Original Grant Date definition

Original Grant Date means the date on which an Original Option was granted being the date that the Board resolved to grant such option, unless the Board resolved to ratify options to acquire Common Shares granted on an earlier date or to delay the grant of options to acquire Common Shares to a later date, in which case the Original Grant Date will be such earlier or later date;
Original Grant Date means the original date of grant under the Old Plan set out in the Options Record for options exercisable into shares in the capital of the Corporation granted to such Participant, such options having been disposed of in connection with the completion of the transactions contemplated in the Purchase Agreement in exchange for Options under this Plan.
Original Grant Date means, with respect to each grant of Predecessor Restricted Units listed in Section 1 of Exhibit B, the date set forth opposite such grant in the column titled “Predecessor Restricted Unit Grant Date.”

Examples of Original Grant Date in a sentence

  • No Options shall be exercisable after the tenth anniversary of the Original Grant Date.

  • This Option shall not be exercisable in any event after the expiration of ten years from the Original Grant Date.

  • The Option is restated pursuant to the authorization of the Compensation Committee of the Company’s Board of Directors on November 28, 2007 (the “Effective Date”) and may not be exercised later than the tenth anniversary of the Original Grant Date, subject to earlier termination as provided in the Plan.

  • Notwithstanding the foregoing provisions of this Section 3, in no event may the Option be exercised, in whole or in part, more than ten years following the Original Grant Date, or after the occurrence of an event referred to in Section 7 below that results in termination of the Option.

  • These Options expire ten years from the Original Grant Date (the “Expiration Date”), subject to the provisions of the NewCo Plan and this Agreement, which may provide for earlier expiration in certain instances, including Optionee’s termination of employment.

  • This option shall have a term of ten (10) years measured from the Original Grant Date and shall accordingly expire at the close of business on the Expiration Date, unless sooner terminated in accordance with Paragraph 5 or 6.

  • Any previously vested Tranche 1 Options shall remain vested, and any remaining unvested Tranche 1 Options shall continue to vest pursuant to the original vesting schedule which commenced as of the Original Grant Date.

  • This Option shall be immediately terminated and forfeited if the non-qualified option granted to the Optionee pursuant to the Option Award Agreement dated as of [Original Grant Date] (the “Eligible Options”) are not accepted for exchange in the tender offer made by the Company for the Eligible Options on or about the date hereof.

  • The vesting period of the Option Units (the “Vesting Period”) began on the Original Grant Date and continues until such Vesting Dates, and subject to such vesting conditions, as set forth above.

  • In any event, all the Options vest eight years from the Original Grant Date or upon the Optionee’s death, Disability or Involuntary Termination, unless the Options are terminated earlier in accordance with the provisions of the NewCo Plan or this Agreement.


More Definitions of Original Grant Date

Original Grant Date means, with respect to a USBTC Option, the “Grant Date” of such USBTC Option for purposes of, and as determined in accordance with, the USBTC Plan.
Original Grant Date means (A) with respect to 38,124 of the RSUs subject to the Award, August 16, 2018 and (B) with respect to 183,799 of the RSUs subject to the Award, June 5, 2019.
Original Grant Date means the date hereof.
Original Grant Date means the date on which an Original Award was granted under the General Plans.
Original Grant Date means the original date of grant (taking into account any deemed original date of grant under a Baxter award) applicable to the Baxalta Award for which the Substitute Award was exchanged.

Related to Original Grant Date

  • 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.

  • Initial Grant means an Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a).

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

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

  • Capital Grant means grant paid to the Academy Trust in respect of Capital Expenditure.