Stock and Special Recognition Awards Sample Clauses

Stock and Special Recognition Awards. Executive's restricted stock award granted February 16, 1999 shall be fully vested as of January 15, 2000. Executive's Special Recognition Awards which would otherwise vest on October 22, 2000, and April 21, 2001 shall vest on January 15, 2000 and, unless Executive elects on or before December 31, 1999, to have the amount of such awards paid in cash as of January 15, 2000, such amount will be credited as of that date to the Executive's account under the Deferred Compensation Plan. Such amounts shall be subject to all applicable withholding and deductions. Each of Executive's outstanding stock options become exercisable, if not already exercisable, on January 15, 2000 and shall continue to be exercisable until the earliest of (i) January 15, 2005 (ii) the expiration date of the option, or (iii) the date on which Executive violates the provisions of Paragraph 9 below, determined without regard to the eighteen-month time limitation otherwise applicable under Paragraphs 9(b) and 9(c) below.
Sample 1
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Related to Stock and Special Recognition Awards

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  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Stock Incentives Executive shall be entitled to such vesting or other benefits as are provided by the award agreement pertaining thereto.

  • Awards 1. The disputing parties may agree on a resolution of the dispute at any time before the tribunal issues its final award. 2. Where a tribunal makes a final award against either of the disputing parties, the tribunal may award, separately or in combination, only: (a) monetary damages and any applicable interest; and (b) restitution of property, in which case the award shall provide that the disputing Member State may pay monetary damages and any applicable interest in lieu of restitution. 3. A tribunal may also award costs and attorneys fees in accordance with this Agreement and the applicable arbitration rules. 4. A tribunal may not award punitive damages. 5. An award made by a tribunal shall have no binding force except between the disputing parties and in respect of the particular case. 6. Subject to paragraph 7 and the applicable review procedure for an interim award, the disputing party shall abide by and comply with an award without delay. (15) 7. The disputing party may not seek enforcement of a final award until: (a) in the case of a final award under the ICSID Convention: (i) 120 days has elapsed from the date the award was rendered and no disputing party has requested revision or annulment of the award; or (ii) revision or annulment proceedings have been completed; (b) in the case of a final award under the ICSID Additional Facility Rules, the UNCITRAL Arbitration Rules, or the rules selected pursuant to Article 33(1)(e): (i) 90 days have elapsed from the date the award was rendered and no disputing party has commenced a proceeding to revise, set aside, or annul the award; or (ii) a court has dismissed or allowed an application to revise, set aside, or annul the award and there is no further appeal. 8. A claim that is submitted for arbitration under this Section shall be considered to arise out of a commercial relationship or transaction for purposes of Article 1 of the New York Convention. 9. Each Member State shall provide for the enforcement of an award in its territory.

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