Compensatory Award definition

Compensatory Award means the compensation referred to in section 30 (7) (b)) of the Act;
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Compensatory Award means an award as to compensation made on behalf of the Institute:
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Compensatory Award shall have the meaning set forth in Section 5(A)(v).
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Examples of Compensatory Award in a sentence

  • In the event that a Change in Control does not occur within one year following the Date of Termination as described in the proviso of the preceding sentence, each unvested Compensatory Award shall be immediately forfeited by the Executive.

  • If you are a Settlement Class Member, you can tell the Court you do not agree with the proposed Settlement, any part of the Settlement, the proposed Plan of Allocation, and/or Lead Counsel’s motion for attorneys’ fees and expenses and application for a Compensatory Award to Lead Plaintiffs.

  • The Court may also decide how much should be awarded to Lead Counsel for attorneys’ fees and expenses and a Compensatory Award to Lead Plaintiffs for their service to the Settlement Class.We do not know how long these decisions will take.

  • Under the Polkey principle it may be appropriate to reduce an award by applying a percentage reduction to the Compensatory Award to reflect the risk facing a claimant of being fairly dismissed or to limit the period of any award of losses to reflect this risk, estimating how long a claimant would have been employed had he not been unfairly dismissed, in circumstances where the respondent would or might have dismissed the claimant.

  • At the Effective Time, each Company Compensatory Award then outstanding under any of the Company Plans shall be treated in accordance with the provisions of Section 6.11.

  • Employment Compensation AwardsWe will pay a Basic Award and/or Compensatory Award which is awarded to an Employee by either a tribunal or through the Advisory, Conciliation and Arbitration Service (ACAS) Arbitration Scheme, or an amount agreed by Us in settlement of a dispute.Provided that the Basic Award or Compensatory Award follows a claim which We have accepted under Insured Incident 1.Employment Disputes.We will not pay for:1.

  • The second element of the award is to compensate the Claimant for losses sustained as a result of the dismissal, known as the Compensatory Award.

  • Compensatory Award in favor or Claimants: $980,000Claimant asserted breach of contract, negligence, failure to supervise, willful and reckless conduct and breach of fiduciary duty in connection with stock and options transactions in unapproved strategies and unpermitted wire transfers out of Claimant’s account to a gambling casino in connection with criminal actions by the managing partner/trader of the Claimant hedge fund, for which he was imprisoned.

  • The Exchange Fund and the Compensatory Award Fund shall not be used for any other purpose.

  • Also, subject to the Court’s approval, a portion of the Settlement Fund will be used to pay attorneys’ fees with interest and reasonable litigation expenses to Co-Lead Counsel, and a Compensatory Award to Lead Plaintiffs for their services representing the Settlement Class.


More Definitions of Compensatory Award

Compensatory Award means an award by the Court to Lead its time and expenses incurred in assisting in the prosecution of this
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Compensatory Award means a payment to the Plaintiffs from the Settlement Fund for the time and expenses expended by the Plaintiffs in assisting Lead Counsel in the litigation of this Action, as further described in ¶ 9.0
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Compensatory Award means any award of stock options, stock appreciation rights, restricted stock or restricted stock units, or any other compensatory stock award granted by a Group Member or its Control Group members to current or former employees, consultants, advisors or directors of a Group Member or its Control Group members as compensation for services provided.
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Related to Compensatory Award

  • Compensatory mitigation means types of mitigation used to replace project-induced critical area and buffer losses or impacts.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • compensatory leave means leave with pay in lieu of cash payment for overtime. The duration of such leave will be equal to the overtime worked multiplied by the applicable overtime rate.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Dividend Equivalent means a right to receive the equivalent value (in cash or Shares) of dividends paid on Shares, awarded under Section 9.2.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • PSU means Public Sector Undertaking