Award Payment Date definition

Award Payment Date means the date the Committee approves the payout of Common Stock covered by an award under this Subplan to a Participant.

Award Payment Date means the date the shares of Common Stock covered by an award under this Subplan are delivered to a participant.

Award Payment Date means the date which shall occur as soon as practicable following the end of the applicable Performance Period, but no later than the end of the next succeeding fiscal quarter following the end of the applicable Performance Period.

Examples of Award Payment Date in a sentence

• On the Award Payment Date for a Performance Cycle, the Committee shall issue to each Participant the Award, in the form of shares of Common Stock, he or she has earned for such Performance Cycle.

• Although performance across the benchmarks was broadly comparable with the national averages there is a risk that if London was to opt out of the EAN that this gap would further increase in comparison to other LEPs.

• The Awards granted by the Committee for a Performance Cycle shall be paid to Participants on the Award Payment Date for such Performance Cycle.

• In the event a Participant terminates employment due to death, Disability, Retirement or termination of employment for an Approved Reason prior to the Award Payment Date for a Performance Cycle, the Participant shall receive, if Awards are paid for such Performance Cycle and if he or she complies with the requirements of Subsection 13.5(g) through the Award Payment Date, a pro rata Award.

• The amount of the pro rata Award shall be determined by multiplying the Award the Participant would have otherwise been paid if he or she had been a Participant through the Award Payment Date for the Performance Cycle by a fraction, the numerator of which is the number of full months he or she was a Participant during such Performance Cycle over the total number of full months in the Performance Cycle.

More Definitions of Award Payment Date

Award Payment Date means, for each Performance Period, the date that the amount of the Annual Incentive Award for that Performance Period shall be paid to the Participant under Article 5 of the Plan.

Award Payment Date means, for each Performance Period, the date that the amount of the Award for that Performance Period shall be paid to the Participant under Article 8, without regard to any election to defer receipt of the Award made by the Participant under Article 9 of the Plan.

Award Payment Date means, for a Performance Year, the date the Awards for such Performance Year shall be paid to Participants. The Award Payment Date for each Performance Year shall occur as soon as administratively possible following the completion of the Committee’s determinations pursuant to Section 6.3, but in no event later than January 4th following the end of such Performance Year.

Award Payment Date means the date that an Award shall be paid to the Participant under the Plan, without regard to any Participant election to defer receipt of the Award under Section 5.02.

Award Payment Date means, for each Performance Period, the date on which the amount of the Award for that Performance Period would have been paid to the Participant under Section 6 of the Plan, without regard to any election to defer receipt of the Award made by the Participant under Section 8 of the Plan.

Award Payment Date means, for a Performance Cycle, the date the Awards for such Performance Cycle shall be paid to Participants. The Award Payment Date for a Performance Cycle shall occur as soon as administratively possible following the completion of the certifications required pursuant to Subsection 13.5(c).

Award Payment Date means the date upon which payment of an Award is actually made to a Participant, which date shall be selected by the Company or the Committee; provided, however, the Award Payment Date shall be no later than the last day of the calendar year immediately following the Plan Year for which the Award is attributable.