Subsequent Grant Date definition

Subsequent Grant Date means any date on which any Class B Units are granted following the date of the initial grant of Class B Units (as set forth on Schedule I).
Sample 1Sample 2Sample 3
Subsequent Grant Date means any Grant Date other than the Initial Grant Date.
Sample 1Sample 2Sample 3
Subsequent Grant Date means the anniversary date of the appointment of an Eligible Director to the Board.
Sample 1Sample 2Sample 3

Examples of Subsequent Grant Date in a sentence

  • The exercise price of the Subsequent Option shall equal the fair market value of the Company's common stock on the Subsequent Grant Date.

  • Subject to the accelerated vesting provisions set forth herein, the Subsequent Option will vest as to 25% of the shares subject to the Subsequent Option on the Subsequent Grant Date, and as to 1/48th of the shares subject to the Subsequent Option monthly thereafter, so that the Subsequent Option will be fully vested and exercisable three (3) years from the Subsequent Grant Date, subject to Executive's continued service to the Company on the relevant vesting dates.

  • On each Subsequent Grant Date, each Eligible Director shall receive the grant of an Option to purchase 3,000 Shares.

  • Options shall be exercisable in three equal installments beginning on the first anniversary of the Initial Grant Date or any Subsequent Grant Date and subject to such terms and conditions as shall be determined by the Board at grant, provided, however, that in the case of the Eligible Director's death or Permanent Disability, the Options held by him will become immediately exercisable, unless a longer vesting period is otherwise determined by the Board at grant.

  • Each Restricted Stock Award shall be for the number of shares of Stock equal to the (x) Deficiency Amount (y) divided by the Fair Market Value of such Stock on the applicable Subsequent Grant Date rounded down to the nearest whole number, and shall vest in four (4) equal annual installments commencing on the first anniversary of the applicable Subsequent Grant Date.

  • Except as provided in Section 6, each group of Subsequent Units granted on a Subsequent Grant Date shall become vested and nonforfeitable (i) in installments over three years following the grant thereof in proportions substantially similar to those contained in Section 2(a) hereof and (ii) contingent on the Company’s satisfaction of the performance hurdles as determined by the Company’s Board of Directors at the time of grant thereof.

  • The Subsequent Option shall vest during the Term as follows: 50,000 shares upon the Subsequent Grant Date; 50,000 shares on May 22, 2021; and 50,000 shares of June 22, 2021.

  • On the Initial Grant Date, and on each Subsequent Grant Date, each Eligible Person shall be granted an Option to purchase 5,000 Shares.

  • On each Subsequent Grant Date, each Eligible Person shall receive the grant of an Option to purchase 5,000 Shares, provided that the grant of Options hereunder to an Eligible Person who is a Director shall not exceed 40,000 Shares.

  • Subject to the accelerated vesting provisions set forth herein, the Subsequent Option will vest as to 25% of the shares subject to the Subsequent Option on the day prior to the Subsequent Grant Date, and as to 1/48th of the shares subject to the Subsequent Option monthly thereafter, so that the Subsequent Option will be fully vested and exercisable three (3) years from the Subsequent Grant Date, subject to Executive's continued service to the Company on the relevant vesting dates.


More Definitions of Subsequent Grant Date

Subsequent Grant Date means the date of grant of each Annual Option Award made pursuant to Paragraph 2(a)(i) of this Agreement in 2015, 2016 and 2017.
Sample 1Sample 2
Subsequent Grant Date means each anniversary of the Initial Grant Date.
Sample 1Sample 2
Subsequent Grant Date means the date of each annual meeting of the stockholders of the Company following the Initial Grant Date, provided that the Eligible Person served as a Director during the period between the Initial Grant Date and Subsequent Grant Date and between Subsequent Grant Dates, as the case may be.
Sample 1Sample 2

Related to Subsequent Grant Date

  • 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.

  • 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 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).

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

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • 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.

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

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA;

  • Vesting Event means the earliest to occur of the following events:

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Performance Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Anniversary Each anniversary of the Cut-off Date.

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Contract Award Date means the date of the Contract award notice, which may take the form of a purchase order, signed Contract or Notice of Award, issued by the Authority.

  • Date of Option Grant means __________________.