Replacement Grant Date definition

Replacement Grant Date means the date on which the Replacement Options will be granted, which is currently expected to be January 2, 2004, unless we extend the Expiration Date (or postpone the acceptance of Eligible Options) beyond July 1, 2003.
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Replacement Grant Date means the date on which the Replacement Options will be granted, which will be the first business day following the Expiration Date.
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Replacement Grant Date means the date on which the Replacement Options will be granted, which is currently expected to be February 23, 2004, unless we extend the Expiration Date (or postpone the acceptance of Eligible Options) beyond August 22, 2003 (in which case the Replacement Grant Date will be the date six months and one day from the extended Expiration Date), or a different (later) date is required by local law.
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Examples of Replacement Grant Date in a sentence

  • If we extend the Offer, the Replacement Grant Date will be correspondingly delayed.

  • You will be at risk for any such increase in the Fair Market Value before the Replacement Grant Date, and therefore at risk that the exercise price of your replacement options will be higher than the exercise price of your cancelled options, for these or any other reasons.

  • Any additional option grant(s) to you after the Replacement Grant Date will be made at the sole discretion of our board of directors.

  • If there is no active market for our shares on the Replacement Grant Date, the fair market value of our shares will be determined by our Board of Directors in good faith at the first meeting practicable after six months and one day from the expiration of the Offer.

  • The term of the Option (the “Option Term”) shall commence on the Replacement Grant Date and expire on the tenth anniversary of the Vesting Commencement Date, unless the Option shall theretofore have been terminated in accordance with the terms of this Agreement or the Plan.

  • The plates as issued with 29 loose plates of which 24 with coloured images and 12 with b/w illustrations, all pasted on thick paper.

  • Because current accounting rules would require us to record a variable compensation charge against our earnings for any grants, including performance-based or bonus grants or promotional grants, made during the period between the Cancellation Date and the Replacement Grant Date to participants in the option exchange program, participants will be ineligible to receive any option grants during that period.

  • If we engage in such a transaction or make such a change before the Replacement Grant Date, the Fair Market Value of our common stock could increase (or decrease) in value, and the exercise price of the replacement options could be higher (or lower) than the exercise price of options you elect to tender as part of the Offer.

  • The vesting start date for the new option would begin on the Replacement Grant Date and the shares would continue to vest in equal monthly proportions for 36 months thereafter.

  • Accordingly, the new options will be vested on the Replacement Grant Date to the extent the canceled options would have been vested on that date and the remaining new options will become vested in accordance with the vesting schedule (based on the same vesting dates and percentages) applicable to the canceled options following the Replacement Grant Date.

Related to Replacement Grant Date

  • replacement grant means an option that a reasonable person would consider to be granted in relation to a prior or potential cancellation of an option;

  • Grant Date means the date on which the Committee adopts a resolution, or takes other appropriate action, expressly granting an Award to a Participant that specifies the key terms and conditions of the Award or, if a later date is set forth in such resolution, then such date as is set forth in such resolution.

  • Replacement Date has the meaning set forth in Section 2.08(b).

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

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

  • Date of Grant means the date on which the granting of an Award is authorized, or such other date as may be specified in such authorization.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

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

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Anniversary Date means each anniversary of the Closing Date.

  • Lowest Adjacent Grade (LAG means the elevation of the ground, sidewalk or patio slab immediately next to the building, or deck support, after completion of the building.

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

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

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

  • Highest Adjacent Grade (HAG means the highest natural elevation of the ground surface, prior to construction, immediately next to the proposed walls of the structure.

  • Anniversary Each anniversary of the Cut-off Date.

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

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

  • ISO-NE means ISO New England, Inc. or any successor entity.