Common use of Terms of Award Clause in Contracts

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The “Participant” is <Name>. (b) The “Grant Date” is February 21, 2024. (c) The number of “Covered Units” granted under this Agreement is <shares> Units. Each “Unit” represents the right to receive one Share on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 22, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Restricted Stock Agreement (Assured Guaranty LTD)

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Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The "Participant" is <Name>.________________________________ (b) The "Grant Date" is February 217, 20242013. (c) The number of “Covered Units” granted under this Agreement is <shares> _____ Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Executive Restricted Stock Unit Agreement (Assured Guaranty LTD)

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The "Participant" is <Name>. ________________________________ (b) The "Grant Date" is February 2124, 20242016. (c) The number of “Covered Units” granted under this Agreement is <shares> _____ Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Executive Restricted Stock Unit Agreement (Assured Guaranty LTD)

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The “Participant” is <Name>.is (b) The “Grant Date” is February 219, 20242012. (c) The number of “Covered Units” granted under this Agreement is <shares> Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2220, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Executive Restricted Stock Unit Agreement (Assured Guaranty LTD)

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The "Participant" is <Name>.________________________________ (b) The "Grant Date" is February 2125, 2024.2020 (c) The number of “Covered Units” granted under this Agreement is <shares> _____ Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The "Participant" is <Name>.________________________________ (b) The "Grant Date" is February 2122, 20242017. (c) The number of “Covered Units” granted under this Agreement is <shares> _____ Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Executive Restricted Stock Unit Agreement (Assured Guaranty LTD)

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The "Participant" is <Name>.________________________________ (b) The "Grant Date" is February 215, 20242014. (c) The number of “Covered Units” granted under this Agreement is <shares> _____ Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Executive Restricted Stock Unit Agreement (Assured Guaranty LTD)

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Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The “Participant” is <Name>. (b) The “Grant Date” is February 21[ ], 20242021. (c) The number of “Covered Units” granted under this Agreement is <shares> Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The “Participant” is <Name>. (b) The “Grant Date” is February 2122, 20242023. (c) The number of “Covered Units” granted under this Agreement is <shares> Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)

Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a) The "Participant" is <Name>.________________________________ (b) The "Grant Date" is February 214, 20242015. (c) The number of “Covered Units” granted under this Agreement is <shares> _____ Units. Each “Unit” represents the right to receive one Share share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d) The “Delivery Date” with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant’s death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 2221, elsewhere in this Agreement or the Plan.

Appears in 1 contract

Samples: Executive Restricted Stock Unit Agreement (Assured Guaranty LTD)

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