Initial Grant Date definition

Initial Grant Date means the date that an Eligible Director is first appointed or elected to the Board.
Initial Grant Date means the date the Company’s registration statement relating to its initial public offering becomes effective, provided that the Board has adopted, and the stockholders approved, the Plan prior to or on such date.
Initial Grant Date means the date on which a person is first elected as a member of the Board.

Examples of Initial Grant Date in a sentence

  • The New Options shall vest over a four-year period as follows: one-fourth of all of the New Options (regardless of the date granted) will vest on the first anniversary of the Initial Grant Date; the remaining portion of the New Options shall vest in equal quarterly installments over the next twelve calendar quarters.


More Definitions of Initial Grant Date

Initial Grant Date means the date on which a person is first elected as a member of the Board, or the effective date of this Plan in the case of persons who were members of the Board prior to the adoption of this Plan.
Initial Grant Date means, with respect to any license, the date on which such license is granted by the FCC as set forth on the face of such license.
Initial Grant Date means with respect to each Eligible Director the date such Eligible Director is first elected as a member of the Board.
Initial Grant Date means (i) in the case persons who are or become Eligible Directors of the Company on the effective date of the Company's Registration Statement on Form SB-2 (the "Effective Date") to be filed with the Securities and Exchange Commission in connection with the Company's initial public offering, the Effective Date and (ii) in all other cases, the date on which a person is elected as a member of the Board.
Initial Grant Date means October 27, 2015.
Initial Grant Date means, with respect to any Initial Grant, the first Trading Day occurring on or after the date of the Initial Board Meeting; provided, however, that if such first Trading Day occurring on or after such Initial Board Meeting does not occur during a Window Period, then the Initial Grant Date shall be the first Trading Day of the next subsequent Window Period.
Initial Grant Date means the date following the Closing when LTIP Awards are granted under the LTIP.