Letter of Grant definition

Letter of Grant means the letter of grant of Deferred Share Units sent to a Participant, establishing the conditions and terms of vesting of the Deferred Share Units, in the form of Schedule “A-1” or Schedule “A-2” to the Plan.
Letter of Grant means the letter issued by the Company intimating the Employee of the Options granted to him/her for acquiring a specified number of Equity Shares at the Exercise Price.
Letter of Grant means the letter issued to a specific Eligible Employee, granting Options to him/her and containing other specific details such as the number of Options granted, Exercise Period, Exercise Price etc., and shall include all amendments or modifications to such terms, from time to time, as notified to such Eligible Employee. The Scheme (as amended or modified, from time to time) shall be considered as and form an integral part of the Letter of Grant.

Examples of Letter of Grant in a sentence

  • This Letter of Grant shall be subject to and construed in accordance with the law of the State of Arizona, except as may be required by the Delaware General Corporation Law or the federal securities laws.

  • Please acknowledge your receipt and acceptance of this Letter of Grant, and your agreement to be bound by all of the terms hereof and of the Plan, by countersigning and dating the enclosed copy of this letter in the space provided below and returning the same to me.

  • To the extent that the terms, conditions and definitions of this Letter of Grant are inconsistent with the terms, conditions and definitions of the Stock Option Plan, the terms, conditions and definitions of the Stock Option Plan shall govern.

  • The option contained in this Letter of Grant is subject to the terms, conditions and definitions of the Stock Option Plan.

  • You will have no rights as a stockholder with respect to the Shares until the exercise of the option and payment of the full purchase price therefor in accordance with the terms of the Stock Option Plan and this Letter of Grant.


More Definitions of Letter of Grant

Letter of Grant means a letter to a Participant describing the SERP Benefit payable to a Participant, and any terms of the Plan that may apply to such Participant. Provisions of a Letter of Grant shall control to the extent inconsistent with the Plan.
Letter of Grant means the letter of grant issued by the Authority to the Recipient, offering to provide Funding to the Recipient on these Terms and Conditions, as may be amended from time to time;
Letter of Grant means a form approved by the Minister for the purpose of notifying a successful applicant (or in appropriate cases a second-choice
Letter of Grant means the Bank’s letter advising the Borrower of the Bank’s approval of the loan, the terms and conditions of which are accepted by the Borrower;
Letter of Grant means the letter issued by the Company notifying the Eligible Employee of the Options Granted to him for acquiring a specified number of Shares.
Letter of Grant means the letter issued by the Company to an Employee intimating the Grant of Options to him/her for acquiring a specified number of Shares at the Exercise Price.
Letter of Grant means the letter which is provided to each Participant including, but not limited to, the Awards which may be granted, the value of the Awards, as well as the time or times at which the Awards may be granted.