Option Vesting Period definition

Option Vesting Period means the period beginning on the Grant Date and ending on the earliest to occur of the following dates:
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Examples of Option Vesting Period in a sentence

  • To alter or modify the Option Vesting Period and/or SAR Vesting Period and/or the Option Exercise Period and/or the SAR Exercise Period.

  • The new options will have vesting schedules that depend on the date of expiration of the old options as shown below: If the Old Option was to Expire: New Option Vesting Period: • • • • Each new option will maintain the current expiration date of the old option, subject to the earlier expiration of the new option by its terms, such as upon termination of active employment.

  • The Option with respect -------------------------------------- to the B Option Shares shall vest in equal monthly installments over an eighteen (18) month period (the "B Option Vesting Period") on the last calendar day of each month commencing with the seventh (7th) month following the date of this Agreement.

  • To the extent such Exit Options do not vest during the Exit Option Vesting Period, they will be forfeited immediately following such period and you will not be able to exercise these Options.

  • Except as otherwise set forth in this Agreement, the Option shall become Vested upon the third (3rd) annual anniversary of the Date of Grant, provided, however, that the vesting of the Option shall be subject to the continuous employment of Grantee until the third (3rd) annual anniversary of the Date of Grant (the "Option Vesting Period"), and provided further that the Option shall expire and shall no longer be exercisable following ten (10) years from the Date of Grant (the "Expiration Date").

  • The EIX Options will vest to the extent necessary to cause the aggregate number of shares subject to vested EIX Options (including any shares acquired pursuant to previously exercised EIX Options) to equal the product of 1/48th of the number of shares granted multiplied by the number of full months of service the Holder has completed during the Option Vesting Period.

  • He is a steadfast team player who is very conscientious and supportive of the needs of his department.

  • Such proration shall be based on the number of months in the Option Vesting Period through the month of Grantee's death in relation to the total number of months in the Option Vesting Period.

  • Except as otherwise provided herein, each Option Agreement will specify the period or periods of time within which each Option or portion thereof will first become exercisable (the "Option Vesting Period").

  • Each Option Agreement will specify the period or periods of time within which each Option or portion thereof will first become exercisable (the "Option Vesting Period").

Related to Option Vesting Period

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Grant Period means the period between Effective Date and Expiration Date of the Grant Award Agreement during which time expenditure of all grant funds and all contributions to match must be made.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • 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.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.

  • Date of Grant means the date on which the granting of an Award is authorized, or such other date as may be specified in such authorization.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Date of Option Grant means ____________, 199_.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Retention Period has the meaning set forth in Section 6.02.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Date of Award means the date this Contract is fully executed.

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Vesting Event means the earliest to occur of the following events: