Award Value definition

Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.
Award Value means, with respect to any RSUs, an amount equal to the number of RSUs, as such number may be adjusted in accordance with the terms of this Plan, multiplied by the Fair Market Value of the Shares;
Award Value means such percentage of annual base salary or such other amount as may be determined from time to time by the Board as the original value of the Award to be paid to a Participant and specified in the Participant’s Award Agreement;

Examples of Award Value in a sentence

  • The formula is: Total NCAF = Total Award Value * NCAF Percentage.

  • The Award shall represent and have a Maximum Award Value as specified on the executed cover page of this Award.

  • The number of Restricted Stock Units that are ultimately earned pursuant to the Award (if any) will be determined based on the Initial Award Value and the procedures and calculations set forth in this Agreement.

  • Award Value: · One-third of the total targeted annual grant value will be provided in time-based RSA’s.

  • To the extent that any Federal Insurance Contributions Act tax withholding obligations arise in connection with the Award prior to the Determination Date, the Administrator shall accelerate the payment of a portion of the Award Value sufficient to satisfy (but not in excess of) such tax withholding obligations and any tax withholding obligations associated with any such accelerated payment, and the Administrator shall withhold such amounts in satisfaction of such withholding obligations.


More Definitions of Award Value

Award Value shall have the meaning set forth in Section 2.1(a) hereof.
Award Value means the sum of (i) the FFO Award Value and (ii) the value, calculated as of the Valuation Date, of the TRS Shares.
Award Value means the initial value of the Award in the currency as set out in the Award Statement.
Award Value means, with respect to any Bonus Award, an amount equal to the value of a notional number of Common Shares granted pursuant to such Bonus Award, as such number may be adjusted in accordance with the terms of the Plan, multiplied by the Fair Market Value of a Common Share;
Award Value means the target dollar amount for an Award as contemplated by section 3.1 hereof.
Award Value means, with respect to any Incentive Awards, an amount equal to the number of Incentive Awards, as such number may be adjusted in accordance with the terms of the Plan, multiplied by the Fair Market Value of the Common Shares;
Award Value means the amount of an award for future loss plus the amount of any gross-up added to the award.