Examples of Award Share in a sentence
An Award gives a selected participant a conditional right, when the RSU vests, to obtain the Award Share or, if in the absolute discretion of the Board, it is not practicable for the selected participant to receive the Award in Shares, the cash equivalent from the sale of the Award Shares.
If they choose not to comply, the PC, TO, and DP should not be burdened with the responsibility for accommodating them in their UFLS programs.4. The associated standard at the NERC level has been posted for only one comment period.
If you remain employed within the Fletcher Building Group for the three year Qualification Period, you will receive one free Award Share for every two Purchased Shares that you still hold at the end of the Qualification Period.
These additional Shares are referred to as Additional Shares and will also be held in the Plan.• If you remain employed within the Fletcher Building Group (in most circumstances) and retain ownership of your Purchased Shares for three years (the Qualification Period), you will receive one free Share (Award Share) for every two Purchased Shares acquired using Regular Payments made in the first year of the Qualification Period.
You understand, however, that refusing or withdrawing your consent may affect your ability to accept an Award Share.