Examples of Initial Trading Date in a sentence
For purposes of measuring such increase in value (if any), the initial value of a Share shall be equal to the twenty-trading-day average closing price beginning on the Initial Trading Date, and the final value shall be equal to the twenty-trading-day average closing price ending on the valuation date (i.e., the third or fifth anniversary of the Initial Trading Date, or if earlier, the date of a Change in Control).
Since the Initial Trading Date, the Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinate the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.
The individuals who shall be eligible to participate in the Automatic Grant Program shall be limited to (i) those individuals who first become non-employee Board members on or after the Initial Trading Date, whether through appointment by the Board or election by the Corporation's stockholders, and (ii) those individuals who continue to serve as non-employee Board members on or after the Initial Trading Date.
Options may be granted under the Discretionary Grant Program at any time on or after the Plan Effective Date, and the ITD Grants under the Automatic Grant Program shall be made on the Initial Trading Date to all non-employee Board members at that time.
The “Restricted Period” shall be defined as the period commencing on the date hereof and continuing until the first business day following the third annual anniversary of the Initial Trading Date; provided, however, if such business day is a Friday, then the Restricted Period shall expire on the next business day; provided further, that the Company may elect to release this lock-up at any time or from time to time for any reason or no reason with respect to any or all of such Securities.
Each individual who is serving as a non-employee Board member on the Initial Trading Date and who is not otherwise on such date a member of the board of directors of United Online, Inc.
The “Restricted Period” shall be defined as the period commencing on the date hereof and continuing until 180 days of the Initial Trading Date; provided, however, if such business day is a Friday, then the Restricted Period shall expire on the next business day; provided further, that the Company may elect to release Methodist from this lock-up at any time or from time to time for any reason or no reason with respect to any or all of the Shares.
The Plan shall be implemented by consecutive Offering Periods with the first offering period commencing on the Initial Trading Date, or on such other date as the Board shall determine, and continuing thereafter until terminated in accordance with Section 19 hereof.
The Company shall use its commercially reasonable efforts to have the Initial Registration Statement declared effective by the Commission as soon as reasonably practicable, but in no event later than the 120th day after the Initial Trading Date.
As Chairman of the Board, commencing January 2, 2014, you will receive an annual retainer of US$200,000 per annum, payable in cash or, at your election, in deferred share units granted on the Initial Trading Date in accordance with the Directors’ Deferred Share Unit Plan of the Company (as amended or replaced from time to time, the “DSU Plan”).