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.

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

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • 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.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

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

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Stock Grant means the grant of shares of Stock not subject to restrictions or other forfeiture conditions.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Date of Option Grant means __________________.

  • Optioned Stock means the Common Stock subject to an Option.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • 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.

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