Cumulative Award Sample Clauses

Cumulative Award. Enter the total of the award, including all amendments. The total of this column (State and Federal) must tie to Box 6.
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Cumulative Award. Enter the total of the award, including all amendments for each CFDA #. The total of this column (State and Federal) must tie to Box 6. The following information is required only for federal subrecipient awards. The information recorded in Boxes 36 through 40 is found on the Federal grant award to the State Granting Agency from which funds are being subawarded. If an award is being issued from multiple Federal awards to the State under the same CFDA #, it may be necessary to enter multiple rows in this section in order to enter the appropriate information in Boxes 36 through 40.
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Cumulative Award. The final Measurement Period shall be the _____ year period that terminates at the end of the Company's fiscal year ____. The Performance Criteria for such period shall be the cumulative actual EBITDA achieved by the Company during such period (the "Cumulative EBITDA"). If the Cumulative EBITDA is equal to or greater than $_____ million, then the Option shall become exercisable in full, regardless of the extent to which the Option has become fully exercisable due to the achievement of annual target levels of EBITDA. If, at the end of fiscal year _____, the Cumulative EBITDA is equal to $_____ million, then the Option shall become exercisable with respect to a percentage equal to the difference of (i) ___% minus (ii) the total percentage of the Option exercisable under the calculation made under Section I (the Annual Awards). If the Cumulative EBITDA is more than $_____ million and less than $_____ million, then the Option shall become exercisable with respect to the percentage portion of the Option equal to the difference of: Cumulative EBITDA - $_____ million minus (ii) the total percentage of the Option (i) __% + __% x ------------------------------ exercisable under Section I $ ____ million In no event shall any calculation under this Section II result in any portion of any Option that previously vested under Section I to become unvested. To the extent that all or a portion of the Option does not become exercisable based on the above calculation with respect to Cumulative EBITDA, it shall to that extent automatically terminate and cease to be exercisable notwithstanding the stated term during which it otherwise may have been exercised. The Committee shall determine the extent to which the Company has achieved the performance criteria set forth above following the conclusion of each measurement period and, consequently, the extent, if at all, that the Option has become exercisable. The performance criteria set forth above may be modified from time to time as set forth in Section 6 of the Plan. To the extent the --------- Option is not exercisable at the conclusion of the final measurement period, it shall to that extent automatically terminate and cease to be exercisable notwithstanding the stated term during which it otherwise may have been exercised.
Sample 1
Cumulative Award. Enter the total of the award, including all amendments for each ALN #. The total of this column (State and Federal) must tie to Box 6. The following information is required only for federal subrecipient awards. The information recorded in Boxes 36 through 40 is found on the Federal grant award to the State Granting Agency from whi ch funds are being subawarded. If an award is being issued from multiple Federal awards to the State under the same ALN #, it may be necessary to enter multiple rows in this section in order to enter the appropriate information in Boxes 36 through 40.
Sample 1
Cumulative Award. The amounts in this column are automatically calculated as the amount in Column 27 plus the amount in Column 28. The total of this column (State and Federal) will appear in Box 6.
Sample 1
Cumulative Award. The amounts in this column are automatically calculated as the amount in Column 33 plus the amount in Column 34. The total of this column (State and Federal) will appear in Box 6. The following information is required only for federal subrecipient awards. The information recorded in Boxes 36 through 40 is found on the Federal grant award to the State Granting Agency from which funds are being subawarded. If an award is being issued from multiple Federal awards to the State under the same CFDA #, it may be necessary to enter multiple rows in this section in order to enter the appropriate information in Boxes 36 through 40.
Sample 1

Related to Cumulative Award

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Performance Shares The Performance Shares earned by the Grantee will be determined and delivered to the Grantee as soon as practicable subsequent to the determination of the Corporation’s financial results for the Performance Cycle and approval by the Plan Administrator. The corresponding shares of the Corporation’s common stock will be purchased on the open market.

  • Cumulative Exercisability To the extent that the Option is vested and exercisable, the Grantee has the right to exercise the Option (to the extent not previously exercised), and such right shall continue, until the expiration or earlier termination of the Option.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Cash Award Subject to Section 2 and provided that you are employed by the Company or one of its affiliates on each applicable payment date set forth below, the Company shall pay you the Cash Award at the following times: (i) one-third (1/3) of the Cash Award on the Closing Date, (ii) one-third (1/3) of the Cash Award on the first anniversary of the Closing Date and (iii) the remaining one-third (1/3) of the Cash Award on the second anniversary of the Closing Date.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Dividend Equivalent Payments Until your RSUs convert to Shares, if and when MSCI pays a dividend on Shares, you will be entitled to a dividend equivalent payment in the same amount as the dividend you would have received if you held Shares for your vested and unvested RSUs immediately prior to the record date. No dividend equivalents will be paid to you with respect to any canceled or forfeited RSUs. MSCI will decide on the form of payment and may pay dividend equivalents in Shares, in cash or in a combination thereof, unless otherwise provided in Exhibit B. MSCI will pay the dividend equivalent when it pays the corresponding dividend on its common stock. The gross amount of any dividend equivalents paid to you with respect to RSUs that do not vest and convert to Shares shall be subject to potential recoupment or payback (such recoupment or payback of dividend equivalents, the “Clawback”) following the cancellation or forfeiture of the underlying RSUs. You consent to the Company’s implementation and enforcement of the Clawback and expressly agree that MSCI may take such actions as are necessary to effectuate the Clawback consistent with applicable law. If, within a reasonable period, you do not tender repayment of the dividend equivalents in response to demand for repayment, MSCI may seek a court order against you or take any other actions as are necessary to effectuate the Clawback.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

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