Semiannual Grant Date definition

Semiannual Grant Date means each May 1 and November 1. If any of the dates falls on a Saturday, Sunday or legal holiday in the Commonwealth of Massachusetts, then that Exercise Period shall end on the day most closely succeeding such date which is not a Saturday, Sunday or legal holiday in the Commonwealth of Massachusetts.
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Semiannual Grant Date means each of July 3, 2000, January 1, 2001, July 2, 2001 and December 31, 2001.
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Semiannual Grant Date means each January 1 and July 1.
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Examples of Semiannual Grant Date in a sentence

  • A Participant may discontinue participation in the Plan for a particular Semiannual Grant Date, as provided in Section 16, but a Participant may not alter the amount of his or her election for that particular Grant Date.

  • All Bidders must execute the Nondisclosure Agreement before attending the pre-bid meeting.

  • A Participating Employee's Compensation means his or her regular annual rate of compensation as of the applicable Semiannual Grant Date.

  • Each Eligible Employee may, within fifteen (15) days prior to each Semiannual Grant Date (the "Election Date"), elect in writing to make semiannual contributions to the Plan of payroll deductions from one (1%) percent to five (5%) per cent of his or her Compensation, not to exceed Ten Thousand ($10,000) Dollars, pro-rata during the six month period commencing on each Semiannual Grant Date from each regularly scheduled paycheck in increments of one (1%) percent (i.e., 1%, 2%, 3%, etc.).

  • By written notice to the Human Resources Department of the Company, at any time prior to and up to five (5) business days before the applicable Exercise Date with regards to a particular Semiannual Grant Date, an employee may elect to withdraw all the accumulated payroll deductions in his Deposit Account without interest at such time, and no further payroll deductions will be made from the employee's pay for that Grant Date.

  • All Eligible Employees shall have the same rights and privileges under the Plan, except that the amount of Common Stock which may be purchased under Options granted on any Semiannual Grant Date, shall bear a uniform relationship to the compensation of Eligible Employees.

  • Each Participating Employee on a Semiannual Grant Date shall receive an Option even if he or she is then the holder of an unexpired and unexercised Option granted on an earlier Semiannual Grant Date.

  • The Semiannual Grant Date applicable to an Option granted pursuant to this paragraph (a) is the Grant Date of such Option.

  • An employee's withdrawal election for any Semiannual Grant Date will not have any effect upon the employee's eligibility to participate in any succeeding Semiannual Grant Date or in any similar plan which may hereafter be adopted by the Company.

  • The Semiannual Grant Date applicable to an Option granted pursuant to this paragraph (a) shall be the date of grant of such Option.


More Definitions of Semiannual Grant Date

Semiannual Grant Date means each of January 4, 1999, July 5, 1999, January 3, 2000 and July 3, 2000.
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Semiannual Grant Date means each of July 3, 2000, January 1, 2001, July 2, 2001, December 31, 2001, July 1, 2002 and December 30, 2002.
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Semiannual Grant Date means each January 1 and July 1, commencing with July 1, 1998.
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Semiannual Grant Date means each of July 3, 2000, January 1, 2001, July 2, 2001, December 31, 2001, July 1, 2002, December 30, 2002, June 30, 2003, December 29, 2003, June 28, 2004 and January 3, 2005.
Sample 1
Semiannual Grant Date means each of July 3, 2000, January 1, 2001, July 2, 2001, December 31, 2001, July 1, 2002, December 30, 2002, June 30, 2003, December 29, 2003, June 28, 2004, January 3, 2005, June 27, 2005, January 2, 2006, June 26, 2006 and January 1, 2007.
Sample 1

Related to Semiannual Grant Date

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

  • 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).

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

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

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

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

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Performance Date means December 31, 2025. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

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

  • 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.

  • Date of Option Grant means ____________, 199_.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • 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.

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • 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.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Date as defined in Section 2.12.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.