Award Payout definition
Award Payout means the applicable Share issuance in respect of a vested Restricted Share Unit pursuant and subject to the terms and conditions of this Plan and the applicable Award;
Award Payout means the amount, if any, that is paid to a Participant as determined pursuant to Section 6 of this XIP.
Award Payout means, for any Award Cycle, the cash award that a Participant is eligible to receive under the VMP for that Award Cycle.
Examples of Award Payout in a sentence
Award Payout: Your PEP award payout will range from 0% to 200% of target based on attainment of performance goals and your continued employment, and payment will generally be in the form shares of AECOM common stock.
More Definitions of Award Payout
Award Payout means the amount of the Award earned for a Performance Period as determined pursuant to Section V.A.
Award Payout means the number of PSUs and PSOs earned by a Participant as determined by the Committee.
Award Payout. Each RSU represents the right to receive one share of AECOM common stock on the Settlement Date, subject to the conditions set forth in the Plan Documents. The payout will be reduced for any required tax withholding unless you elect in advance of vesting to pay the taxes yourself and have sufficient cash balances within your personal ▇▇▇▇▇▇▇ ▇▇▇▇▇ brokerage account to remit the amount of the required statutory tax withholding to AECOM at the time that such tax withholding is due (or make other arrangement to timely satisfy such obligations as may be permitted under the Plan Documents). The remaining AECOM shares earned (net of applicable taxes) will be deposited into your ▇▇▇▇▇▇▇ ▇▇▇▇▇ brokerage account as soon as administratively possible, but in no event later than the 15th day of the third month following the Scheduled Vesting Date (or if RSUs vest in connection with a Severance-Eligible Termination or an employment termination due to death or disability, no later than the 15th day of the third month following such termination, with the exact date of settlement within such payment window determined by the Administrator in its sole discretion).
Award Payout means the amount a Participant is paid under the Plan for a Fiscal Year as determined by the Committee.
Award Payout means the total payment, if any, made to a Participant in cash or in Shares, as shall be determined by the Committee prior to the payment date, upon the vesting of Performance Units at the conclusion of a Performance Period. The Award Payout shall be the product of (i) the number of Performance Units that comprise the Award multiplied by (ii) the Unit Payout Factor multiplied by (iii) the stated dollar value of each Performance Unit.
Award Payout means the applicable Share issuance or cash payment in respect of a vested RSU pursuant and subject to the terms and conditions of this Plan and the applicable Award;
Award Payout. As provided in the Performance Objectives and Earnout Schedule, your PEP award can pay out anywhere from 0% to 200%. Each AECOM share payout will be reduced by the dollar amount of the statutory tax withholding required at time of vesting unless you elect to pay the taxes yourself. The remaining AECOM shares from each share payout will be deposited into your personal ▇▇▇▇▇▇▇ ▇▇▇▇▇ brokerage account. Awards are paid exclusively in AECOM stock (net of statutory tax withholding requirements unless you elect to pay the taxes yourself) as soon as administratively possible, but in no event later than 70 days following the vesting date. You can review your PEP award online anytime at ▇▇▇▇▇▇▇ ▇▇▇▇▇ (▇▇▇.▇▇▇▇▇▇▇▇.▇▇.▇▇▇). You must accept your PEP grant online at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇.▇▇▇ before you can receive payment of your vested PEP award. If you are a new PEP recipient, you will be receiving an Account Assignment letter from ▇▇▇▇▇▇▇ ▇▇▇▇▇ with a PIN number that you will need to access your ▇▇▇▇▇▇▇ ▇▇▇▇▇ online account. If you have any problems accessing the website, please contact a ▇▇▇▇▇▇▇ ▇▇▇▇▇ representative at (▇▇▇) ▇▇▇-▇▇▇▇ or from outside the U.S., use the AT&T country code plus +1 (877) MER-4ACM [▇▇▇-▇▇▇▇], or dial direct: +▇ (▇▇▇) ▇▇▇-▇▇▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ representatives are available 24 hours a day, seven days a week to answer your questions. You can also review the following materials on the ▇▇▇▇▇▇▇ ▇▇▇▇▇ website (▇▇▇.▇▇▇▇▇▇▇▇.▇▇.▇▇▇): ◾ PEP21 Grant Award Agreement ◾ 2020 Stock Incentive Plan ◾ Managing Your Performance Earnings Program brochure The information provided above is a summary of the plan rules. If any conflict should arise between this document and the official plan documents, the official plan documents will always govern. If you have any questions regarding these documents or your PEP award, please contact: ▇▇▇▇ ▇▇▇▇ Director, Executive Compensation – Total Rewards ▇▇▇▇.▇▇▇▇@▇▇▇▇▇.▇▇▇ These Standard Terms and Conditions apply to any Award of Performance Earnings Program (“PEP”) units granted to an employee of the Company on or after March 10, 2020, under the AECOM 2020 Stock Incentive Plan, as may be amended from time to time (the “Plan”), which are evidenced by a Term Sheet or an action of the Administrator that specifically refers to these Standard Terms and Conditions.