Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.
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.
Initial Grant means an Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a).
Quarterly Payment Date means the last Business Day of each March, June, September and December.
Vesting Date has the meaning set forth in Section 3.10(c)(ii).
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.
Measurement Date has the meaning set forth in Section 3.3(a).
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.
Deferral Date means the date Fees would otherwise have been paid to the Participant.