Initial Grant definition

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

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

Initial Grant means an Option granted to a Non-Employee Director who meets the criteria specified in subsection 6(a) of the Plan.

Examples of Initial Grant in a sentence

• Public Grant Funds Received from the Citizens' Election Fund Purpose of Grant: Initial Grant Adjustment Supplemental/Post Election Deficit Grant Cycle: Primary General Election Special Election Date Received AmountTotal of Section H I.

• The shares subject to each Initial Grant will vest in equal monthly installments over a three year period such that the option is fully vested on the third anniversary of the date of grant, subject to the Eligible Director’s Continuous Service (as defined in the Plan) through each such vesting date and will vest in full upon a Change in Control (as defined in the Plan).

• Each Outside Director who became a member of the Board on or prior to the Effective Date and who did not receive a prior option grant (under this Plan or otherwise and from the Company or any of its corporate predecessors) will receive an Initial Grant on the Effective Date.

• The exercise price of an option pursuant to an Initial Grant and Succeeding Grant shall be the Fair Market Value of the Shares, at the time that the option is granted.

• The date an Optionee receives an Initial Grant or a Succeeding Grant is referred to in this Plan as the "START DATE" for such Option.

More Definitions of Initial Grant

Initial Grant has the meaning set forth in Section 4(c).

Initial Grant means a Stock Award granted to a Non-Employee Director who meets the specified criteria pursuant to Section 7(a) of the Plan.

Initial Grant means an Option granted to a Non-Employee Director pursuant to Section 5(a).

Initial Grant means a grant of shares of Restricted Stock to a Non-Employee Director in accordance with Section 4 of this Plan.

Initial Grant means an Option granted to an Eligible Director who meets the specified criteria pursuant to Section 7(b)(i).

Initial Grant means an Option granted pursuant to section 6(a) of the Plan.

Initial Grant means the initial grant of an Award to an Eligible Director pursuant to Section 5(a).