Grant Clause Example with 4 Variations from Business Contracts

This page contains Grant clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Grant. The Talent, Culture, and Compensation Committee ("Committee") of the Board of Directors of GE HealthCare Technologies Inc. ("Company") has granted the above number of Restricted Stock Units ("RSUs") to the individual named in this Grant Agreement ("Grantee"), subject to the terms of this Grant Agreement. Without limiting any condition of this RSU award, the award is subject to cancellation and forfeiture if the Grantee does not confirm acceptance within 45 days of the Grant Date. Once vested, ea...ch RSU entitles the Grantee to receive from the Company (i) one share of Common Stock and (ii) a cash payment in respect of Dividend Equivalents (described below), each in accordance with the terms of this Grant Agreement, the Plan, and any rules, procedures and sub-plans (including country addenda) adopted by the Committee. View More
Found in GE Healthcare Holding LLC contract

Variations of a "Grant" Clause from Business Contracts

Grant. The Talent, Culture, Management Development and Compensation Committee ("Committee") of the Board of Directors of GE HealthCare Technologies Inc. General Electric Company ("Company") has granted an Option to purchase the above number of Restricted Stock Units ("RSUs") Shares to the individual named in this Grant Agreement ("Grantee"), ("Grantee") subject to the terms of this Grant Agreement. Without limiting any condition of this RSU Option award, the award is subject to cancellation and forfeit...ure if the Grantee does not confirm acceptance within 45 days of the Grant Date. Once vested, each RSU the Option entitles the Grantee to receive purchase from the Company (i) one share the vested number of Common Stock and (ii) a cash payment in respect Shares of Dividend Equivalents (described below), Company common stock, par value $0.01 per Share, each at the Option Exercise Price provided above, in accordance with the terms of this Grant Agreement, the GE 2007 Long-Term Incentive Plan, as amended and restated ("Plan"), and any rules, procedures and sub-plans (including country addenda) adopted by the Committee. View More
Found in GE contract
Grant. The Talent, Culture, and Compensation Committee ("Committee") of the Board of Directors of GE HealthCare Technologies Inc. ("Company") has granted an option to purchase the above number of Restricted shares of Common Stock Units ("RSUs") to the individual named in this Grant Agreement ("Grantee"), ("Grantee") subject to the terms of this Grant Agreement. Agreement ("Option"). Without limiting any condition of this RSU Option award, the award is subject to cancellation and forfeiture if the Grant...ee does not confirm acceptance within 45 days of the Grant Date. Once vested, each RSU the Option entitles the Grantee to receive purchase from the Company (i) one share the vested number of shares of Common Stock and (ii) a cash payment in respect of Dividend Equivalents (described below), Stock, each at the Option Exercise Price provided above, in accordance with the terms of this Grant Agreement, the Plan, and any rules, procedures and sub-plans (including country addenda) adopted by the Committee. View More
Found in GE Healthcare Holding LLC contract
Grant. The Talent, Culture, Management Development and Compensation Committee ("Committee") of the Board of Directors of GE HealthCare Technologies Inc. General Electric Company ("Company") has granted the above number of Restricted Stock Units ("RSUs") to the individual named in this Grant Agreement ("Grantee"), subject to the terms of this Grant Agreement. Without limiting any condition of this RSU award, the award is subject to cancellation and forfeiture if the Grantee does not confirm acceptance w...ithin 45 days of the Grant Date. Once vested, each RSU entitles the Grantee to receive from the Company (i) one Share of Company common stock, par value $0.06 per share of Common Stock and (ii) a cash payment in respect of Dividend Equivalents (described below), each in accordance with the terms of this Grant Agreement, the Plan, GE 2007 Long-Term Incentive Plan as amended and restated April 26, 2017 and as further amended and restated February 15, 2019 ("Plan"), and any rules, procedures and sub-plans (including country addenda) adopted by the Committee. View More
Found in GE contract
Grant. The Talent, Culture, Management Development and Compensation Committee ("Committee") of the Board of Directors of GE HealthCare Technologies Inc. General Electric Company ("Company") has granted the above number of Restricted Stock Units ("RSUs") to the individual named in this Grant Agreement ("Grantee"), subject to the terms of this Grant Agreement. Without limiting any condition of this RSU award, the award is subject to cancellation and forfeiture if the Grantee does not confirm acceptance w...ithin 45 days of the Grant Date. Once vested, each RSU entitles the Grantee to receive from the Company (i) one share Share of Common Stock Company common stock, par value $0.01 per Share and (ii) a cash payment in respect of Dividend Equivalents (described below), each in accordance with the terms of this Grant Agreement, the GE 2007 Long-Term Incentive Plan, as amended and restated ("Plan"), and any rules, procedures and sub-plans (including country addenda) adopted by the Committee. View More
Found in GE contract