Existing Grants definition

Existing Grants means the following grants awarded to the Port for the Replacement Bridge: the $5 million BUILD grant awarded in 2020, the $5 million Oregon grant awarded in 2017, and the $5 million grant award by each of the State of Washington and Oregon in 2021.
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Existing Grants means those certain rights in the agreements set forth in Paragraphs 2, 3 and 4 of Schedule 3.4(b) hereto.
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Examples of Existing Grants in a sentence

  • For the avoidance of doubt, the Existing Grants shall be treated as provided in the applicable equity incentive plan and award agreement governing such awards.

  • The Board of Directors of the Company (the "Board") or the Compensation Committee of the Board (the "Committee") previously has authorized stock option grants, outside the Company's existing stock option plans, to individuals who are not then serving as officers or directors of the Company, for the issuance in the aggregate of 276,000 shares of Common Stock of the Company pursuant to option agreements as summarized on ANNEX 1 to this Plan (the "Existing Grants").

  • Existing Grants and Future Grants may be referred to herein collectively as the “Grants” or singularly the “Grant”.

  • The Blue Graph shows the intrinsic value if you "Keep All Existing Grants." Please note that if these options are underwater at your hypothetical stock price they will not have any intrinsic value.

  • Exhibit B Type of Award Maximum Number of Shares Vesting Criteria / Restrictions / Strike Price Existing Grants Restricted Stock 25,000 Vested Immediately.

  • From January 1, 2006 to the Retirement Date, the Existing Grants shall continue to vest in accordance with their terms.

  • On the Retirement Date, all of the Existing Grants shall expire unless you have exercised all options and/or restricted stock that are vested as of such date; provided, however, some of the Existing Grants may continue to vest after the Retirement Date in accordance with the “retirement provisions” of the stock plan and grant agreement that governs the particular grant.

  • The Existing Grants are hereby combined for administrative ease and consolidated within this Plan.

  • In connection with the adoption of the Original Plan, the Existing Grants were combined for administrative ease and consolidated within the Plan.

Related to Existing Grants

  • Existing Plan means the Amended and Restated Novatel Wireless, Inc. 2000 Stock Incentive Plan.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

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

  • Grants means subsidies, aid, or payments to local governments, to community and quasi-public agencies for providing local services, and to persons who are not wards of the State for services or supplies and means cash or other direct assistance, including pension contributions.

  • 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.

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

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Awards means, collectively, Options, Purchased Stock, Bonus Stock, Stock Appreciation Rights, Phantom Stock, Restricted Stock, Performance Awards, or Other Stock or Performance Based Awards.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Previous Agreement has the meaning assigned to such term in the Recitals.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

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

  • Capital Grant means grant paid to the Academy Trust in respect of Capital Expenditure.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Existing Agreement has the meaning set forth in the recitals hereto.

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • 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.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Grant means mortgage, pledge, bargain, sell, warrant, alienate, remise, release, convey, assign, transfer, create and xxxxx x xxxx upon and a security interest in and right of set-off against, deposit, set over and confirm pursuant to this Indenture. A Grant of the Collateral or of any other agreement or instrument shall include all rights, powers and options (but none of the obligations) of the granting party thereunder, including the immediate and continuing right to claim for, collect, receive and give receipt for principal and interest payments in respect of the Collateral and all other moneys payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring Proceedings in the name of the granting party or otherwise and generally to do and receive anything that the granting party is or may be entitled to do or receive thereunder or with respect thereto.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Partnership or the General Partner, including the Plan.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Non-U.S. Plan means any plan, fund or other similar program that (a) is established or maintained outside the United States of America by the Company or any Subsidiary primarily for the benefit of employees of the Company or one or more Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and (b) is not subject to ERISA or the Code.