Grant Date definition
Examples of Grant Date in a sentence
The Company, effective as of the Grant Date, hereby grants to the Participant an award of ______ Restricted Stock Units, each Restricted Stock Unit representing the right to receive one Share of Common Stock on such date as set forth herein, plus an additional amount pursuant to Section 2(b) hereof, subject to the terms and conditions set forth in this Agreement and the Plan.
In the event the Participant retires prior to a Vesting Date, as long as such retirement is at least 180 days after the Grant Date, then the Participant’s rights under this Agreement shall remain outstanding as if the Participant had remained employed through the Vesting Date.
Commencing on the first anniversary of the Grant Date, the Option may be exercised by the Participant prior to its termination in cumulative annual installments as follows: the anniversary of the Grant Date % the anniversary of the Grant Date % the anniversary of the Grant Date % the anniversary of the Grant Date % the anniversary of the Grant Date % The Option shall in all events terminate on_____________, 20__ or such earlier date as prescribed herein.
Pursuant to the Plan and subject to the terms of this Agreement, the Company grants to the Optionee, as of the Grant Date, the Option to purchase from the Company Shares in an amount equal to the number of Option Shares, exercisable at the Exercise Price.
Grant Number: RSU-______________ Participant: ________________________ Grant Date: ________________ Vesting Commencement Date: ________________ Total Number of Restricted Stock Units Subject to the Award: ______________ Units Each Unit represents the right to receive one share of the Company’s Common Stock (“Shares”).