Initial Grant Date definition

Initial Grant Date means the date that an Eligible Director is first appointed or elected to the Board.

Initial Grant Date means the date the Company’s registration statement relating to its initial public offering becomes effective, provided that the Board has adopted, and the stockholders approved, the Plan prior to or on such date.

Initial Grant Date means the date on which a person is first elected as a member of the Board.

Examples of Initial Grant Date in a sentence

• The "Initial Grant Date" shall be the date that an Eligible Director is first appointed or elected to the Board.

• Such Restricted Stock shall, subject to Executive's continued employment by the Company, vest in its entirety on the third anniversary of the Initial Grant Date and shall be fully vested upon a Change of Control.

• Such Options shall vest in thirds upon each of the first three anniversary dates of the Initial Grant Date, and shall be fully vested upon Executive's death, Disability or a Change of Control.

• As an inducement to Executive to enter into this Agreement, Company shall grant to Executive, as of the date upon which initial grants are made to other senior executives of the Company (the "Initial Grant Date"), an Option to purchase shares of Common Stock in an amount to be determined by the Board (the "Initial Option") in accordance with the terms of the Company's 2001 Stock Plan, as it may be amended or restated from time to time (the "Stock Plan").

• The Initial Options shall vest over 3 years, one third will vest on the 12 month anniversary of the Initial Grant Date, and thereafter, the remaining two thirds will vest on a monthly basis until fully vested.

More Definitions of Initial Grant Date

Initial Grant Date means October 27, 2015.

Initial Grant Date means the date on which a person is first elected as a member of the Board, or the effective date of this Plan in the case of persons who were members of the Board prior to the adoption of this Plan.

Initial Grant Date means, with respect to any license for which the License Company is the Winning Bidder, the date on which such license is granted by the FCC as set forth on the face of such license.

Initial Grant Date means with respect to each Eligible Director the date such Eligible Director is first elected as a member of the Board.

Initial Grant Date means (i) in the case persons who are or become Eligible Directors of the Company on the effective date of the Company's Registration Statement on Form SB-2 (the "Effective Date") to be filed with the Securities and Exchange Commission in connection with the Company's initial public offering, the Effective Date and (ii) in all other cases, the date on which a person is elected as a member of the Board.

Initial Grant Date means the date on which a Non-Employee Director is first elected or appointed as a Director.

Initial Grant Date means the date upon which this Plan is approved by the Board.