Details of Award Sample Clauses

Details of Award. Pursuant to the Plan, the Company hereby grants a Restricted Stock Unit Award (as defined in the Addendum to this Agreement) with the following terms:
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Details of Award. Recipient Total Target Number of Shares of Stock Performance Cycle Calendar years [year] through [year]
Sample 1
Details of Award. This AWARD AGREEMENT (the “Award Agreement”) is entered into and made effective as of May 20, 2008 between Amarin Corporation plc (the “Company”), and Mr Xxx Xxxxx of Sandymount, Dublin 4, Ireland (“Optionee”) and together with a number of other award agreements on substantially similar terms shall constitute the Amarin Corporation plc 2008 Long Term Incentive Plan (the “Plan”) which is intended to operate as an “employees’ share scheme” within Section 743 of the Companies Act 1985. This Award is granted on the terms set out in this Award Agreement.
Sample 1
Details of Award. Participant [insert name] Grant ID Number: [insert] Grant Value [Insert] Number of RSUs: [insert] The number of RSUs has been determined by dividing the Grant Value by the minimum par value of the Shares (EUR 1) using an exchange rate of USD 1: EUR 1.09.
Sample 1
Details of Award. The Award entitles the Participant to the target value of the award set forth in the Award Notice multiplied by a percentage from zero to 200%, determined based on the Company’s performance against the Performance Measures set forth and as calculated in Appendix A attached hereto. Calculations of performance versus target, threshold and maximum values as set forth in Appendix A shall be made by the Committee in accordance with the terms of this Agreement and the Plan and are final and binding. The value of the Award may be settled in cash, shares of Common Stock (each valued at Fair Market Value on the date of settlement) or a combination of cash and shares of Common Stock as provided in Article 5 below which shall be distributable as provided in Article 5 below, but only to the extent the Participant’s right to the Award is vested under Article 4 below.
Sample 1
Details of Award. The Company hereby awards to Recipient that number of Units set forth below, each Unit representing the right to receive one share of Stock plus additional cash payments in lieu of dividends as described in Section 4(B) below. Recipient <NAME> Total Number of Restricted Stock Units (the “Award”) <NUMBER> Vesting Schedule (each period from the date hereof through the date indicated is a “Vesting Period”): · <DATE> (# UNITS) · <DATE> (# UNITS) · <DATE> (# UNITS)
Sample 1
Details of Award. This AWARD AGREEMENT (the “Award Agreement”) is entered into and made effective as of May 20, 2008 between Amarin Corporation plc (the “Company”), and Xx Xxxxxx Xxxxxx of Stonington, Connecticut, USA (“Optionee”) and together with a number of other award agreements on substantially similar terms shall constitute the Amarin Corporation plc 2008 Long Term Incentive Plan (the “Plan”) which is intended to operate as an “employees’ share scheme” within Section 743 of the Companies Act 1985. This Award is granted on the terms set out in this Award Agreement. The Company intends that this Award not be considered to provide for the deferral of compensation under Section 409A of the Code and that this Award Agreement shall be so administered and construed. Further, the Company may modify this Award Agreement and this Award to the extent necessary to fulfil this intent.
Sample 1
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Details of Award. The Company hereby grants to Recipient the number of target Units set forth below, with each Unit having a value that equals the value of one share of Stock: Total Number of Restricted Stock Units (the “Award”) Performance Periods and Performance Measurement Dates (each period from January 1, 2008 through the “Performance Measurement Date” indicated to the right is the “Performance Period” for the Units indicated next to the date) ·December 31, 2009 ([ ] Units) (“A Units”) ·December 31, 2010 ([ ] Units) (“B Units”) ·December 31, 2011 ([ ] Units) (“C Units”) A bookkeeping account will be maintained to keep track of the Units awarded (the “RSU Account”) and any dividend equivalents credited to the RSU Account pursuant to Section 5 below. References to the RSU Account with respect to a particular Performance Measurement Date will include the Units originally credited and any dividend equivalents credited with respect to such Units in accordance with Section 5.
Sample 1

Related to Details of Award

  • Terms of Award The following terms used in this Agreement shall have the meanings set forth in this paragraph 1:

  • Payment of Awards The payment of the Award shall be made in shares of Common Stock. The payment of an Award shall be made within 70 days following the end of the Restricted Period.

  • Nature of Award In accepting the award, Employee acknowledges that:

  • Settlement of Awards Pursuant to Section 5 of this Agreement, the Corporation shall deliver to the Employee one Share for each vested Restricted Stock Unit included in the Award and, as applicable, one share for each vested Restricted Stock Unit that corresponds to an accrued dividend equivalent. Any vested Restricted Stock Units payable to the Employee (including Shares payable pursuant to Section 3 above) shall be paid solely in Shares. Any fractional Share will be rounded to the closest whole Share.

  • Settlement of Award If the Grantee becomes vested in the Award in accordance with Section 5, the Company shall pay to the Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, either a number of shares of Common Stock equal to the number of vested RSUs and dividend equivalents credited to the Grantee’s RSU Account in respect of such vested RSUs, or cash equal to the Fair Market Value of such shares of Common Stock and dividend equivalents credited to the Grantee’s RSU Account in respect of such vested RSUs on the date of vesting, as adjusted in accordance with Section 6, if applicable, or a combination thereof. Such shares and/or cash shall be delivered/paid in a single sum as follows:

  • Execution of Award Agreement Please acknowledge your acceptance of the terms of this Agreement by electronically signing this Agreement.

  • 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:

  • Forfeiture of Awards The Restricted Stock Units granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee or as required by applicable law, and are otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

  • Forfeiture of Award 4.1 If, at any time during the Award Recipient’s employment by the Company or within 18 months after termination of employment, the Award Recipient engages in any activity in competition with any activity of the Company, or inimical, contrary or harmful to the interests of the Company, including but not limited to: (a) conduct relating to the Award Recipient’s employment for which either criminal or civil penalties against the Award Recipient may be sought, (b) conduct or activity that results in termination of the Award Recipient’s employment for cause, (c) violation of the Company’s policies, including, without limitation, the Company’s xxxxxxx xxxxxxx policy and corporate compliance program, (d) accepting employment with, acquiring a 5% or more equity or participation interest in, serving as a consultant, advisor, director or agent of, directly or indirectly soliciting or recruiting any employee of the Company who was employed at any time during the Award Recipient’s tenure with the Company, or otherwise assisting in any other capacity or manner any company or enterprise that is directly or indirectly in competition with or acting against the interests of the Company or any of its lines of business (a “competitor”), except for (A) any isolated, sporadic accommodation or assistance provided to a competitor, at its request, by the Award Recipient during the Award Recipient’s tenure with the Company, but only if provided in the good faith and reasonable belief that such action would benefit the Company by promoting good business relations with the competitor and would not harm the Company’s interests in any substantial manner or (B) any other service or assistance that is provided at the request or with the written permission of the Company, (e) disclosing or misusing any confidential information or material concerning the Company, (f) engaging in, promoting, assisting or otherwise participating in a hostile takeover attempt of the Company or any other transaction or proxy contest that could reasonably be expected to result in a Change of Control (as defined in the Plan) not approved by the CenturyTel Board of Directors or (g) making any statement or disclosing any information to any customers, suppliers, lessors, lessees, licensors, licensees, regulators, employees or others with whom the Company engages in business that is defamatory or derogatory with respect to the business, operations, technology, management, or other employees of the Company, or taking any other action that could reasonably be expected to injure the Company in its business relationships with any of the foregoing parties or result in any other detrimental effect on the Company, then the award of Restricted Stock granted hereunder shall automatically terminate and be forfeited effective on the date on which the Award Recipient engages in such activity and (i) all shares of Common Stock acquired by the Award Recipient pursuant to this Agreement (or other securities into which such shares have been converted or exchanged) shall be returned to the Company or, if no longer held by the Award Recipient, the Award Recipient shall pay to the Company, without interest, all cash, securities or other assets received by the Award Recipient upon the sale or transfer of such stock or securities, and (ii) all unvested shares of Restricted Stock shall be forfeited.

  • Adjustment of Award (a) The Administrator shall have authority to make adjustments to the terms and conditions of the Award in recognition of unusual or nonrecurring events affecting BB&T or any Affiliate, or the financial statements of BB&T or any Affiliate, or of changes in applicable laws, regulations or accounting principles, if the Administrator determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan or necessary or appropriate to comply with applicable laws, rules or regulations.

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