One-Time Award Sample Clauses

One-Time Award. The Awards and underlying Shares are extraordinary, one-time Awards granted to the Israeli Participants, and are not and shall not be deemed a salary component for any purpose whatsoever, including in connection with calculating severance compensation under applicable law. MongoDB, Inc. (the “Company”) hereby grants you the following Option to purchase shares of its Class A common stock (“Shares”). The terms and conditions of this Option are set forth in the Stock Option Agreement and the 10Gen, Inc. 2008 Stock Incentive Plan, including its Sub-Plan for Israeli Participants (together the “Plan”), both of which are attached to and made a part of this document. Date of Xxxxx: [Date of Grant] Name of Optionee: [First Name Last Name] Number of Option Shares: [Options Granted] Exercise Price per Share: [Exercise Price] (The Exercise Price per Share of an Option shall not be less than one hundred percent (100%) of the Fair Market Value of a Share on the date of grant. Vesting Start Date: [Vesting Start Date]
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One-Time Award. 6.1 This is a one-time only Award subject to the terms and conditions agreed to herein. This award does not imply nor obligate any future funding commitment on the part of LACMTA.
One-Time Award. On June 11, 2018, Executive shall be granted a restricted stock unit award under the Company’s 2015 Omnibus Incentive Plan covering a number of shares of the Company’s common stock with a value of $1,250,000 based on the per-share closing price of the Company’s common stock on June 11, 2018. Such award shall have the terms and conditions specified by the Company, and shall vest, assuming continued employment, to the extent of 25% of the award on the one-year anniversary of the date of grant, 25% of the award on the two-year anniversary of the date of grant, and the remaining 50% of the award on the three-year anniversary of the date of grant.
One-Time Award. The Bank shall make a One-Time Award payment to the Executive in the amount of $30,000 (Thirty Thousand Dollars). The payment shall be effective as of June 30, 2000. One full Plan Year of interest shall be credited on this amount pursuant to Section 3.1.4.
One-Time Award. This Award represents a one-time, discretionary award and shall not in any way be considered as part of Participant’s employment compensation, wages, entitlements, or any other similar compensation or benefits plan or scheme. Eligibility for awards under the Plan are determined by the Administrator in its sole discretion and eligibility for, or receipt of, an award in a certain fiscal year does not imply or guarantee entitlement to an award in any future fiscal years.
One-Time Award. On July 1, 2008, an award of 15,000 shares of restricted stock shall be granted to the Executive under the Quaker Chemical Corporation 2006 Long-Term Performance Incentive Plan (the “2006 LTIP”). On each of the first five anniversaries of July 1, 2008, the Executive shall become vested with respect to 3,000 shares covered by the restricted stock award; provided, however, that the Executive shall forfeit any unvested shares of restricted stock on the Executive’s Termination of Service (as defined in the 2006 LTIP).
One-Time Award. Subject to approval of the Human Resources and Compensation Committee, as an inducement for your employment as President US Business Unit, you will be entitled to receive a one-time LTI award equivalent to $300,000 when the 2013 annual awards are made to other senior executives of the Company. The one-time LTI award, including the vesting terms, will be governed by the Plan and your award agreement.
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One-Time Award. A recommendation will be made to the Stock Plan Subcommittee of the Compensation Committee at its regularly scheduled meeting in September 2012, to grant to the Executive as discussed in Section 3(c) above, a one-time award of restricted stock units and stock options, with the number of units to be determined in accordance with procedures generally utilized by the Company for its financial reporting at the time of grant.
One-Time Award. In recognition of the Executive’s strategic leadership of Mylan N.V. prior to the consummation of the transactions contemplated by the Business Combination Agreement, the Executive’s outstanding performance in connection with the consummation of the transactions contemplated by the Business Combination Agreement and the Executive’s willingness to serve as Executive Chairman to lead the strategy for Viatris and his expected leadership, direction and efforts following the closing of the Business Combination Agreement, the Executive shall receive a lump-sum cash payment of $10 million, which shall be payable no later than the first payroll date following the Effective Date.

Related to One-Time Award

  • Restricted Stock Unit Award The Grantee is hereby granted NUMBER OF SHARES restricted stock units (the "Restricted Stock Units"). Each Restricted Stock Unit represents the right to receive one share of the Company's Common Stock, $.001 par value (the "Stock"), subject to the terms and conditions of this Agreement and the Plan.

  • 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. 

  • Equity Award The Executive will be eligible to receive equity awards, if any, at such times and on such terms and conditions as the Board shall, in its sole discretion, determine.

  • RSU Award An RSU Award shall be similar in nature to a Restricted Stock Award except that no shares of Stock are actually transferred to the Holder until a later date specified in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a share of Stock.

  • Performance Shares Each Performance Share is a bookkeeping entry that records the equivalent of one Share. Upon the vesting of the Performance Shares as provided in Section 2, the vested Performance Shares will be settled as provided in Section 3.

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

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • 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 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; Time Whenever any performance obligation hereunder (other than a payment obligation) shall be stated to be due or required to be satisfied on a day other than a Business Day, such performance shall be made or satisfied on the next succeeding Business Day. In the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including”; the words “to” and “until” each mean “to but excluding”, and the word “through” means “to and including.” If any provision of this Agreement refers to any action taken or to be taken by any Person, or which such Person is prohibited from taking, such provision shall be interpreted to encompass any and all means, direct or indirect, of taking, or not taking, such action.

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