Grant Date Sample Clauses
The Grant Date clause defines the specific date on which rights, options, or benefits—such as stock options or restricted stock—are officially awarded to a recipient under an agreement. This date is crucial because it determines when vesting periods begin, when the recipient becomes eligible for certain rights, and may affect the valuation or tax treatment of the grant. By clearly establishing the effective date of the grant, this clause ensures clarity for both parties and helps prevent disputes regarding the timing and validity of the awarded rights.
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Grant Date. The Grant Date of the Option hereby granted is .
Grant Date. The Grant Date of this Award is the date on which this Award is approved by the Board of Directors of the Company or an appropriate committee of the Board of Directors.
Grant Date. The “Grant Date” of the RSUs hereby granted is [___].
Grant Date. Total Number of RSUs:
Grant Date. The grant date of the Restricted Stock Units (the “Grant Date”) is the date set forth on the Participant’s online award acceptance page at ▇▇▇.▇▇▇▇▇▇.▇▇▇, which is incorporated by reference herein.