Annual Stock Award definition

Annual Stock Award means the annual award of shares of Stock to Directors.
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Annual Stock Award means an Annual Performance-Based Stock Award or an Annual Time-Based Stock Award.
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Annual Stock Award shall have the meaning assigned to it in Section 3 of Article V.
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Examples of Annual Stock Award in a sentence

  • As additional compensation for the services to be rendered by the Executive pursuant to this Agreement, the Board of Directors agrees to grant to the Executive a stock award of at least 1,000,000 shares of the Company's Common Stock each fiscal year ("Annual Stock Award").

  • Each Annual Stock Award will be made during the applicable time period set forth below.

  • The Committee shall specifically approve each grant of an Annual Stock Award to a continuing director in advance.

  • In accordance with the terms of Article VI, each Director may elect by written notice to the Company to make a deferral election with respect to an Annual Stock Award.

  • This Article VI authorizes the deferred receipt of Common Stock that would otherwise be received due to an Annual Stock Award under Article V, notwithstanding any other provision in the Program to the contrary.

  • One-half of the Deemed Value of each Annual Stock Award shall be payable in the form of non-qualified stock options and the other half shall be payable in the form of restricted stock or restricted stock units, as determined by the Committee on each grant date in accordance with this Agreement.

  • Deferral elections made pursuant to this Article VI shall constitute amendments to the Annual Stock Award to which the deferral elections apply.

  • It shall be unlawful for any person to violate or fail to comply with any provision of the unsafe building abatement code as herein adopted by reference and modified.

  • In the event that the Board of Directors does not establish any goals, conditions and criteria for purposes of the Annual Cash Award and/or the Annual Stock Award in any year, the Bank shall not make an Annual Cash Award and/or an Annual Stock Award, as appropriate, for any such year.

  • If an Independent Director is appointed or elected at any time other than an Annual Meeting, the Independent Director shall not be eligible to receive an Annual Stock Award for any period prior to the first Annual Meeting following his or her appointment or election.


More Definitions of Annual Stock Award

Annual Stock Award means the award of Restricted Stock made under Section 5 of the Stock Plan.
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Annual Stock Award means the award of Restricted Stock made under Section 5(b) of the Stock Plan (which replaces annual awards of stock options to Nonemployee Directors under the Stock Plan and which is separate from the stock portion of the Annual Retainer Fee).
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Annual Stock Award means an annual award of shares of PayPal Holdings common stock granted under the Director Compensation Policy to a Participant who is an Independent Director.
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Annual Stock Award means the aggregate amount of unrestricted Common Stock each Non-Employee Director is entitled to receive for a calendar year under the Plan. The Annual Stock Award may be valued at up to $100,000 annually ($25,000 per quarter).”
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Related to Annual Stock Award

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

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

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

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

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

  • Other Stock Award means an award based in whole or in part by reference to the Common Stock which is granted pursuant to the terms and conditions of Section 6(d).

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

  • 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).

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Stock Award means any right to receive Common Stock granted under the Plan, including an Incentive Stock Option, a Nonstatutory Stock Option, a Restricted Stock Award, a Restricted Stock Unit Award, a Stock Appreciation Right, a Performance Stock Award or any Other Stock Award.

  • 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.

  • 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.

  • Bonus Stock means shares of Common Stock which are not subject to a Restriction Period or Performance Measures.

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

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Plan Share Award means a right granted under this Plan to receive Plan Shares.

  • 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.

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

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

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

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

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

  • Restricted Share Award means an award of Restricted Shares.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • 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.