Nature of Your Award Sample Clauses

Nature of Your Award. You have been granted an Award consisting of stock units, which will be converted to common shares of the Company if the conditions described in this Award Agreement are met. Federal income tax rules apply to the payment of your Award. These and other conditions affecting your Award are described in this Award Agreement, the Plan and the Plan’s Prospectus, all of which you should read carefully. No later than Vte, you must return a signed copy of this Award Agreement to:
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Nature of Your Award. You have been granted Restricted Stock Units (“RSUs”). If you satisfy the conditions described in this Award Agreement, your RSUs will be converted into an equal number of shares of Company stock. Federal income tax rules apply to RSUs. These and other conditions affecting your RSUs are described in this Award Agreement, the Plan and the Plan’s Prospectus, all of which you should read carefully. No later than [Date] you must return a signed copy of this Award Agreement to: W. Xxxxxx Xxxxx Air Transport Services Group 000 Xxxxxx Xxxxx Xxxxxxxxxx, Xxxx 00000 If you do not do this, your Award will be revoked automatically as of the Grant Date and you will not be entitled to receive anything on account of the retroactively revoked Award.
Nature of Your Award. You have been granted Restricted Stock Units (“RSUs”). If you satisfy the conditions described in this Award Agreement, your RSUs will be converted to an equal number of shares of Company stock (or, if you elect, cash equal to the fair market value of an equal number of shares of Company stock). Federal income tax rules apply to RSUs. These and other conditions affecting your RSUs are described in this Award Agreement, the Plan and the Plan’s Prospectus, all of which you should read carefully. No later than Vte you must return a signed copy of this Award Agreement to:
Nature of Your Award. You have been granted Restricted Stock. If you satisfy the conditions described in this Award Agreement, the restrictions imposed on your Restricted Stock will be removed and you will own the shares. Federal income tax rules apply to Restricted Stock. These and other conditions affecting your Restricted Stock are described in this Award Agreement, the Plan and the Plan’s Prospectus, all of which you should read carefully. No later than Vte you must return a signed copy of this Award Agreement to:
Nature of Your Award. The terms and conditions affecting your Award are described in this Award Agreement and the Plan, both of which you should read carefully. If you satisfy such conditions: [1] The restrictions imposed on your Restricted Stock will be removed and you will own the shares; and [2] Your Performance Shares will be settled and you will receive the shares underlying such Performance Shares. For purposes of this Award Agreement, each Performance Share represents the right to receive a share of the Company’s common stock, par value $1.00 per share. No later than Vte you must return a signed copy of this Award Agreement to: Vtc A. Xxxxxxxx, Inc. Vtg Vth If you do not do this, your Award will be forfeited and you will not be entitled to receive anything on account of this Award.
Nature of Your Award. You have been granted Nonqualified Stock Options (“NQSOs”) which you may exercise to purchase common shares of the Company but only if you satisfy the conditions described in this Award Agreement and pay the Exercise Price specified below. Federal income tax rules apply to NQSOs. These and other conditions affecting your NQSOs are described in this Award Agreement, the Plan and the Plan’s prospectus, all of which you should read carefully before you exercise the NQSOs. No later than February 17, 2006 you must return a signed copy of this Award Agreement to: Dxxxxx Xxxxx R. X. Xxxxx Corporation 10000 Xxxxxxxx Xxxx, X.X. Xxxxxxxxxxxx, Xxxx 00000 If you do not do this, your Award will be revoked automatically as of the Grant Date. Grant Date: Your NQSOs were issued on February 7, 2006. Number of NQSOs: You have been granted 100,000 NQSOs. You may buy one common share of the Company for each NQSO granted but only if you meet the conditions described in this Award Agreement and in the Plan. When You May Exercise Your Award and When It Will Expire Normal Vesting Date: You may not exercise your NQSOs until they vest. Your NQSOs will vest (and may be exercised) if you are an employee of the Company or a subsidiary of the Company on the following dates (see below for a discussion of what happens if your employment terminates before these dates or what might happen to accelerate the date your NQSOs vest): 33,333 NQSOs, any time on or after February 7, 2007; 33,333 NQSOs, any time on or after February 7, 2008; and 33,334 NQSOs, any time on or after February 7, 2009. This does not mean that you must exercise your NQSOs on these dates; these are merely the first dates that you may do so. However, your NQSOs will expire unless they are exercised before the Expiration Date.
Nature of Your Award. You have been granted an Award consisting of performance stock units (“Performance Units”), which will be converted to common shares of the Company if the conditions described in this Award Agreement are met. Federal income tax rules apply to the payment of your Award. These and other conditions affecting your Award are described in this Award Agreement, the Plan and the Plan’s Prospectus, all of which you should read carefully.
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Nature of Your Award. You have been granted an Award consisting of stock units, which will be converted to common shares of the Company if the conditions described in this Award Agreement are met. Federal income tax rules apply to the payment of your Award. These and other conditions affecting your Award are described in this Award Agreement, the Plan and the Plan’s Prospectus, all of which you should read carefully. No later than [Date], you must return a signed copy of this Award Agreement to: W. Xxxxxx Xxxxx Air Transport Services Group, Inc. 000 Xxxxxx Xxxxx Xxxxxxxxxx, Xxxx 00000 If you do not do this, your Award will be revoked automatically as of the Grant Date and you will not be entitled to receive anything on account of the retroactively revoked Award.
Nature of Your Award. You have been granted Restricted Stock. If you satisfy the conditions described in this Award Agreement, the restrictions imposed on your Restricted Stock will be removed and you will own the shares. These and other conditions affecting your Restricted Stock are described in this Award Agreement and the Plan, both of which you should read carefully. No later than Vte you must return a signed copy of this Award Agreement to: Vtc A. Xxxxxxxx, Inc. Vtg Vth If you do not do this, your Award will be forfeited and you will not be entitled to receive anything on account of this Award.
Nature of Your Award. You have been granted Restricted Stock. If you satisfy the conditions described in this Award Agreement, your shares of Restricted Stock will vest, which means that the restrictions imposed on your shares will be removed and the shares will no longer be subject to a risk of forfeiture. Federal income tax rules apply to Restricted Stock. These and other conditions affecting your Restricted Stock are described in this Award Agreement, the Plan and the Prospectus, all of which you should read carefully. Grant Date: Your shares of Restricted Stock were issued on [Date]. This is the date you begin to earn your Award.
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