Earned Award definition

Earned Award means, with respect to a Participant, the actual number of shares of Common Stock that were earned by such Participant pursuant to this Program at the end of the Performance Period based on the achievement of the performance goals set forth in Section 5.

Earned Award means the Performance RSU Award deemed to be earned under the terms of this Agreement in the event of a Change of Control.

Earned Award means the number of Units equal to the Target Award multiplied by the Performance Factor (rounded down to the nearest whole share), as determined by the Committee.

Examples of Earned Award in a sentence

• The Earned Award LTIP Units shall be treated as Vested LTIP Units (as defined in the LLC Agreement) as of the Vesting Date and shall be converted into Class A Common Units in accordance with Section 8 of the Plan and the LLC Agreement.

• The prorata method cannot be used, however, if there is a sale or exchange of 50% or more of the corporation's stock during the year, or if an IRC Section 338 election is made in connection with a purchase of 80% or more of the S corporation's stock.

• Citigroup may assign the legal obligation to pay Participant’s vested Earned Award to Participant’s employer without the consent of Participant.

• To become vested in the Earned Award, the Grantee must also satisfy the employment requirements of Section 2.2 below.

• In all cases, a vested Award will be delivered only after the end of the Performance Period, after the Committee determines Participant’s Earned Award.

More Definitions of Earned Award

Earned Award means the Earned Individual Award, if any, and the Earned Company Award, if any, for a Participant for the applicable Incentive Period.

Earned Award means, with respect to a Participant, the actual number of shares of Restricted Stock that were earned by such Participant pursuant to this Program at the end of the Performance Period.

Earned Award means the award which an SIP Participant is entitled to receive under the Strategic Incentive Plan.

Earned Award means the product of the Award multiplied by the Seniority Factor. The Earned Award shall be adjusted on each Calculation Date to reflect changes in the Seniority Factor occurring since the prior Calculation Date.

Earned Award means (1) the Awarded Units multiplied by the Performance Factor (rounded down to the nearest whole unit), multiplied by (2) the Performance Multiplier (rounded down to the nearest whole unit), as determined by the Committee on the Determination Date. Examples of the calculations of the Earned Award are attached hereto as Exhibit B and hereby incorporated into this Certificate.

Earned Award means the actual bonus amount, if any, payable to a Participant under this Plan for a Plan Year, as determined by the Committee in accordance with Sections 5, 6, and 7 hereof.

Earned Award means the Calculated Award which may be adjusted based on a review of a participant’s contributions and other performance criteria considered by top Executive with input from senior Executive.