The Foundation Grant Request Clause Samples

The Foundation Grant Request clause outlines the process by which an individual or organization formally applies for funding from a foundation. Typically, this clause specifies the required documentation, eligibility criteria, and submission procedures that applicants must follow to be considered for a grant. By establishing clear guidelines and expectations, the clause ensures that all requests are evaluated consistently and transparently, thereby streamlining the application process and reducing misunderstandings.
The Foundation Grant Request. The Foundation shall submit an annual written request according to the schedule below to the Donor for the Donor's consideration (the "Foundation Grant Request"). If the Donor approves the Foundation Grant Request, the Donor shall make a contribution up to the amount listed in the below schedule to the Foundation, and the Foundation shall accept such Contributed Amount on behalf of the University. Ifthe Donor does not approve the Foundation Grant Request, the Donor is under no obligation to contribute any funds to the Foundation or the University.
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The Foundation Grant Request. The Foundation shall submit au annual written request according to the schedule below to the Donor for the Donor's consideration (the "Foundation Grant Request"). Ifthe Donor approves the Foundation Grant Request, the Donor shall make a contribution up to the amount listed in the below schedule to the foundation, and the oundation shall accept such Contributed Amount on behalf ofthe University. If the Donor does not approve the Foundation Grant Request, the Donor Is under no obligation to contribute auy funds to the Foundation 'Or the University. If the Donor provides less than the amount requested in the Foundation ▇▇▇▇▇ Request, the Parties agree to work In good faith to delineate the Center Prograin(s) to be supported by the level of funding provided by the Donor, and if the Parties catmot agree then the Foundation and University can decline to accept s uch contribution.
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The Foundation Grant Request. The Foundation shall submit a bi-annual written request to the Donor for the Donor’s consideration (the “Foundation Grant Request”). If the Donor approves the Foundation Grant Request, the Donor shall make a contribution up to the amount requested to the Foundation, and the Foundation shall accept such Contributed Amount on behalf of the University. If the Donor does not approvethe Foundation Grant Request, the Donor is under no obligation to contribute any funds to the Foundation or the University.
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The Foundation Grant Request. The Foundation, through the U iversity or Institute Director, shall submit an annual written request according to the schedule below to the Do�nor for the Donor's consideration · Contributed Amount for the purposes set forth herein. Jfthe Donor does not app�ove the Foundation Grant Request, the Donor is under no obligation to contribute any funds to the Foundat on or the University. The Foundation is only obligated to suppo'.,r�t.'the Institute Programs to the extent it receives and holds Contributed
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Related to The Foundation Grant Request

  • NOTICE OF STOCK OPTION GRANT Name: Address:

  • Option Grant You have been granted a NON-STATUTORY STOCK OPTION (referred to in this Agreement as your "Option"). Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

  • Additional Terms Applicable to an Incentive Option In the event this option is designated an Incentive Option in the Grant Notice, the following terms and conditions shall also apply to the grant: (i) This option shall cease to qualify for favorable tax treatment as an Incentive Option if (and to the extent) this option is exercised for one or more Option Shares: (A) more than three (3) months after the date Optionee ceases to be an Employee for any reason other than death or Permanent Disability or (B) more than twelve (12) months after the date Optionee ceases to be an Employee by reason of Permanent Disability. (ii) No installment under this option shall qualify for favorable tax treatment as an Incentive Option if (and to the extent) the aggregate Fair Market Value (determined at the Grant Date) of the Common Stock for which such installment first becomes exercisable hereunder would, when added to the aggregate value (determined as of the respective date or dates of grant) of the Common Stock or other securities for which this option or any other Incentive Options granted to Optionee prior to the Grant Date (whether under the Plan or any other option plan of the Corporation or any Parent or Subsidiary) first become exercisable during the same calendar year, exceed One Hundred Thousand Dollars ($100,000) in the aggregate. Should such One Hundred Thousand Dollar ($100,000) limitation be exceeded in any calendar year, this option shall nevertheless become exercisable for the excess shares in such calendar year as a Non-Statutory Option. (iii) Should the exercisability of this option be accelerated upon a Change in Control, then this option shall qualify for favorable tax treatment as an Incentive Option only to the extent the aggregate Fair Market Value (determined at the Grant Date) of the Common Stock for which this option first becomes exercisable in the calendar year in which the Change in Control occurs does not, when added to the aggregate value (determined as of the respective date or dates of grant) of the Common Stock or other securities for which this option or one or more other Incentive Options granted to Optionee prior to the Grant Date (whether under the Plan or any other option plan of the Corporation or any Parent or Subsidiary) first become exercisable during the same calendar year, exceed One Hundred Thousand Dollars ($100,000) in the aggregate. Should the applicable One Hundred Thousand Dollar ($100,000) limitation be exceeded in the calendar year of such Change in Control, the option may nevertheless be exercised for the excess shares in such calendar year as a Non-Statutory Option. (iv) Should Optionee hold, in addition to this option, one or more other options to purchase Common Stock which become exercisable for the first time in the same calendar year as this option, then the foregoing limitations on the exercisability of such options as Incentive Options shall be applied on the basis of the order in which such options are granted.

  • Amendment of this Award Agreement The Committee may waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate this Award Agreement prospectively or retroactively; provided, however, that any such waiver, amendment, alteration, suspension, discontinuance, cancelation or termination that would materially and adversely impair your rights under this Award Agreement shall not to that extent be effective without your consent (it being understood, notwithstanding the foregoing proviso, that this Award Agreement and the Restricted Shares shall be subject to the provisions of Section 7(c) of the Plan).

  • Grant Agreement) This represents the status at the time of signature of this Consortium Agreement.