Conversion Awards definition

Conversion Awards means awards that are issued in substitution of, or in connection with, stock options, restricted shares or restricted share units that were granted under The E. W. Scripps Company 1997 Long-Term Incentive Plan, as amended, to employees of The E. W. Scripps Company and its Subsidiaries in accordance with the terms of the Employee Matters Agreement.
Conversion Awards has the meaning given in Section 7.1(b)(ii) of this Agreement.
Conversion Awards means restricted stock granted under the 2010 Long-Term Stock Incentive Plan or under the Questar Corporation Long-Term Stock Incentive Plan issued in exchange for a cash award under the Questar Corporation Long-Term Cash Incentive Plan for the 2009-2011 and 2010-2012 performance periods.

Examples of Conversion Awards in a sentence

  • In addition, Conversion Awards shall be issued to all Choice Employees who were participants in such Plan on the Cut-off Date in accordance with Section 2.04(f).

  • Any Equity Grants made to Executive under this Agreement on or following the Agreement Date, and any Conversion Awards, shall vest in full on Executive’s Date of Termination.

  • Key Executive Stock Option Plan of 1993 for all Retained Employees and Terminees who are participants in such Plan on the Distribution Date through the issuance of Conversion Awards, subject to the stock adjustment provisions described in Section 2.04(f) below, and Choice shall have no liability or obligation with respect thereto.

  • Conversion Awards shall be administered with respect to any provisions relating to continuing employment requirements to give Service Credit for service with the party employing the grantee as of the Distribution Date.

  • Key Executive Stock Option Plan for all Retained Employees and Terminees who are participants in such Plan on the Distribution Date through the issuance of Conversion Awards, subject to the stock adjustment provisions described in Section 2.04(f) below, and Choice shall have no liability or obligation with respect thereto.

  • Non-Employee Director Stock Option and Deferred Compensation Stock Purchase Plan for all non-employee directors of Manor Care after the Distribution Date through the issuance of Conversion Awards, subject to the stock adjustment provisions described in Section 2.04(f)(iii) and Section 2.04(f)(iv) below and the election procedures described in Section 2.04(f)(v) and (vi) below, and Choice shall have no liability or obligation with respect thereto.

  • In the case of Conversion Awards of nonqualified stock options or incentive stock options to acquire shares of shares of Manor Care Common Stock or Choice Common Stock, the total number of shares that may be acquired with respect to each such company shall be adjusted as necessary to maintain the Aggregate Spread and ratio described in Section 2.04(f)(iii).

  • Pursuant to a Conversion Award: The provisions of this Section 2.5.3(iv) are ------------------------------ intended to ensure that the Aggregate Spread on each Existing HMC Stock Award is maintained in the grants of Conversion Awards required by Section 2.5.3(iii) and shall govern the determination of the option price of such Conversion Awards.

  • In addition, Conversion Awards shall be issued to all Choice Employees who were participants in such Plan on the Cut-off Date in accordance with Section 2.04(e).

  • Any grants of restricted stock, options to purchase shares of the Company’s common stock, stock appreciation rights, or other equity-based awards (“Equity Grants”) made to Executive under this Agreement on or following the Agreement Date, and any Conversion Awards, shall vest in the event of Executive’s death or Disability.


More Definitions of Conversion Awards

Conversion Awards means awards granted under this Plan in conversion or substitution of any or all stock options, stock appreciation rights, or other stock awards held