Initial Option Grant

Example Definitions of "Initial Option Grant"
Initial Option Grant. Shall mean the automatic award of options under the Plan as set forth in Section 6(h).
Initial Option Grant. Shall mean an Award of Options granted to an Outside Director who meets the specified criteria pursuant to Section 5(b) of the Plan.
Initial Option Grant. An Option granted to a Non-Employee Director who meets the criteria specified in subsection 6(a) of the Plan.
All Definitions