Annual Restricted Stock Grant definition

Annual Restricted Stock Grant means the grants made to Non-Employee Directors each November 15, pursuant to Sections 5 and 6 hereof.
Sample 1Sample 2Sample 3
Annual Restricted Stock Grant means the dollar value to be delivered in the form of an annual award of Restricted Stock under the Plan, as set forth on Schedule I hereto and as may be amended from time to time be the Board.
Sample 1Sample 2Sample 3
Annual Restricted Stock Grant as used in the Amended Employment Agreement shall, with respect to the fiscal years commencing January 1, 2022, January 1, 2023 and January 1, 2024, are hereby modified to refer to “Annual Restricted Stock Unit Grant”.
Sample 1

Examples of Annual Restricted Stock Grant in a sentence

  • Each Prorated Restricted Stock Grant shall fully vest and no longer be subject to forfeiture to the Company on the first anniversary of the date of grant for the then last Annual Restricted Stock Grant granted hereunder.

  • Each Annual Restricted Stock Grant shall fully vest and no longer be subject to forfeiture to the Company on the first anniversary of the date of grant.

  • Beginning on the Annual Restricted Stock Grant Date in 1998, the Chairman of the Board shall receive a 5,000 share restricted stock grant.

  • Subject to the provisions of Section 9 hereof, 1,000 shares of restricted Common Stock shall be granted automatically to each eligible director on the first business day immediately following each annual meeting of the Company's shareholders (the "Annual Restricted Stock Grant Date") held during the term of the Plan beginning with the 1998 annual meeting of shareholders and, in addition, each Committee Chairman shall receive an additional 1,000 shares of restricted stock.

  • Fathers are assumed to have the best interests of their children at heart, and so colonial powers presented themselves as the wiser but benevolent leaders of an infantile people.

  • The number of shares in the Annual Restricted Stock Grant shall be determined by (i) dividing the Annual Restricted Stock Grant dollar value as in effect for that Plan Year by the Fair Market Value of the Class D Stock on the Annual Grant Date, and (ii) rounding to the nearest whole number.

  • A pro rata Annual Restricted Stock Grant will be paid to any person who becomes an Eligible Participant on a date other than the beginning of a Plan Year, based on the number of full months remaining in the Plan Year prior to the next Annual Meeting.

  • The Annual Restricted Stock Grant shall be granted on the third business day following the date of the Annual Meeting at which an Eligible Participant is elected or re-elected to the Board (the “Annual Grant Date”).

  • You will have no additional right to an Annual Restricted Stock Grant from the merged companies in respect of the period to 31 March 2008 but rather will become entitled to participate in the Sims LTI for 200% of Base Remuneration, effective from 1 July 2008 but subject to approval of shareholders at the 2008 Annual General Meeting of Sims and thereafter to annual grants under the Sims LTI.

  • Each Annual Restricted Stock Grant presented to a Non-Employee Director shall entitle the recipient to purchase 2,000 shares of Restricted Stock.

Related to Annual Restricted Stock Grant

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Restricted Share Award means an award of Restricted Shares.

  • Company Restricted Stock means all shares of Company Common Stock, subject to vesting or other restrictions, whether granted pursuant to the Company Stock Plans or otherwise.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

  • Stock Grant means the grant of shares of Stock not subject to restrictions or other forfeiture conditions.

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

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

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.