Examples of Compensatory Award in a sentence
The Compensatory Award Payments shall be paid as soon as practicable following the Effective Time, without interest.
As soon as reasonably practicable after the Effective Time, Parent shall deliver to each holder of any Assumed Company Award or any Cashed Out Compensatory Award an appropriate notice setting forth such holder’s rights pursuant to such Assumed Company Award or Cashed Out Compensatory Award, as applicable.
In the event that a Change in Control does not occur within one year following the Date of Termination as described in the proviso of the preceding sentence, each unvested Compensatory Award shall be immediately forfeited by the Executive.
From and after the Effective Time, any such Cashed Out Compensatory Award shall no longer be exercisable by the former holder thereof, but shall only entitle such holder to the payment of the Compensatory Award Payment, if any.
If you are a Settlement Class Member, you can tell the Court you do not agree with the proposed Settlement, any part of the Settlement, the proposed Plan of Allocation, and/or Lead Counsel’s motion for attorneys’ fees and expenses and application for a Compensatory Award to Lead Plaintiffs.
From and after the Effective Time, any such Terminated Compensatory Award shall no longer be exercisable by the former holder thereof or settleable in shares.
At the Effective Time, each Company Compensatory Award then outstanding under any of the Company Plans shall be treated in accordance with the provisions of Section 6.11.
From and after the Effective Time, any such Cashed Out Compensatory Award shall no longer be exercisable by the former holder thereof or settleable in shares, but shall entitle such holder only to the payment of the Compensatory Award Payment; provided that any Cashed Out Compensatory Award that has an exercise price or purchase price equal to or greater than the Merger Consideration shall be cancelled without any consideration therefor.
The Court may also decide how much should be awarded to Lead Counsel for attorneys’ fees and expenses and a Compensatory Award to Lead Plaintiffs for their service to the Settlement Class.We do not know how long these decisions will take.
Compensatory Award in favor or Claimants: $980,000Claimant asserted breach of contract, negligence, failure to supervise, willful and reckless conduct and breach of fiduciary duty in connection with stock and options transactions in unapproved strategies and unpermitted wire transfers out of Claimant’s account to a gambling casino in connection with criminal actions by the managing partner/trader of the Claimant hedge fund, for which he was imprisoned.