Time of Granting Awards Clause Example from Business Contracts

This example Time of Granting Awards clause appears in 4 contracts from 1 company

Time of Granting Awards. The date of grant of an Award shall, for all purposes, be the date on which the Administrator makes the determination granting such Award. Notice of the determination shall be given to each Employee or Consultant to whom an Award is so granted within a reasonable time after the date of such grant.