Effective Date Grant definition

Effective Date Grant means the grant of the equity awards under the MIP by the New Board upon adoption of the MIP immediately after the Effective Date, as described in the Restructuring Term Sheet.
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Effective Date Grant means the Options granted to selected covered Participants pursuant to Article 12. Each Effective Date Grant is intended to qualify as "performance-based compensation" under Code Section 162(m).
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Examples of Effective Date Grant in a sentence

  • This waiver does not apply to claims caused by a party’s willful misconduct.

  • The MIP, including the distribution of the Effective Date Grant, shall be adopted by the New Board immediately after the Effective Date, the terms of which shall be in form and substance set forth in the RSA and the Restructuring Term Sheet.

  • Each Outside Director shall automatically be granted an Option (an "Effective Date Grant") to purchase 3,000 shares upon the Effective Date.

  • Each Outside Director (other than any Outside Director who received an Effective Date Grant) shall be automatically granted an Option (an "Election Date Grant") to purchase 15,000 Shares upon the date on which such person first becomes a Director, whether through election by the shareholders of the Company or appointment by the Board of Directors to fill a vacancy.

  • Reference is made to the following stock option awards previously made to Executive under the Company's Stock Incentive Plan (including any successor, the "Stock Incentive Plan") which were outstanding as of the Effective Date: Grant Nos.

  • Options granted under this Section 4(b)(ii) shall become vested and thereby exercisable with respect to all shares of Optioned Stock on the twelve (12) month anniversary of such Effective Date Grant; provided, however, that an Option that is the subject of the Effective Date Grant shall only vest so long as the Outside Director remains a Director on the date such option vests.

  • An intelligent surveillance platform for large metropolitan areas with dense sensor deployment.

  • All New Common Equity issued on the Effective Date in connection with the Plan is subject to dilution as a result of the issuance of new equity securities after the consummation of the Restructuring Transactions, including on account of the MIP, including the Effective Date Grant, and any other equity issued by Reorganized PubCo and the Reorganized Partnership, as applicable.

  • The MIP, including the distribution of the Effective Date Grant, will be adopted by the New Board immediately after the Effective Date, the terms of which will be in form and substance set forth in the RSA and the Restructuring Term Sheet.

  • Subject to the terms and conditions hereof, the Company agrees to employ the Executive for a term commencing on August 1, 2002 (the "Effective Date") Grant Executive Employment Agreement 1 and continuing through August 1, 2004 (the "Employment Term"), unless otherwise set forth herein or renewed with the written agreement of both parties hereto before the expiration hereof.

Related to Effective Date Grant

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.

  • Effective Date has the meaning set forth in the preamble.

  • Effective date of participation means July 1, 1968, except with

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Restatement Effective Date means the date on which the conditions specified in Section 4.01 are satisfied (or waived in accordance with Section 9.02).

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • First Amendment Effective Date has the meaning assigned to such term in the First Amendment.

  • Amendment Effective Date has the meaning set forth in the Amendment Agreement.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Amendment and Restatement Effective Date means June 28, 2018, the date the amendments and restatements to the Plan of May 7, 2018 are subject to approval by the Company’s stockholders at the Company’s 2018 Annual Meeting.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.

  • Amendment No. 5 Effective Date has the meaning assigned to such term in Amendment No. 5.

  • Third Amendment Effective Date shall have the meaning provided in the Third Amendment.

  • Agreement Effective Date means the date on which the conditions set forth in Section 2 have been satisfied or waived by the appropriate Party or Parties in accordance with this Agreement.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Fifth Amendment Effective Date shall have the meaning provided in the Fifth Amendment.

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.