Deferred Stock Award definition

Deferred Stock Award means Awards granted pursuant to Section 8.

Deferred Stock Award means an Award of Deferred Stock granted to a Participant under Section 6(e) hereof.

Deferred Stock Award means an Award of phantom stock units to a grantee.

Examples of Deferred Stock Award in a sentence

• Unless otherwise provided by the Committee, a Participant awarded Deferred Stock shall have no rights as a Company stockholder with respect to such Deferred Stock until such time as the Deferred Stock Award has vested and the Stock underlying the Deferred Stock Award has been issued.

• At the end of the deferral period, the Deferred Stock Award, to the extent vested, shall be paid to the grantee in the form of shares of Stock.

• The grant of a Deferred Stock Award is contingent on the grantee executing the Deferred Stock Award agreement.

• Prior to satisfaction of a Deferred Stock Award, a Deferred Stock Award carries no voting or dividend or other rights associated with Share ownership.

• A Deferred Stock Award may be satisfied by delivery of Shares, cash equal to the Fair Market Value of the specified number of Shares covered by the Deferred Stock, or a combination thereof, as determined by the Committee at the date of grant or thereafter.

More Definitions of Deferred Stock Award

Deferred Stock Award means an Award payable in shares of Common Stock at the end of a specified deferral period that is subject to the terms, conditions, limitations, and restrictions set forth in the Plan and an Award Agreement.

Deferred Stock Award means an Award of phantom stock units to a grantee, subject to restrictions and conditions as the Administrator may determine at the time of grant.

Deferred Stock Award means the annual retainer and/or meeting fees, if any, elected by a Participant to be deferred as set forth in ARTICLE III.

Deferred Stock Award means an Award granted pursuant to Section 10.

Deferred Stock Award means an award of Stock granted to a Participant pursuant to Section 11 of the Plan.

Deferred Stock Award means an award of Common Stock to an Eligible Employee, Director or Advisor that is subject to the restrictions described in Paragraph 12.

Deferred Stock Award means a contractual right granted to a Participant under this Plan to receive a Share that is subject to restrictions of this Plan and the applicable Stock Incentive Agreement.