In the folktales of the Empire, the Griffon is a stalwart and stubborn beast that refuses to be bested in combat, no matter how outmatched it may be. In honour of this, a unit flying the Griffon Standard resolutely stands its ground, and few foes can break them.
Source: Warhammer Fantasy: 7th Edition
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Magic Standard55 points
A unit joined by a Battle Standard Bearer carrying the Griffon Standard counts double its rank bonus when it comes to working out combat results. If the unit is in two ranks it receives +2, in three ranks +4, and in four ranks (the maximum bonus) +6. The unit will never pursue a fleeing enemy, but will always hold its ground, even if affected by a special rule that means it must normally do so.