Common use of Elections to Receive Awards Clause in Contracts

Elections to Receive Awards. An Outside Director may elect to receive his or her annual retainer payments and/or meeting fees from the Company in the form of cash, NSOs, SARs, Restricted Shares or Stock Units, or a combination thereof, as determined by the Board. Such Awards shall be issued under the Plan. An election under this Section 15 shall be filed with the Company on the prescribed form.

Appears in 4 contracts

Samples: Stock Unit Agreement (Financial Engines, Inc.), Stock Unit Agreement (Financial Engines, Inc.), Stock Unit Agreement (Financial Engines, Inc.)

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