Future Grant definition
Examples of Future Grant in a sentence
The exercise price of each Future Grant shall be equal to the trailing thirty (30) day volume weighted average price of the Company’s Common Shares determined as of the respective Future Grant Date.
The Initial Grant and each Future Grant is subject to any Company clawback policy as may be adopted or amended from time to time.
Future Grant payments will not be authorized until it is shown that the advanced funds have been expended in accordance with the scope of work.
Upon preliminary approval by the Superintendent, the Association will be contacted and the parties will discuss the specifics of the request as it relates to hours/days of work, insurance, and other benefits, other circumstances impacting the position(s), etc., related to the Collective Bargaining Agreement.
Notwithstanding the foregoing, upon a Change in Control (as defined in the Participant’s Offer Letter of even date herewith), the options issued under the Initial Grant or any Future Grant that are then outstanding shall vest as provided in the Plan.
If Participant’s employment with the Company is terminated for Cause (as defined in the Participant’s Offer Letter of even date herewith), all of the Participant’s options issued under the Initial Grant or any Future Grant, whether vested or unvested, then outstanding shall be immediately forfeited and cancelled without payment.
Notwithstanding the foregoing, upon a Change in Control (as defined in the Participant’s Employment Agreement dated September 21, 2018), the options issued under the Initial Grant or any Future Grant that are then outstanding shall vest in the manner provided in the Plan.
Contract Subconsultants and Assemble Team: GMA Subconsultant Agreement - MBK Task 2 – Preliminary Engineering and Design: Draft Alternative Analysis Task 3 – Environmental Surveys and Compliance (CEQA): N/A Task 4 – Evaluate Current and Future Grant Funding Opportunities: CA DWR Prop 68 FMPRA – Concept Proposal Submittal Schedule impacts and/or delays are not anticipated at this time.
Such forfeiture shall apply (i) in the case of a Future Grant other than with respect to Carried Interest, to all of such Units or options, and (ii) in the case of a Future Grant with respect to Carried Interest, to a portion of such Carried Interest representing 50% of the current value of such Carried Interest.
Contract Subconsultants and Assemble Team: Executed Contracts Task 2 – Preliminary Engineering and Design: DWSE Table Task 3 – Environmental Surveys and Compliance (CEQA): N/A Task 4 – Evaluate Current and Future Grant Funding Opportunities: CA DWR Prop 68 FMPRA – Concept Proposal Schedule impacts and/or delays are not anticipated at this time.