Effective Grant Date

Example Definitions of "Effective Grant Date"
Effective Grant Date. The term "Effective Grant Date" shall mean the date on which the Option is effectively granted (i.e., the date on which the condition precedent of the expiration of a Closed Period applicable to the Option, if any, is satisfied, which is the first day following any Closed Period). Such condition precedent shall be satisfied when the Board, Committee or other authorized corporate body shall determine that the grant of Options is no longer prevented because of the existence of a Closed Period. If... the Grant Date does not occur within a Closed Period, the "Effective Grant Date" shall be the same day as the "Grant Date." View More
Found in Seagate Technology contract
Effective Grant Date. The term "Effective Grant Date" shall Shall mean the date on which the a Qualified Option is effectively granted (i.e., the date on which the condition precedent of the expiration of a Closed Period applicable to the Qualified Option, if any, is satisfied, which is the first day following after any Closed Period). Such condition precedent shall be satisfied when the Board, Committee or other authorized corporate body shall determine that the grant granting of Qualified Options is no longer... prevented because under a Closed Period (i.e., the first date following the expiration of the existence Closed Period which would not be a prohibited Date of Grant pursuant to French Closed Periods or the next immediately succeeding trading day if such date is not a Closed Period. trading day provided such date is not prohibited under the Plan rules and U.S. securities rules). If the Grant Date does not occur within a Closed Period, the "Effective Grant Date" shall be the same day as the "Grant Date." Date" without any need for Board or Committee action. View More
Found in Wright Medical Group N.V. contract
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