Affected Award definition

Affected Award means each Stock-Based or Cash-Based Award held by Executive immediately prior to a Change in Control Qualifying Termination, other than Cash-Based Awards being used on an annual basis in place of an annual bonus described in Section 4(b)(i)(2) or incorporated into Section 5(i), as applicable.
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Affected Award means each Stock-Based Award held by Executive immediately prior to a Change in Control Qualifying Termination.
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Examples of Affected Award in a sentence

  • In the event Executive holds an Affected Award requiring exercise, the Company shall give Executive adequate notice and opportunity to exercise the Affected Award.

  • Notwithstanding the foregoing, to the extent permitted by the equity plan under which an Affected Award was granted, nothing in this Agreement shall preclude the Company from accelerating the vesting and exercisability of any or all Affected Awards to an earlier period, and terminating unexercised awards as provided under the equity plan.

  • In the event a Participant holds an Affected Award requiring exercise, the Company shall give the Participant adequate notice and opportunity to exercise the Affected Award.

  • Solely for purposes of illustration, and not by way of limitation, Appendix I to the Plan provides an example of how the accelerated vesting and exercisability provisions of this Section 4 would operate under a Change in Control Affected Award.

  • Notwithstanding the foregoing, to the extent permitted by the equity plan under with the Stock-Based Award was granted, nothing in this Agreement shall preclude the Company from accelerating the vesting and exercisability of an Affected Award to an earlier period, and terminating unexercised awards as provided under the equity plan.

  • For any Change in Control Affected Award, except as provided in subsection 4(c) below, the Participant shall not be entitled to any additional acceleration of vesting provided for under the equity incentive plan pursuant to which such Change in Control Affected Award was granted.

  • Each Stock-Based Award held by the Participant immediately prior to a Qualifying Termination (an "Affected Award") shall become fully vested and exercisable immediately prior to the Qualifying Termination.

  • Notwithstanding the foregoing, to the extent permitted by the equity plan under which the Stock-Based Award was granted, nothing in this Agreement shall preclude the Company from accelerating the vesting and exercisability of an Affected Award to an earlier period, and terminating unexercised awards as provided under the equity plan.

  • For any Change in Control Affected Award, the Participant shall not be entitled to any additional acceleration of vesting provided for under the equity incentive plan pursuant to which such Change in Control Affected Award was granted.

Related to Affected Award

  • Affected unit means a department, shift, or other organizational unit of 2 or more employees that is designated by an employer to participate in a shared-work plan.

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • share-based award means an award under an equity incentive plan of equity-based instruments that do not have option-like features, including, for greater certainty, common shares, restricted shares, restricted share units, deferred share units, phantom shares, phantom share units, common share equivalent units, and stock.

  • Performance-Based Award means any Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Other Equity-Based Award means an Award that is not an Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, or Performance Share Award that is granted under Section 10 and is payable by delivery of Common Stock and/or which is measured by reference to the value of Common Stock.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Other Share-Based Award means a right, granted under Section 5(h), that relates to or is valued by reference to Shares.

  • Cash Award means an award denominated in cash.

  • Final Award means, in the context of this Request for Proposals and all its attendant documents, that point at which the final required signature on the contract(s) resulting from the procurement has been affixed to the contract(s) thus making it fully executed.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Affected source means a source that includes one or more affected units.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;

  • Stock-Based Award means any Award, denominated in Shares, made pursuant to this Plan, including Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Units, Performance Awards or Other Stock-Based Awards.

  • PSU means Public Sector Undertaking

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Other Stock-Based Award means any right granted under Section 6(f) of the Plan.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Performance Unit Award means an award of Performance Units under this Plan.