Original Grant Sample Clauses

Original Grant. Grantee and UGC previously entered into a Stock Appreciation Rights Agreement dated as of December 19, 2003 (“Agreement”) pursuant to which Grantee received an award of stock appreciation rights with respect to Class A common stock of UGC (individually, a “Capped SAR” and collectively, the “Capped SARs”) in substitution for an award granted by UGC Europe, Inc. with an original grant date of October 7, 2003. The Agreement provides that the amount payable upon exercise of a Capped SAR equals the amount, if any, by which the lesser of (i) the Fair Market Value of a share of UGC Class A common stock or (ii) a fixed amount (the “Ceiling Price”) exceeds the Base Price per Capped SAR. Capitalized terms used and not otherwise defined herein have the meaning ascribed to them in the Agreement.
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Original Grant. Prior to the June 7, 2004 spin-off of Liberty Media International, Inc. (“LMI”) from Liberty Media Corporation (the “Spin-Off”), the Compensation Committee of the Board of Directors of LMI (the “Committee”) approved the grant to Grantee, as his primary form of compensation as Chairman of the Board and Chief Executive Officer of LMI, of options to purchase a number of shares of LMI’s Series B common stock (“LMI Series B Stock”) that would represent 1% of the shares of LMI’s common stock outstanding following the Spin-Off (assuming exercise in full of such option) at an exercise price equal to 110% of the fair market value of LMI’s Series A common stock. At a meeting of the Committee held on June 22, 2004 to approve the definitive terms of the option grant, the number of shares subject to the option (the “LMI Option”) was set at 1,474,448 and the exercise price was set at 110% of the last sale price of LMI’s Series A common stock on the date of the meeting based on the Committee’s good faith determination at that time that this price was a reasonable reflection of the fair market value of the LMI Series B Stock following the Spin-Off . The number of shares purchasable upon exercise of the LMI Option and the exercise price per share were subsequently adjusted for LMI’s July 2004 rights offering. The LMI Option was granted pursuant to the Liberty Media International, Inc. 2004 Incentive Plan, which as amended and restated is now known as the Liberty Global, Inc. 2005 Incentive Plan (the “LGI Incentive Plan”), and is evidenced by the Non-Qualified Stock Option Agreement, made as of June 7, 2004, between LMI and Grantee (the “Agreement”).
Sample 1
Original Grant. Chairman was granted a non-qualified -------------- option to purchase 50,000 shares of the Company's Common Stock under the Company's 1996 Amended and Restated Stock Option Plan (the "1996 Plan"), at --------- an exercise price equal to the fair market value on the date of grant The shares subject to this option vested and became exercisable as follows: 16,666.66 shares vested on the last day of each of the months of April, May and June, 1999.
Sample 1
Original Grant. Advisor was granted a non-qualified -------------- option to purchase 50,000 shares of the Company's Common Stock under, and pursuant to the terms of, the Company's 1996 Amended and Restated Stock Option Plan, including without limitation Section 11 thereof, at an exercise price equal to the fair market value on the date of grant. The shares subject to this option vested and became exercisable as follows: 16,666.66 shares vested on the last day of each of the months of April, May and June, 1999.
Sample 1
Original Grant. On June 1, 1994, Saban Entertainment granted to Employee an option to (the "Option") purchase 16.327 shares (the "Option Shares") of Saban Entertainment's common stock at a purchase price of $122,496.48 per share. On August 1, 1997, in connection with the reorganization of Fox Family Worldwide, Saban Entertainment became a wholly owned subsidiary of Fox Family Worldwide and Employee's option to purchase 16.327 shares of Saban Entertainment at $122,496.48 per share became an option to purchase 161,637 shares of Fox Family Worldwide, Inc.'s Class A Common Stock at $12.37 per share. Upon receipt by Employee of the First Advance (defined below) on May 20, 1998, Employee's option exercise price, under certain circumstances, is increased to $24.74 per share. Upon receipt by Employee of the Second Advance (defined below) on the date of execution of this Agreement, Employee's option exercise price, under certain circumstances, will be increased to $34.03 per share. Upon exercise of the Option, Employee shall own approximately 1% of the total outstanding shares of Fox Family Worldwide.
Sample 1

Related to Original Grant

  • Initial Grant Following the execution of this Agreement, the Executive shall be granted 500,000 options to acquire common shares in the capital of the Parent, with the price and terms of such options to be established by the Board of Directors of the Parent in accordance with the Parent's stock option plan.

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • Grant Date The Grant Date of the Option hereby granted is .

  • Date of Grant The date that the Option is granted (the “Date of Grant”) is set forth above.

  • Effective Date of Exercise This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the Shares issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Holder is deemed to have exercised this Warrant.

  • Termination of Option and Accelerated Vesting This Option will terminate upon the expiration date, except as set forth in the following provisions:

  • Initial Equity Grant No later than 45 days following the Commencement Date, the Company shall take such actions as shall be necessary to grant you the right to purchase (the “Stock Purchase Right”) the number of shares of the Company’s common stock (the “Common Stock”) equal to six percent (6%) of the Company’s outstanding capital stock as of the Commencement Date, calculated based on the Fully Diluted Capitalization of the Company (as defined in the next sentence) at a per-share purchase price equal to the per-share fair market value of the underlying shares on the date of grant, as determined reasonably by the Board in good faith. For the purposes of this Agreement, “Fully Diluted Capitalization” includes all outstanding shares of capital stock plus all shares subject to issuance under outstanding options or warrants plus all shares of capital stock reserved for future issuance under the Company’s 2007 Stock Incentive Plan (the “Plan”) that are not subject to outstanding options or other equity awards plus, to the extent not already included in the foregoing, all shares purchased by you, or subject to your right to purchase, pursuant to this Section 3(d) and Section 3(f). The Stock Purchase Right will be granted under the Plan. Any shares of Common Stock purchased upon exercise of the Stock Purchase Right (the “Restricted Stock”) shall be subject to a right of repurchase in favor of the Company at the original purchase price thereof (the “Right of Repurchase”). The Restricted Stock shall vest, and the Right of Repurchase lapse, with respect to thirty-three and one-third percent (33 1/3%) of the total shares of Restricted Stock on the first anniversary of the Commencement Date and with respect to 1/36th of such shares of Restricted Stock on each monthly anniversary of the Commencement Date thereafter so that the Restricted Stock shall be fully vested and the Right of Repurchase fully lapsed on the third anniversary of the Commencement Date, in each case, subject to your continued service to the Company hereunder except as otherwise provided herein. You will be permitted to purchase the shares of Restricted Stock using a full recourse promissory note, equal to the value of the entire purchase, in a form attached hereto as Exhibit A, to the Company bearing an interest rate equal to the Applicable Federal Rate. The Restricted Stock shall be subject to the terms of the Plan and a restricted stock purchase agreement (the “Restricted Stock Purchase Agreement”) in the form attached hereto as Exhibit B to be entered into between you and the Company.

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • Confirmation of Grant of Option Pursuant to a determination by the Board of Directors of the Company made as of April 19, 2001 (the "Date of Grant"), the Company hereby confirms that the Director has been granted effective April 19, 2001, as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation for services to be rendered by the Director, the right to purchase (the "Option") 20,761 shares of Common Stock, $.01 par value, of the Company (the "Shares"), subject to adjustment as provided in Section 7 hereof.

  • Effective Date and Effective Time The closing of the --------------------------------- transactions contemplated hereby ("Closing") shall take place at the offices of Xxxxxxx, Xxxxxx & Xxxxxxxx, 0000 Xxxxxxxxx Xxx. X.X., Xxxxxxxxxx, X.X. 00000, unless another place is agreed to by RCFC and Bayonne, on a date ("Closing Date") that is no later than 14 days following the date on which the expiration of the last applicable waiting period in connection with notices to and approvals of governmental authorities shall occur and all conditions to the consummation of this Agreement are satisfied or waived, or on such other date as may be agreed to by the parties. Prior to the Closing Date, RCFC and Bayonne shall execute a Certificate of Merger in accordance with all appropriate legal requirements, which shall be filed as required by law on the Closing Date, and the Merger provided for therein shall become effective upon such filing or on such date as may be specified in such Certificate of Merger. The date of such filing or such later effective date as specified in the Certificate of Merger is herein referred to as the "Effective Date." The "Effective Time" of the Merger shall be as set forth in the Certificate of Merger.

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