Sharing of awards Sample Clauses

Sharing of awards. RCT shall be entitled to keep all damages that it asserted and was awarded in such suit or proceeding. If the other party hereunder participates in such suit or proceeding, the other party shall have the right to keep any damages that it asserted and was awarded. Punitive damages awarded shall be retained by the party to whom such damages are awarded or, if the parties are jointly awarded punitive damages, such damages shall be shared in the proportion that each party's normal damages bear to the total damages awarded.
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Sharing of awards. After deducting from any award or recovery in such suit or legal proceeding all out-of-pocket expenses incurred by Orphan in such suit or legal proceedings, the other party shall then pay to RCT out of any recovery and damages awarded, including without limitation punitive damages, the reasonable royalties that were awarded in such suit or proceeding. The other party shall then be entitled to retain for its own account the balance of such recovery awarded as damages. Punitive damages awarded and remaining, if any, shall be retained by the party to whom such damages are awarded or, if the parties are jointly awarded punitive damages, such damages shall shared in the proportion that each party's normal damages bear to each other.
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Sharing of awards. Any award of damages granted in a legal proceeding covered by this Article Nine shall [ * ].
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Sharing of awards. LICENSOR shall be entitled to keep all damages that it asserted and was awarded in such suit or proceeding. If LICENSEE participates in such suit or proceeding, LICENSEE shall have the right to keep any damages that it asserted and was awarded. If LICENSEE participates in such suit or -legal proceeding, punitive damages awarded shall be retained by the party to whom such damages are awarded or, if the parties are jointly awarded punitive damages, such damages shall be shared in the proportion that each party's normal damages bear to the total damages awarded to LICENSOR and LICENSEE, collectively.
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Sharing of awards. After deducting from any award or recovery in such suit or legal proceeding all out-of-pocket expenses incurred by LICENSEE in such suit or legal proceedings, LICENSEE shall then pay to LICENSOR out of any recovery and damages awarded, including without limitation punitive damages, the amount of royalties that would have been paid by LICENSEE to LICENSOR had such infringing products been SOLD by LICENSEE at LICENSEE's customary price for such product in the countries in which such infringing products were SOLD by the Infringer. LICENSEE shall then be entitled to retain for its own account the balance of such recovery awarded as damages. Punitive damages awarded and remaining, if any, shall be retained by the party to whom such damages are awarded or, if the parties are jointly awarded punitive damages, such damages shall be shared in the proportion that each party's normal damages bear to each other.
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Sharing of awards. Any award of damages granted in a legal proceeding ----------------- covered by this Article 11 shall be used to reimburse [ * ] and [ * ] if it was required to join as a necessary party, for [ * ].
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Sharing of awards. Any award of damages granted in a legal proceeding ----------------- covered by this Article 11 [*] [*] designates portions of this document that have been omitted pursuant to a request for confidential treatment filed separately with the Commission.
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Sharing of awards. Any award granted in a legal proceeding covered by Section 12.4.1
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Sharing of awards 
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Related to Sharing of awards

  • Vesting of Awards In the event of a Change in Control, the surviving or successor entity (or its parent corporation) may continue, assume or replace awards granted to the Executive under the terms of the 2013 Equity Plan that are outstanding as of the Change in Control, and such awards or replacements therefore shall remain outstanding and be governed by their respective terms. If and to the extent that outstanding awards granted to the Executive under the terms of the 2013 Equity Plan are not continued, assumed or replaced in connection with a Change in Control, then the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. With respect to outstanding awards granted to the Executive under the terms of the 2013 Equity Plan that are subject to performance-based vesting conditions, the level of achievement of the performance-based vesting conditions shall be measured consistent with the original terms of the award to preserve the intent of the metrics, and to the extent performance can no longer be reasonably measured consistent with the original terms, the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. The reference to "fully vested" in connection with any award subject to performance-based vesting conditions refers to vesting at the maximum level of achievement of the performance goal or goals under the award.

  • Payment of Awards The payment of the Award shall be made in shares of Common Stock. The payment of an Award shall be made within 70 days following the end of the Restricted Period.

  • Settlement of Awards Pursuant to Section 5 of this Agreement, the Corporation shall deliver to the Employee one Share for each vested Restricted Stock Unit included in the Award and, as applicable, one share for each vested Restricted Stock Unit that corresponds to an accrued dividend equivalent. Any vested Restricted Stock Units payable to the Employee (including Shares payable pursuant to Section 3 above) shall be paid solely in Shares. Any fractional Share will be rounded to the closest whole Share.

  • Forfeiture of Awards The Restricted Stock Units granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee or as required by applicable law, and are otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

  • Vesting of Award Subject to Section 2(b) below and the other terms and conditions of this Agreement, this Award shall become vested in three equal annual installments on the first, second and third anniversaries of the date hereof. Unless otherwise provided by the Company, all dividends and other amounts receivable in connection with any adjustments to the Shares under Section 4(c) of the Plan shall be subject to the vesting schedule in this Section 2(a).

  • Grant of Awards In accordance with the Plan, and effective as of the date of this Agreement (the “Date of Grant”), the Company hereby grants to the Participant, subject to the terms and conditions of the Plan and this Agreement, an award of _____________________ (______) shares of Common Stock (the “Restricted Stock Award”).

  • Awards Any Award made shall be paid to Landlord, and Tenant hereby assigns to Landlord, and waives all interest in or claim to, any such Award, including any claim for the value of the unexpired Term; provided, however, that Tenant shall be entitled to receive, or to prosecute a separate claim for, an Award for a temporary taking of the Premises or a portion thereof by a Condemnor where this Lease is not terminated (to the extent such Award relates to the unexpired Term), or an Award or portion thereof separately designated for relocation expenses or the interruption of or damage to Tenant’s business or as compensation for Tenant’s personal property, Trade Fixtures or Alterations.

  • Equity-Based Awards For each calendar year during the Term, the Executive shall be eligible to participate in and receive equity-based awards under the Company’s 2014 Stock Incentive Plan, and any and all successor or replacement plans as may be determined by the Board or the Committee (collectively, “Incentive Plan”).

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • Equity Incentive Awards Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board. In the event of a Change of Control (as defined in the Redwood Trust, Inc. Executive Deferred Compensation Plan) in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

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