First Option Grant Date definition

First Option Grant Date means March 4, 2002.
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First Option Grant Date shall have the meaning set forth in Section 2(a) hereof.
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Examples of First Option Grant Date in a sentence

  • Twenty-five percent (25%) of the First Option Shares shall become "Vested Shares" on the second anniversary of the First Option Grant Date and seventy-five percent (75%) of the First Option Shares shall become "Vested Shares" on the third anniversary of the First Option Grant Date in accordance with the terms of this Option Agreement.

  • The First Option vested and became exercisable in accordance with the following vesting schedule: (aa) 150,000 shares of Common Stock subject to the First Option vested and became exercisable on the first anniversary of the First Option Grant Date; (bb) an additional 150,000 shares of Common Stock subject to the First Option vested and became exercisable on the second anniversary of the First Option Grant Date, such that the First Option became fully vested and exercisable as of such date.

Related to First Option Grant Date

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

  • 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 Option Grant means __________________.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

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

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

  • 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.

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

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

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

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

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • 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.

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

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Option Period means the period during which an Option may be exercised.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.