Initial Grant

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

Initial Grant. Means the initial equity award granted to an Eligible Director pursuant to Section 6(a) of the Plan.

Initial Grant. Means an Option granted to an Eligible Director who meets the specified criteria pursuant to Section 7(b)(i).

Initial Grant. Means an Option granted to a Non-Employee Director in accordance with subsection 6(a) of the Plan.

Initial Grant. Means an Option granted to an Eligible Director who meets the criteria pursuant to Section 7(c)(i).

Initial Grant. Shall have the meaning ascribed in Section 6(a)(i). 2 (s) "Fair Market Value" means, as of any date, the value of the Common Stock determined as follows: (i) If the Common Stock is listed on any established stock exchange or traded on the Nasdaq National Market or the Nasdaq SmallCap Market, the Fair Market Value of a share of Common Stock shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or... market (or the exchange or market with the greatest volume of trading in the Common Stock) on the last market trading day prior to the day of determination, as reported in The Wall Street Journal or such other source as the Board deems reliable. (ii) In the absence of such markets for the Common Stock, the Fair Market Value shall be determined in good faith by the Board. View More

Initial Grant. An Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 8(a)(i) or 8(a)(ii).

Initial Grant. An Option granted to a Non-Employee Director pursuant to Subsection 6(a) of the Plan.

Initial Grant. One or more Stock Awards granted to a Non-Employee Director who meets the specified criteria pursuant to subsection 6(a) of the Plan

Initial Grant. A Stock Award granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a) of the Plan