Grant Date definition

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.
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Grant Date of an Award means the first date on which all necessary corporate action has been taken to approve the grant of the Award as provided in the Plan, or such later date as is determined and specified as part of that authorization process. Notice of the grant shall be provided to the grantee within a reasonable time after the Grant Date.
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Grant Date means, as determined by the Board, the latest to occur of (i) the date as of which the Board approves an Award, (ii) the date on which the recipient of an Award first becomes eligible to receive an Award under Section 6 hereof, or (iii) such other date as may be specified by the Board.
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Examples of Grant Date in a sentence

  • Subject to the other terms and conditions of this Agreement, the Time-Based Options shall vest and become exercisable in five equal installments on each of the first five anniversaries of the Vesting Commencement Date, subject to the Employee’s continuous employment with the Company or a Subsidiary from the Grant Date to each applicable vesting date.

  • The Company hereby evidences and confirms the grant to the Employee, effective as of the Grant Date, of options to purchase from the Company [__________] shares of Common Stock, which shall become exercisable, if at all, as provided in Section 2(a) (the “Options”).

  • The Options shall have an option price of $1,177.26 per share (the “Option Price”), which is not less than the Fair Market Value per share of the Common Stock on the Grant Date.

  • The Company hereby grants to the Participant, as of the Grant Date specified above, the number of RSUs specified above.

  • Under Code section 409A, an Option that was granted with a per Share exercise price that is determined by the Internal Revenue Service (the “IRS”) to be less than the Fair Market Value of a Share on the Grant Date (a “discount option”) may be considered deferred compensation.


More Definitions of Grant Date

Grant Date means the date on which the Plan Administrator completes the corporate action relating to the grant of an Award and all conditions precedent to the grant have been satisfied, provided that conditions to the exercisability or vesting of Awards shall not defer the Grant Date.
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Grant Date means the date an Award is granted to a Participant pursuant to the Plan.
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Grant Date means the date specified in an Option Agreement as the date on which an Option is granted.
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Grant Date means the date that the Committee designates in its approval of an Award in accordance with applicable law as the date on which the Award is granted, which date may not precede the date of such Committee approval.
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Grant Date means the later of (a) the date on which the Committee completes the corporate action authorizing the grant of an Award or such later date specified by the Committee and (b) the date on which all conditions precedent to an Award have been satisfied, provided that conditions to the exercisability or vesting of Awards shall not defer the Grant Date.
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Grant Date means the date the Administrator approves the grant of an Award. However, if the Administrator specifies that an Award’s Grant Date is a future date or the date on which a condition is satisfied, the Grant Date for such Award is that future date or the date that the condition is satisfied.
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Grant Date means the date on which the Committee approves the grant of an Award under the Plan, or such later date as may be specified by the Committee on the date the Committee approves the Award.
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