Deferred Bonus Award definition

Deferred Bonus Award means any Award whose payment has been designated by the Plan Administrator or Committee to be deferred as set forth in Section 5.2.
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Deferred Bonus Award means where the Committee has determined that a proportion of an employee’s annual bonus shall be delivered as an Award (or where the employee agrees that a proportion of their annual bonus shall be delivered as an Award), following the determination of such annual bonus;
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Deferred Bonus Award means a right to acquire ContourGlobal Shares granted as a Deferred Bonus Award under the LTIP in the form of a conditional award (including any such option granted after the date of this letter);
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Examples of Deferred Bonus Award in a sentence

  • Description of the awards valued Seplat Deferred Bonus Award 25% of each Executive Director’s 2014, 2015, 2016 and 2017 bonus (paid in 2015, 2016, 2017 and 2018) has been deferred into shares and released on 1 June 2017, 1 June 2018, 20 April 2019 and 31 December 2019 respectively subject to continued employment over the vesting period.

  • Deferred Bonus Awards and Merit Deferred Share Awards A Deferred Bonus Award which is granted to an eligible individual who is not an executive Director may be called a ‘Merit Deferred Share Award’.

  • The terms of a Deferred Bonus Award granted to an executive Director will be limited by the remuneration policy approved by shareholders from time to time.

  • Individual limit The Committee will decide the number of Shares subject to a Deferred Bonus Award or a Merit Deferred Share Award by reference to the value of the bonus which, in the case of a Deferred Bonus Award granted to an executive Director, will be limited by the remuneration policy approved by shareholders from time to time.

  • Any shares allotted when a Restricted Share Award or Deferred Bonus Award vests will rank equally with shares then in issue (except for rights arising by reference to a record date prior to their issue).

  • The Institut Pasteur in Dakar (Senegal) has been working with the Wellcome Trust and other international partners to run fast- tracked Ebola treatment trials in West Africa105.

  • Standard agenda itemsAd hoc itemsFebruaryReview of performance and outcomes under the Annual Bonus and Deferred Bonus Award.

  • Payment of any Deferred Bonus Award shall be made only on a fixed date or dates or upon the occurrence of specified events permitted under Section 409A all of which shall be established at the time the Award is granted.

  • If a Participant’s employment is terminated in a Qualifying Termination prior to the payment of an Award (including a Deferred Bonus Award), the Participant shall receive an Award (including a Deferred Bonus Award, if applicable) based upon his or her level of achievement in relation to the Performance Objectives established for the entire Fiscal Year multiplied by a fraction, the numerator of which is the number of days in the Participation Period and the denominator of which is 365 (a “Pro-Rata Award”).

  • A Deferred Bonus Award shall vest subject to the awardholder remaining in service with the Group for such period as the Committee shall determine being not less than 12 months from the date of grant.


More Definitions of Deferred Bonus Award

Deferred Bonus Award means an Award that represents a Deferred Bonus;
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Deferred Bonus Award has the meaning set forth in Section 2.8.
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Deferred Bonus Award means an Award, the principal purpose of which is to defer receipt of a bonus that reflects performance before its grant;
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Deferred Bonus Award means a right to receive Shares automatically at no cost granted pursuant to Schedule 2 ;
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Related to Deferred Bonus Award

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Other Incentive Award means an Award denominated in, linked to or derived from Shares or value metrics related to Shares, granted pursuant to Section 9.6 hereof.