Award Schedule Sample Clauses

Award Schedule. 1347 Advisors shall be eligible to receive the Shares at any time that the last sales price of the Common Stock on the NASDAQ or any other national exchange on which the Common Stock is traded equals or exceeds $10.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period (the “Milestone”).
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Award Schedule. This ITB will be awarded according to Table 2 – Schedule of Events.
Sample 1Sample 2Sample 3See All (4)
Award Schedule. Provided Grantee continuously (i) remains in good standing with the Company and continues to provide management services to Company commensurate with the type of service provided by a Chief Financial Officer of an ethanol plant, (ii) has met and continues to meet all of Grantee's obligations with respect to the Company and (iii) is in full compliance with the terms and conditions of this Agreement and any other agreements between Grantee and the Company by which Grantee is bound, the Award shall be granted to Grantee in the installments set forth below. Grantee's eligibility to receive each grant contemplated in this Section 2 is expressly conditioned upon receipt of any prior available grant hereunder. If for any reason Grantee does not qualify to receive a particular grant or grants as contemplated herein, the Company expressly reserves the right to change the installment allocations, decrease the aggregate amount of the Award and/or elect to not make the Award at all, in its sole discretion. All Units granted hereunder shall be fully vested as of the date of the award. (a) On the Effective Date, October 1, 2011, Grantee will receive an award of 20,000 Units. (b) On the Effective Date, October 1, 2012, Grantee will receive an award of 20,000 Units. (c) On the Effective Date, October 1, 2013, Grantee will receive an award of 20,000 Units. (d) On the Effective Date, October 1, 2014, Grantee will receive an award of 20,000 Units. (e) On the Effective Date, October 1, 2015, Grantee will receive an award of 20,000 Units.
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Award Schedule. The following is an estimated schedule for the events leading to award under this PA: DRAFT PA issued 4 Aug 2008 Opportunity Conference 27 August 2008 SECOND DRAFT PA issued 7 November 2008 Final PA issued 9 January 2009 Proposals due 20 February 2009 Evaluation and Negotiations March-May 2009 Final Proposals due June 2009 Award August 2009
Sample 1
Award Schedule. Provided Grantee continuously (i) remains in good standing with the Company and continues to provide management services to Company commensurate with the type of service provided by a General Manager or CEO of an ethanol plant, (ii) has met and continues to meet all of Grantee’s obligations with respect to the Company pursuant to any agreement under which Grantee provides management services to the Company, and (iii) is in full compliance with the terms and conditions of this Agreement and any other agreements between Grantee and the Company by which Grantee is bound, the Award shall be granted to Grantee in the installments set forth below. Grantee’s eligibility to receive each grant contemplated in this Section 3 is expressly conditioned upon receipt of any prior available grant hereunder. If for any reason Grantee does not qualify to receive a particular grant or grants as contemplated herein, the Company expressly reserves the right to change the installment allocations, decrease the aggregate amount of the Award and/or elect to not make the Award at all, in its sole discretion. All Units granted hereunder shall be fully vested as of the date of the award. (a) Within a reasonable period of time following the third anniversary of the Effective Date, Grantee will receive an award of 15,000 Units. (b) Within a reasonable period of time following the fourth anniversary of the Effective Date, Grantee will receive an award of 15,000 Units. (c) Within a reasonable period of time following the fifth anniversary of the Effective Date, Grantee will receive an award of 15,000 Units. (d) Within a reasonable period of time following the sixth anniversary of the Effective Date, Grantee will receive an award of 15,000 Units. (e) Within a reasonable period of time following the seventh anniversary of the Effective Date, Grantee will receive an award of 15,000 Units. (f) Within a reasonable period of time following the eighth anniversary of the Effective Date, Grantee will receive an award of 15,000 Units. (g) Within a reasonable period of time following the ninth anniversary of the Effective Date, Grantee will receive an award of 15,000 Units. (h) Within a reasonable period of time following the tenth anniversary of the Effective Date, Grantee will receive an award of 45,000 Units.
Sample 1
Award Schedule. Following the Lock-up Period, KAI shall be eligible to receive the Shares in three equal installments of 125,000 shares of common stock (each, an “Installment”) pursuant to the following schedule: any time the last sales price of our common stock equals or exceeds: (i) $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period, KAI will receive an Installment; (ii) $15.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period, KAI will receive an Installment (in addition to the Installment previously or simultaneously earned pursuant to clause (i) herein); and (iii) $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period, KAI will receive an Installment (in addition to the 250,000 shares of our common stock previously or simultaneously earned pursuant to clauses (i) and (ii) herein).
Sample 1

Related to Award Schedule

  • Performance Schedule The Parties will perform their respective responsibilities in accordance with the Performance Schedule. By executing this Agreement, Customer authorizes Motorola to proceed with contract performance.

  • Award Agreement Each Option shall be evidenced by an Award Agreement that shall specify the Exercise Price, the expiration date of the Option, the number of Shares to which the Option pertains, any conditions to exercise of the Option, and such other terms and conditions as the Committee, in its discretion, shall determine. The Award Agreement shall specify whether the Option is intended to be an Incentive Stock Option or a Non-qualified Stock Option.

  • Grant Agreement) This represents the status at the time of signature of this Consortium Agreement.

  • Award Criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.

  • Notification of Award 2.28.1 Prior to the expiration of the period of tender validity, the Procuring entity will notify the successful tenderer in writing that its tender has been accepted. 2.28.2 The notification of award will constitute the formation of the Contract but will have to wait until the contract is finally signed by both parties 2.28.3 Upon the successful Tenderer’s furnishing of the performance security pursuant to paragraph 2.28, the Procuring entity will promptly notify each unsuccessful Tenderer and will discharge its tender security, pursuant to paragraph 2.14

  • Grant Award On and subject to the terms and conditions set forth herein, Triumph hereby agrees to make a grant (the “Grant”) to Grantee in the aggregate maximum amount of up to Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the “Maximum Grant Amount”) to provide partial funding for the Project.

  • Termination of Award In the event that the Employee shall forfeit all or a portion of the restricted stock units subject to the Award, the Employee shall promptly return this Agreement to the Company for cancellation. Such cancellation shall be effective regardless of whether the Employee returns this Agreement.

  • Settlement of Award The Award, if earned in accordance with the terms of this Agreement, shall be payable in whole shares of Common Stock. The total number of Shares that may be acquired upon vesting of the Award (or portion thereof) shall be rounded down to the nearest whole share. A certificate or certificates for the Shares subject to the Award or portion thereof shall be issued in the name of the Participant or his or her beneficiary (or, in the case of uncertificated shares, other written evidence of ownership in accordance with Applicable Law shall be provided) promptly after, and only to the extent that, the Award or portion thereof has vested and been earned and is distributable. Shares of Common Stock or any other benefit subject to the Award shall, upon vesting of the Award, be issued and distributed to the Participant (or his or her beneficiary) no later than the later of (a) the fifteenth (15th) day of the third month following the Participant’s first taxable year in which the amount is no longer subject to a substantial risk of forfeiture, or (b) the fifteenth (15th) day of the third month following the end of the Company’s first taxable year in which the amount is no longer subject to a substantial risk of forfeiture, or otherwise in accordance with Code Section 409A.

  • Vesting of Award Subject to Section 2(b) below and the other terms and conditions of this Agreement, this Award shall become vested in three equal annual installments on the first, second and third anniversaries of the date hereof. Unless otherwise provided by the Company, all dividends and other amounts receivable in connection with any adjustments to the Shares under Section 4(c) of the Plan shall be subject to the vesting schedule in this Section 2(a).

  • Payment of Award The Performance Shares that may become payable pursuant to this Award Agreement shall be based upon the highest performance determined in accordance with the provisions of Section 4 or, in the event of a Change in Control prior to the Final Measurement Date, based on performance at the level determined in accordance with the provisions of Section 3.4. In other words, the attainment of multiple performance measures under this Award Agreement will not result in the payment of a cumulative number of Performance Shares for each performance measure achieved. Payment of the Award, to the extent earned, shall be made as follows:

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