Annual Awards definition

Annual Awards means Stock Awards granted to each Eligible Director pursuant to Section 8(c)(ii).
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Annual Awards means those awards designated in Rule 20 of these Rules as being Annual Awards.
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Annual Awards and each an “Annual Award”). On an annual basis, beginning in 2025, the aggregate value of the target Time-Based Unit Awards and Performance-Based Unit Awards (each, hereinafter defined), calculated in the manner set forth below, shall not be less than $4,440,000 (to be allocated 35% as Time-Based Unit Awards and 65% as Performance-Based Unit Awards (at target level performance), unless such allocation is otherwise changed by the Committee).
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Examples of Annual Awards in a sentence

  • The Annual Awards shall be made on terms and conditions that are consistent with those on which awards are made to other executive officers of the Company, except as the Compensation Committee may otherwise specify in its sole discretion.

  • For purposes of this Agreement, “Award Agreement” will mean the form of award agreement entered into between Executive and the Company in connection with the Special Grant and Annual Awards.

  • Highest Incentive Compensation" means the greater of the Executive's Potential Annual Award for the Executive's Incentive Group for (a) the Termination Year or (b) the average of the actual Annual Awards for the three years prior to the Termination Year.

  • Effective January 1, 2003, the Long Term Incentive Plan was amended, restated and renamed to the Executive Incentive Plan (as previously defined in Section 2, clause (b), the “Plan”) to provide not only for long term incentive cash grants but also to include the Annual Awards referred to above.

  • Amount of Gift $ 🞏 Endowment Fund 🞏 Operations 🞏 Grants 🞏 Special Project/Other Details: (Authorized Signature) (Date) 🞏 Recognize our Fund 🞏 Our Donation is Anonymous 🞏 Please Distribute ASAP 🞏 Please Distribute at the Annual Awards Ceremony Date Received: Confirmation to Advisor of receipt: Phone/Fax/E-mail Date: WCF Approval: Ck#: Date Processed: Confirmation to Advisor of distribution: Date: Please indicate your recommended investment allocation below.

  • Notwithstanding the provisions of the previous paragraph (i) to the contrary, Annual Awards granted to the Executive prior to the Effective Date shall continue to be governed by the terms and conditions of the Previous Agreement.

  • In the event of termination due to such expiration, granting and vesting of all Annual Awards and options and shares, including without limitation the PVRS, will cease as of the date of such termination.

  • Effective January 1, 2003, the Long Term Incentive Plan was amended, restated and renamed the Executive Incentive Plan to provide not only for long term incentive cash grants but also to include the Annual Awards referred to above.

  • Amount of Gift $  Endowment Fund  Operations  Grants  Special Project/Other Details: (Authorized Signature) (Date)  Recognize our Fund  Our Donation is Anonymous  Please Distribute ASAP  Please Distribute at the Annual Awards Ceremony Date Received: Confirmation to Advisor of receipt: Phone/Fax/E-mail Date: WCF Approval: Ck#: Date Processed: Confirmation to Advisor of distribution: Date: Please indicate your recommended investment allocation below.

  • The benefits set forth in this Section 4.3(e) shall be in addition to any payments that would otherwise be payable under Section 4.3(b), including any acceleration of or continuation of vesting of any unvested Equity Awards in respect of LTIP Annual Awards actually granted to the Executive prior to the date of termination (i.e., in respect of fiscal years prior to the fiscal year immediately preceding termination).

Related to Annual Awards

  • Annual Award means any Award referred to as an Annual Award in the Award Statement.

  • Performance Awards means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be cash- or stock-denominated and may be settled for cash, Shares or other securities or a combination of the foregoing under Section 10.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.