Common use of Conditional Awards Clause in Contracts

Conditional Awards. The Committee may condition the grant of any Award or combination of Awards under the Plan on the surrender or deferral by the Participant of his or her right to receive a cash bonus or other compensation otherwise payable by the Company or any Subsidiary to the Participant.

Appears in 2 contracts

Sources: Omnibus Incentive Plan (Ii-Vi Inc), 2012 Omnibus Incentive Plan (Ii-Vi Inc)

Conditional Awards. The Committee may condition the grant of any Award or combination of Awards under the Plan on the surrender or deferral by the Participant of his or her right to receive a cash bonus award or other compensation otherwise payable by the Company or any Subsidiary to the Participant.

Appears in 1 contract

Sources: Omnibus Incentive Plan (Ii-Vi Inc)

Conditional Awards. The Committee Board may condition the grant of any Award award or combination of Awards under the Plan on the surrender or deferral by the Participant of his or her right to receive a cash bonus or other compensation otherwise payable by the Company or any Subsidiary to the Participant.

Appears in 1 contract

Sources: 2017 Omnibus Stock Incentive Plan (RBB Bancorp)

Conditional Awards. The Committee may condition the grant of any Award award or combination of Awards under the Plan on the surrender or deferral by the Participant of his or her right to receive a cash bonus or other compensation otherwise payable by the Company Corporation or any Subsidiary to the Participant.

Appears in 1 contract

Sources: 2005 Omnibus Stock Incentive Plan (Home Depot Inc)