Grant Option definition

Grant Option means an option to purchase Grant Common Stock.
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Examples of Grant Option in a sentence

  • The Annual Grant Option will vest over four years subject to your continued employment with the Company, except as otherwise provided herein.

  • The Company hereby grants to Participant, effective as of [Insert Effective Date of Grant] ("Option Date"), the right, privilege and option to purchase [Type Total Number of Shares (numeric number)] shares of Common Stock of the Company at the purchase price of [Typed Price per Share] Dollars [($_______)] per share (the "Option"), in the manner and subject to the terms and conditions provided in this Agreement and the Plan.

  • Memorandum of Lease dated May 30, 1991 by and between Mall of America Company and Sears, ▇▇▇▇▇▇▇ and Co. Agreement to Grant Option to Lease dated May 30, 1991 by and between Sears, ▇▇▇▇▇▇▇ and Co. and Minntertainment Company Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇ & Associates, Inc.

  • The Annual Grant Option and Relocation Option will vest over four years subject to your continued employment with the Company, except as otherwise provided herein.

  • In accordance with Section 16 of each of the Tranche-A Replacement Option Agreement, the Tranche-B Replacement Option Agreement, and the 10% Grant Option Equivalent Agreement, MPG and Executive hereby agree, subject to the terms hereof, to waive (i) the first sentence of Section 6 of each such agreement with respect to the exercisability of options upon Executive’s termination of service with MPG and (ii) Section 4(a) of each such agreement with respect to the vesting schedules of the Unvested Options.

  • Agreement To (I) Amend Reciprocal Easements and Operating Agreement, and (II) Grant Option to Purchase Real Estate made and entered into by and between Mayfair Property Inc., an Illinois corporation, and P.A. ▇▇▇▇▇▇▇ & Co., an Illinois corporation, dated June 11, 1993 and recorded December 23, 1993, on Reel 3189, Image 666, as Document No. 6876387.

  • The vesting schedules in Sections 5(a) and (b) above require Employee’s continued employment with the Company through each applicable vesting date as a condition to the vesting of the applicable installment of the Grant, Option, Performance Grant and Performance Option and the rights and benefits thereto.

  • License Grant (Option 1 -Software licensed by Supplier) Supplier grants to the Commonwealth and all Authorized Users a fully paid, perpetual, worldwide, nonexclusive, transferable, irrevocable object code license to use, copy, modify, transmit and distribute the Software and Documentation including any subsequent revisions, in accordance with the terms and conditions set forth herein and subject only to the limitations and/or restrictions explicitly set forth in this Contract.

  • The Employee is hereby granted an Incentive Grant Option to purchase up to Two Hundred Fifty Thousand (250,000) Shares of the Company's Common Stock (the "Shares") at an exercise price of Fifty (.50 CENTS) cents per Share (the "Purchase Price"), in accordance with the terms and conditions of the Company's Stock Option Plan (the "Plan") and Incentive Stock Option Grant Agreement (the "Grant").

  • The Block Grant Option is no longer available to Consumers as of September 1, 2013.

Related to Grant Option

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

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

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

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

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