Common use of Full Payout Clause in Contracts

Full Payout. In order to receive the full number of Performance Shares determined under Section 2, Recipient must be employed by the Company on the October 31 immediately following the end of the Performance Period (the “Vesting Date”). For purposes of Sections 3 and 4, all references to the “Company” shall include the Company and its subsidiaries.

Appears in 15 contracts

Samples: Long Term Incentive Award Agreement (Schnitzer Steel Industries, Inc.), Long Term Incentive Award Agreement (Schnitzer Steel Industries, Inc.), Long Term Incentive Award Agreement (Schnitzer Steel Industries, Inc.)

AutoNDA by SimpleDocs

Full Payout. In order to receive the full number of Performance Shares determined under Section 2, Recipient must be employed by the Company on the October 31 immediately following the end of the Performance Period (the “Vesting Date”). For purposes of Sections 3 and 4, all references to the “Company” shall include the Company and its subsidiaries.

Appears in 4 contracts

Samples: Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc), Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc), Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!