Compensatory Award definition

Compensatory Award means the compensation referred to in section 30 (7) (b)) of the Act;
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Compensatory Award shall have the meaning set forth in Section 5(A)(v).
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Compensatory Award means an award as to compensation made on behalf of the Institute:
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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.

  • The Exchange Fund and the Compensatory Award Fund shall not be used for any other purpose.

  • 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.

  • 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.

  • Each outstanding Company Compensatory Award was granted subject to the terms of a Company Plan.

  • The Compensatory Award Payments will be paid as soon as practicable following the Effective Time, without interest.


More Definitions of Compensatory Award

Compensatory Award means any award of stock options, stock appreciation rights, restricted stock or restricted stock units, or any other compensatory stock award granted by a Group Member or its Control Group members to current or former employees, consultants, advisors or directors of a Group Member or its Control Group members as compensation for services provided.
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Compensatory Award means the requested reimbursement to Plaintiffs for their
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Compensatory Award means an award by the Court to Lead its time and expenses incurred in assisting in the prosecution of this
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Compensatory Award means a payment to the Plaintiffs from the Settlement Fund for the time and expenses expended by the Plaintiffs in assisting Lead Counsel in the litigation of this Action, as further described in ¶ 9.0
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Related to Compensatory Award

  • Compensatory Time means time off with pay for authorized overtime worked in lieu of hourly wages, calculated in accordance with Article 15 of this Agreement.

  • Company RSU Award means each award of restricted stock units with respect to Shares granted under the Company Equity Plans that vest solely based on the passage of time.

  • Compensatory mitigation means types of mitigation used to replace project-induced critical area and buffer losses or impacts.

  • Compensatory time off means authorized time off earned by or awarded to an employee to compensate in whole or in part for time worked in excess of the minimum work time required of that employee as a condition of his or her employment.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.