Date of Option Grant definition

Date of Option Grant means __________________.
Date of Option Grant means .
Date of Option Grant means the effective date of grant of the Option as set forth in the Notice.

Examples of Date of Option Grant in a sentence

  • In addition, if the Notice designates this Option as an Incentive Stock Option, the Optionee shall (a) promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after the date the Optionee exercises all or part of the Option or within two (2) years after the Date of Option Grant and (b) provide the Company with a description of the circumstances of such disposition.

  • Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee's name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Option Grant.

  • Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Option Grant.

  • If the Option is an Incentive Stock Option, I agree that I will promptly notify the Chief Financial Officer of the Company if I transfer any of the Shares within one (1) year from the date I exercise all or part of the Option or within two (2) years of the Date of Option Grant.

  • If the underlying Shares do not increase in value after the Date of Option Grant, the Option will have little or no value.


More Definitions of Date of Option Grant

Date of Option Grant means the “Date of Grant” as set forth in the Notice of Grant.
Date of Option Grant means ____________, 199_.
Date of Option Grant means ________________________ , 199_.
Date of Option Grant means __________.
Date of Option Grant means %%OPTION_DATE,’Month DD, YYYY’%-%
Date of Option Grant means September 20, 2006.
Date of Option Grant. September 30, 1995 Name of Optionee: Nancx Xxxxx Xxtionee's Social Security Number: _____-____-_____ Number of Shares of Common Stock Covered by Option: 10,000 Exercise Price per Share: $0.001 Vesting Start Date: September 30, 1995 BY SIGNING THIS COVER SHEET, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS DESCRIBED IN THE ATTACHED AGREEMENT AND IN THE PLAN, A COPY OF WHICH IS ALSO ENCLOSED. Optionee:_______________________________________________________________________ (Signature) Company:________________________________________________________________________ (Signature) Title:__________________________________________________________________________ Attachment 2 ARMEDIA INC. 1996 STOCK OPTION PLAN NONSTATUTORY STOCK OPTION AGREEMENT FOR EMPLOYEES, DIRECTORS AND CONSULTANTS OF ARMEDIA INC. NONSTATUTORY STOCK OPTION This option is not intended to be an incentive stock option under section 422 of the Internal Revenue Code and will be interpreted accordingly. VESTING Your right to exercise this option vests monthly beginning on the Vesting Start Date, as shown on the cover sheet; provided, however, no portion of this option may be exercised prior to the expiration of one year from the Date of Grant, as shown on the cover sheet. The number of Shares which may be purchased under this option by you at the Purchase Price on or after the first anniversary of the Date of Grant shall be equal to the difference between (i) the product (rounded to the nearest integer) of the number of full months of your continuous employment with the Company (including all days of any approved leaves of absence) from the Vesting Starting Date times the number of Shares covered by this option times .02083333, minus (ii) the number of Shares purchased pursuant to this Option prior to such exercise. The resulting number of Shares will be rounded to the nearest whole number. No additional Shares will vest after your Company service has terminated for any reason. TERM Your option will expire in any event at the close of business at Company headquarters on the day before the 10th anniversary of the Date of Grant, as shown on the cover sheet. (It will expire earlier if your Company service terminates, as described below.) REGULAR TERMINATION If your service as an employee of the Company (or any subsidiary) terminates for any reason except death or Disability, then your option will expire at the close of business at Company headquarters on the 30th day after your termination date. Notwithst...