Common use of Authority to Grant Annual Incentive Awards Clause in Contracts

Authority to Grant Annual Incentive Awards. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Annual Incentive Awards under the Plan to Employees who, by the nature and scope of their positions, regularly directly make or influence policy decisions which significantly impact the overall results or success of the Company in such amounts and upon such terms as the Committee shall determine. The amount of any Annual Incentive Awards shall be based on the attainment of such Performance Goals as the Committee may determine.

Appears in 3 contracts

Samples: Long Term Incentive Plan (Rex Energy Corp), Long Term Incentive Plan (Rex Energy Corp), 2007 Long Term Incentive Plan (Rex Energy Corp)

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Authority to Grant Annual Incentive Awards. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Annual Incentive Awards under the Plan to key executive Employees who, by the nature and scope of their positions, regularly directly make or influence policy decisions which significantly impact the overall results or success of the Company in such amounts and upon such terms as the Committee shall determine. The amount of any Annual Incentive Awards shall be based on the attainment of such Performance Goals as the Committee may determine.

Appears in 2 contracts

Samples: 2006 Omnibus Incentive Plan (Quanex Corp), 2006 Omnibus Incentive Plan (Quanex Corp)

Authority to Grant Annual Incentive Awards. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Annual Incentive Awards under the Plan to Employees who, by the nature and scope of their positions, regularly directly make or influence policy decisions which significantly impact the overall results or success of the Company in such amounts and upon such terms as the Committee shall determine. The Subject to the following provisions in this Article XI, the amount of any Annual Incentive Awards shall be based on the attainment of such Performance Goals as the Committee may determine.

Appears in 2 contracts

Samples: Long Term Incentive Plan (Dex Media, Inc.), Long Term Incentive Plan (Supermedia Inc.)

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Authority to Grant Annual Incentive Awards. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Annual Incentive Awards under the Plan to Employees who, by the nature and scope of their positions, regularly directly make or influence policy decisions which significantly impact the overall results or success of the Company in such amounts and upon such terms as the Committee shall determine. The Subject to the following provisions in this Article XII, the amount of any Annual Incentive Awards shall be based on the attainment of such Performance Goals as the Committee may determine.

Appears in 1 contract

Samples: 2007 Long Term Incentive Plan (Rackspace Inc)

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