Common use of Summary of Award Clause in Contracts

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability of your Award, are included in the 2012 LTIP. Terms applicable to the exercisability and forfeitability of your Option are included in Appendix A to this Agreement.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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Summary of Award. Your Award will include Restricted Stock, Stock and a Performance Award and a Nonqualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability of your Award, are included in the 2012 2009 LTIP. Terms applicable to the exercisability and forfeitability of your Option are included in Appendix A to this Agreement.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Non-Qualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and Award, the forfeitability exercisability of your Award, Option are included in the 2012 2019 LTIP. Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, Stock and a Performance Award and a Nonqualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, Stock and the vesting and form of payment, if any, of your Performance Award and the forfeitability of your Award, are included in the 2012 LTIPTAP. [Terms applicable to the exercisability vesting and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.]

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Non-Qualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability exercisability of your AwardOption, are included in the 2012 2018 LTIP. [Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.]

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Non-Qualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability exercisability of your Award, Option are included in the 2012 2020 LTIP. Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines, Inc.)

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Non-qualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability excercisability of your Award, Option are included in the 2012 2016 LTIP. Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Non-Qualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability exercisability of your AwardOption, are included in the 2012 2017 LTIP. [Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.]

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability exercisability of your AwardOption, are included in the 2012 2014 LTIP. [Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.]

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Non-qualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability exercisability of your Award, Option are included in the 2012 2015 LTIP. [Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.]

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, Stock and a Performance Award and a Nonqualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability of your Award, are included in the 2012 2011 LTIP. Terms applicable to the exercisability and forfeitability of your Option are included in Appendix A to this Agreement.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Summary of Award. Your Award will include Restricted Stock, a Performance Award and a Nonqualified Stock Option (the “Option”) as described below. Terms applicable to your Award, including the lapsing of the Restrictions on your Restricted Stock, the vesting and form of payment, if any, of your Performance Award and the forfeitability exercisability of your AwardOption, are included in the 2012 2013 LTIP. [Terms applicable to the vesting, exercisability and forfeitability payout of your Option Award upon a Termination of Employment are included in Appendix A to this Agreement.]

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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