Payment of Incentive Award. The Incentive Award shall be paid to the Participant in the form of 50 percent cash and 50 percent common stock of the Company after required tax withholding. Participants who have stock ownership guidelines in place and have met the guidelines established may elect to receive the payment 100 percent cash after required tax withholding. Stock utilized for any Incentive Award will be from shares authorized under the Plan. The value of stock to be included in any Incentive Award shall be determined by reference to the closing price of such stock on the New York Stock Exchange on the last trading day on which such shares were traded preceding the date the Incentive Awards are paid.
Payment of Incentive Award. The Incentive Award shall be paid to the Participant in the form of cash after required tax withholding.
Payment of Incentive Award. The Incentive Award, to the extent vested, shall be payable to Participant in two equal installments, with the first installment (i.e., $18,750,000) to be paid within thirty (30) days following the date on which the annual audited financial statements of the Company are delivered to the Company and approved by the Board (the date on which payment is made, the “First Payment Date”), and the second installment ($18,750,000) to be paid on the first anniversary of the First Payment Date. For the avoidance of doubt, the Incentive Award, to the extent vested under Section 2 above, will be paid to Participant whether or not Participant remains in employment with the Company or any Affiliate on the applicable payment date. Payment shall be made in the following form(s):
Payment of Incentive Award. Payment with respect to the Incentive Award shall be made in cash as soon as practicable after the final results of the Company’s financial performance for fiscal 2006 (which may be unaudited) have been approved by the Board and publicly announced, but in no case later than 74 days after the end of the fiscal year.
Payment of Incentive Award. (a) The Incentive Award shall be paid in two installment payments. The first installment will be 25% of the total incentive award and paid on the next regular payroll date following [●]. The second installment will be 75% of the total incentive award and will be paid on a regular payroll date within 30 days following the effective date of the completion of a strategic transaction as determined by the Vista Outdoor Board of Directors (the “Final Payment Date”).
Payment of Incentive Award. Settlement Class Counsel intends to ask the Court to award Class Plaintiff Xxxxxx Xxxxxxxx $9,900 for her time and effort in prosecuting this class action on behalf of the absent Class members. AOL agrees to take no position before the Court on Settlement Class Counsel’s request. AOL further agrees that Xx. Xxxxxxxx shall be treated solely for purposes of this Settlement as entitled to a Tier 2 payment and as having elected to receive such an award.
Payment of Incentive Award. By no later than fifteen (15) calendar days after the Final Settlement Approval Date, Telebrands will pay by wire transfer to Plaintiff’s Counsel an amount equal to the Incentive Award, as ordered by the Court pursuant to paragraph
Payment of Incentive Award. The Incentive Award, to the extent vested and payable in accordance with Section 2 above, shall be paid to Participant in two equal installments, with the first installment to be paid, except as set forth in Section 2(d), within thirty (30) days following the date on which the annual audited financial statements of the Company are delivered to the Company and approved by the Board for the year in which the Performance Vesting Date occurs (the date on which payment is made, the “First Payment Date”), and the second installment to be paid on the first anniversary of the First Payment Date (the “Second Payment Date”). Payment of each installment of the Incentive Award shall be made entirely in cash.
