Exercise Date definition: Copy, customize, and use instantly
Introduction
The term "Exercise Date" refers to the specific date on which a party exercises a right or option under a contract, such as an option to purchase, sell, or convert securities. It is crucial to define "Exercise Date" clearly in contracts to ensure proper timing, compliance, and execution of the contractual terms.
Below are various examples of how "Exercise Date" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Exercise Date" as for stock options
This definition ties "Exercise Date" to the date stock options are exercised.
"Exercise Date" means the date on which the holder of a stock option delivers a valid notice of exercise to the company, along with any required payment, in accordance with the terms of the option agreement.
Definition of "Exercise Date" as for purchase options
This definition connects "Exercise Date" to the execution of a purchase option.
"Exercise Date" refers to the date on which the holder of a purchase option formally notifies the grantor of their intent to exercise the option, subject to the terms of the agreement.
Definition of "Exercise Date" as for warrants
This definition links "Exercise Date" to the use of warrants.
"Exercise Date" means the date on which the holder of a warrant submits the required notice and payment to exercise their right to purchase the underlying securities.
Definition of "Exercise Date" as for convertible securities
This definition applies "Exercise Date" to conversion rights.
"Exercise Date" refers to the date on which a holder of convertible securities delivers a notice to the issuer to convert the securities into the underlying shares or other instruments, in accordance with the agreement terms.
Definition of "Exercise Date" as for early exercise options
This definition ties "Exercise Date" to early exercise provisions.
"Exercise Date" means the date on which an option holder exercises their rights before the scheduled vesting date, as permitted under the agreement, provided all conditions for early exercise are met.
Definition of "Exercise Date" as for employee stock purchase plans
This definition ties "Exercise Date" to employee stock purchase programs.
"Exercise Date" means the date specified under the employee stock purchase plan on which eligible employees may exercise their right to purchase company shares at the predetermined price.
Definition of "Exercise Date" as for call options
This definition connects "Exercise Date" to call option agreements.
"Exercise Date" refers to the date on which the holder of a call option notifies the issuer of their intent to exercise the option and provides any required consideration, in accordance with the option agreement.
Definition of "Exercise Date" as for put options
This definition links "Exercise Date" to put options.
"Exercise Date" means the date on which the holder of a put option submits the required notice to the issuer to exercise their right to sell the underlying securities, as set forth in the option agreement.
Definition of "Exercise Date" as for lease agreements
This definition applies "Exercise Date" to options in lease agreements.
"Exercise Date" refers to the date on which the lessee notifies the lessor of their decision to exercise an option, such as a renewal or purchase option, as specified in the lease agreement.
Definition of "Exercise Date" as for rights issues
This definition ties "Exercise Date" to rights to purchase additional shares.
"Exercise Date" means the date by which a shareholder must exercise their rights to purchase additional shares under a rights issue, as defined in the offering terms.
Definition of "Exercise Date" as for subscription agreements
This definition connects "Exercise Date" to subscription-based rights.
"Exercise Date" refers to the date on which a party entitled to subscription rights provides notice and payment to exercise their rights, in compliance with the subscription agreement.
Definition of "Exercise Date" as for real estate purchase options
This definition links "Exercise Date" to real estate options.
"Exercise Date" means the date on which the buyer notifies the seller of their decision to exercise the purchase option for real estate, in accordance with the terms of the option agreement.
Definition of "Exercise Date" as for phantom stock plans
This definition applies "Exercise Date" to phantom stock agreements.
"Exercise Date" refers to the date on which a participant in a phantom stock plan elects to exercise their rights, as specified in the plan documents.
Definition of "Exercise Date" as for settlement options
This definition ties "Exercise Date" to options for settling financial instruments.
"Exercise Date" means the date on which the holder of a settlement option notifies the counterparty of their decision to exercise, triggering the settlement process under the agreement.
Definition of "Exercise Date" as for escrow agreements
This definition connects "Exercise Date" to conditions under escrow arrangements.
"Exercise Date" refers to the date on which the party eligible to exercise rights under an escrow agreement submits the required notice and fulfills any conditions for release or transfer of escrowed assets.
Definition of "Exercise Date" as for profit-sharing plans
This definition links "Exercise Date" to distributions under profit-sharing arrangements.
"Exercise Date" means the date on which a participant in a profit-sharing plan exercises their right to receive distributions, subject to the terms and conditions of the plan.
Definition of "Exercise Date" as for vested stock options
This definition applies "Exercise Date" to options that have vested.
"Exercise Date" refers to the date on which the holder of vested stock options formally exercises their rights by providing notice and payment, as outlined in the stock option plan.
Definition of "Exercise Date" as for incentive stock options
This definition ties "Exercise Date" to tax-advantaged incentive options.
"Exercise Date" means the date on which a participant exercises their incentive stock options (ISOs) by delivering notice and payment to the company, subject to compliance with applicable tax regulations.
Definition of "Exercise Date" as for joint venture agreements
This definition connects "Exercise Date" to options within joint ventures.
"Exercise Date" refers to the date on which a joint venture partner exercises an option to acquire or dispose of an interest in the joint venture, as defined in the joint venture agreement.
Definition of "Exercise Date" as for partnership buyout options
This definition links "Exercise Date" to partnership buyout rights.
"Exercise Date" means the date on which a partner exercises their right to buy out another partner’s interest in the partnership, in accordance with the partnership agreement.
Definition of "Exercise Date" as for dividend reinvestment plans
This definition applies "Exercise Date" to plans allowing dividend reinvestment.
"Exercise Date" refers to the date on which a shareholder elects to reinvest dividends into additional shares, as provided under the terms of the dividend reinvestment plan.
Definition of "Exercise Date" as for profit interest units
This definition ties "Exercise Date" to profit interest in LLCs.
"Exercise Date" means the date on which a holder of profit interest units in a limited liability company exercises their rights to convert such units into equity, subject to the LLC’s operating agreement.
Definition of "Exercise Date" as for currency options
This definition connects "Exercise Date" to forex derivatives.
"Exercise Date" refers to the date on which the holder of a currency option exercises their right to buy or sell a specific currency at the agreed-upon strike price, as defined in the option contract.
Definition of "Exercise Date" as for performance stock units
This definition links "Exercise Date" to performance-based equity awards.
"Exercise Date" means the date on which a participant exercises their right to convert performance stock units into actual shares, as provided under the award agreement.
Definition of "Exercise Date" as for settlement of derivatives
This definition ties "Exercise Date" to the execution of derivative contracts.
"Exercise Date" means the date on which a derivative contract, such as a swap or forward, is exercised by one or both parties, triggering the settlement process as per the agreement.
Definition of "Exercise Date" as for rollover options
This definition connects "Exercise Date" to options involving contract extensions.
"Exercise Date" refers to the date on which the holder of a rollover option elects to extend or renew the terms of an agreement or contract, subject to the applicable provisions.
Definition of "Exercise Date" as for merger or acquisition rights
This definition links "Exercise Date" to options tied to corporate transactions.
"Exercise Date" means the date on which a party exercises its right to initiate or finalize a merger, acquisition, or similar corporate transaction, as outlined in the governing agreement.
Definition of "Exercise Date" as for deferred compensation plans
This definition applies "Exercise Date" to deferred compensation distributions.
"Exercise Date" refers to the date on which a participant elects to receive distributions or payments under a deferred compensation plan, in accordance with the plan’s terms.
Definition of "Exercise Date" as for restricted stock units (RSUs)
This definition ties "Exercise Date" to the conversion of RSUs.
"Exercise Date" means the date on which a participant exercises their right to convert restricted stock units into company shares, as specified in the grant agreement.
Definition of "Exercise Date" as for supplier purchase agreements
This definition connects "Exercise Date" to supplier contract terms.
"Exercise Date" refers to the date on which a buyer exercises their option to place an order or make a purchase under a supplier purchase agreement, in compliance with the agreed conditions.
Definition of "Exercise Date" as for insurance policy options
This definition links "Exercise Date" to optional features in insurance policies.
"Exercise Date" means the date on which the policyholder exercises an option within an insurance policy, such as the right to extend coverage, convert the policy, or add a rider.
Definition of "Exercise Date" as for franchise agreements
This definition applies "Exercise Date" to options under franchise contracts.
"Exercise Date" refers to the date on which a franchisor or franchisee exercises their contractual rights, such as renewing or terminating the franchise agreement, as set forth in the terms.
Definition of "Exercise Date" as for employee retirement plans
This definition ties "Exercise Date" to retirement plan elections.
"Exercise Date" means the date on which an employee elects to withdraw, transfer, or allocate funds within a retirement plan, subject to the plan’s rules and regulations.
Definition of "Exercise Date" as for option contracts in trading platforms
This definition connects "Exercise Date" to options executed through trading platforms.
"Exercise Date" refers to the specific date on which an option is exercised through an electronic trading platform, in accordance with the platform's policies and contract terms.
Definition of "Exercise Date" as for multi-stage investment agreements
This definition links "Exercise Date" to funding rounds in investment deals.
"Exercise Date" means the date on which an investor exercises their right to participate in a subsequent funding round, as specified in the investment agreement.
Definition of "Exercise Date" as for renewable energy project agreements
This definition applies "Exercise Date" to options tied to energy projects.
"Exercise Date" refers to the date on which a party exercises an option related to renewable energy projects, such as purchasing additional power or extending the term of a power purchase agreement.
Definition of "Exercise Date" as for transportation or logistics contracts
This definition ties "Exercise Date" to logistics-related options.
"Exercise Date" means the date on which a party exercises its option to renew, amend, or terminate a logistics or transportation agreement, subject to the contractual terms.
Definition of "Exercise Date" as for preemptive rights
This definition connects "Exercise Date" to shareholders' preemptive rights.
"Exercise Date" refers to the date on which a shareholder exercises their preemptive right to purchase additional shares to maintain their ownership percentage, as outlined in the company’s bylaws or shareholder agreement.
Definition of "Exercise Date" as for trade finance agreements
This definition links "Exercise Date" to trade finance-related options.
"Exercise Date" means the date on which a party exercises a right under a trade finance agreement, such as extending payment terms or drawing on a letter of credit.
Definition of "Exercise Date" as for co-sale agreements
This definition applies "Exercise Date" to options under co-sale rights.
"Exercise Date" refers to the date on which a co-sale right is exercised by an investor, allowing them to sell their shares alongside another shareholder, as defined in the co-sale agreement.
Definition of "Exercise Date" as for exclusivity clauses
This definition ties "Exercise Date" to exercising exclusivity rights.
"Exercise Date" means the date on which a party exercises its exclusivity rights under a contractual clause, thereby restricting others from similar engagements during the exclusivity period.
Definition of "Exercise Date" as for cross-border transactions
This definition connects "Exercise Date" to international agreements.
"Exercise Date" refers to the date on which a party exercises a right or option under a cross-border agreement, such as the right to repatriate profits or execute a trade, as defined by the terms of the agreement.
Definition of "Exercise Date" as for employee profit-sharing options
This definition links "Exercise Date" to profit-sharing mechanisms.
"Exercise Date" means the date on which an employee exercises their option to claim or allocate profit-sharing benefits, subject to the rules of the plan.
Definition of "Exercise Date" as for equity clawback rights
This definition ties "Exercise Date" to clawback provisions.
"Exercise Date" means the date on which a party exercises their right to claw back equity or shares pursuant to the terms of a clawback provision in the agreement.
Definition of "Exercise Date" as for non-compete agreements
This definition connects "Exercise Date" to triggering options in non-compete clauses.
"Exercise Date" refers to the date on which a party exercises their rights or options under a non-compete agreement, such as extending the term of the restriction or enforcing its terms.
Definition of "Exercise Date" as for escrow release triggers
This definition links "Exercise Date" to conditions under escrow release.
"Exercise Date" means the date on which escrowed funds, shares, or assets are released upon the exercise of a specified condition or right under the escrow agreement.
Definition of "Exercise Date" as for liquidation preference rights
This definition applies "Exercise Date" to liquidation rights in shareholder agreements.
"Exercise Date" refers to the date on which a shareholder exercises their liquidation preference rights in the event of a sale, merger, or dissolution, as defined in the agreement.
Definition of "Exercise Date" as for revenue-sharing agreements
This definition ties "Exercise Date" to revenue distribution options.
"Exercise Date" means the date on which a party elects to exercise its right to receive or adjust its share of revenue under a revenue-sharing agreement, in accordance with the terms.
Definition of "Exercise Date" as for accelerated vesting rights
This definition connects "Exercise Date" to options for accelerating vesting.
"Exercise Date" refers to the date on which an option holder elects to accelerate the vesting of their options or shares, as permitted under the governing plan or agreement.
Definition of "Exercise Date" as for breakup fee clauses
This definition links "Exercise Date" to termination fees in contracts.
"Exercise Date" means the date on which a party exercises its right to terminate a contract and trigger the payment of a breakup or termination fee, as specified in the agreement.
Definition of "Exercise Date" as for milestone-based payments
This definition applies "Exercise Date" to payments tied to milestones.
"Exercise Date" refers to the date on which a party exercises its right to receive milestone-based payments, contingent upon the completion of predefined project or business objectives.
Definition of "Exercise Date" as for guaranteed minimum returns
This definition ties "Exercise Date" to minimum return guarantees in contracts.
"Exercise Date" means the date on which a party exercises its right to claim a guaranteed minimum return under the terms of an investment or financing agreement.
Definition of "Exercise Date" as for priority distribution rights
This definition connects "Exercise Date" to priority rights in profit distribution.
"Exercise Date" refers to the date on which a shareholder or partner exercises their right to receive priority distributions under a partnership or operating agreement.
Definition of "Exercise Date" as for energy purchase agreements
This definition links "Exercise Date" to rights in power purchase agreements.
"Exercise Date" means the date on which a buyer exercises their option to purchase energy or capacity under the terms of a power purchase agreement.
Definition of "Exercise Date" as for step-in rights
This definition applies "Exercise Date" to intervention rights in contracts.
"Exercise Date" refers to the date on which a party exercises step-in rights to assume control of a project, asset, or agreement due to non-performance by the other party.
Definition of "Exercise Date" as for termination-for-convenience clauses
This definition ties "Exercise Date" to contract termination rights.
"Exercise Date" means the date on which a party exercises its right to terminate a contract for convenience, as outlined in the termination clause of the agreement.
Definition of "Exercise Date" as for contingent equity rights
This definition connects "Exercise Date" to conditional equity options.
"Exercise Date" refers to the date on which a holder exercises their right to acquire equity, contingent upon the fulfillment of specific conditions outlined in the agreement.
Definition of "Exercise Date" as for real estate lease buyout clauses
This definition links "Exercise Date" to lease buyout options.
"Exercise Date" means the date on which a tenant exercises their right to terminate a lease early through a buyout option, as specified in the lease agreement.
Definition of "Exercise Date" as for charitable gift annuities
This definition applies "Exercise Date" to donor rights in annuities.
"Exercise Date" refers to the date on which a donor exercises their right to receive payments under a charitable gift annuity agreement, in accordance with the annuity terms.
Definition of "Exercise Date" as for force majeure clauses
This definition ties "Exercise Date" to force majeure contract provisions.
"Exercise Date" means the date on which a party invokes their rights under a force majeure clause to excuse performance or delay obligations due to unforeseen events.
Definition of "Exercise Date" as for material adverse change (MAC) clauses
This definition connects "Exercise Date" to MAC-triggered options.
"Exercise Date" refers to the date on which a party exercises its rights under a material adverse change clause to renegotiate or terminate an agreement.
Definition of "Exercise Date" as for convertible debt instruments
This definition links "Exercise Date" to conversion options in debt agreements.
"Exercise Date" means the date on which the holder of convertible debt elects to convert the debt into equity, in compliance with the terms of the convertible agreement.
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