Employee Awards definition

Employee Awards means the grant of shares of Common Stock or Convertible Securities (either restricted or unrestricted), options to subscribe for, purchase or otherwise acquire Common Stock or Convertible Securities, or other equity or equity-like rights granted or issued by the Company to employees, officers or directors of, or consultants or advisors to, the Company or any subsidiary pursuant to a plan or other arrangement adopted by the Board of Directors of the Company, contemplating (in the case of grants with an exercise price) that such grants generally would be made with exercise prices at least equal to fair market value as determined by the Board of Directors of the Company or the compensation or other committee thereof.
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Employee Awards means Awards made to Eligible Persons other than Directors.
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Employee Awards means Awards granted to the Participant in connection with or on account of his Service as an employee of the Company or an Affiliate. Awards granted to the Participant in connection with or on account of Service as a member of the board of directors of the Company or an Affiliate shall not be considered Employee Awards for purposes of the Plan.
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Examples of Employee Awards in a sentence

  • Without limiting the type or number of Employee Awards that may be made under the other provisions of this Plan, an Employee Award may be in the form of a Performance Award.

  • Subject to the terms of this Plan the Committee shall have the full and exclusive power and authority to administer this Plan with respect to Employee Awards and to take all actions that are specifically contemplated by this Plan or are necessary or appropriate in connection with the administration of this Plan.

  • The powers of the Committee shall include the authority (within the limitations described in this Plan): • to determine the time when Employee Awards are to be granted and any conditions that must be satisfied before an Employee Award is granted; • except as otherwise provided in paragraphs 7(a) and 12, to modify the terms of Employee Awards made under this Plan; and • to determine the guidelines and/or procedures for the payment or exercise of Employee Awards.

  • All Employees are eligible for Employee Awards under this Plan in the sole discretion of the Committee.

  • Employee Awards may consist of those listed in this paragraph 7(a) and may be granted singly, in combination or in tandem.

  • The Board shall have the same powers, duties and authority to administer and interpret the Plan and all Director Awards outstanding under the Plan as the Committee retains with respect to Employee Awards, as described above.

  • VCS bargaining unit employees will receive awards in accordance with Article 16 - Employee Awards and Recognition and Article 27 - Performance Appraisal.

  • For informational purposes, performance pay for a physician is not construed as “award” monies designated under Article 16 - Employee Awards and Recognition.

  • The Parties agree to follow the policies, procedures, and authorities set forth in FEMA Manual 255-4-1, Employee Awards and Recognition, dated September 26, 2013, except as otherwise provided in this Agreement.

  • The rate as of the date of this contract is 6% on the first $5,000 earned income each quarter.


More Definitions of Employee Awards

Employee Awards means Awards granted to individuals other than Eligible Directors. “Exchange Act” shall mean the Securities Exchange Act of 1934.
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Employee Awards shall have the meaning set forth in Section 4.3.
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Employee Awards are defined as grants of shares of Common Stock or convertible securities (either restricted or unrestricted), options to subscribe for, purchase or otherwise acquire Common Stock or convertible securities, or other equity or equity-like rights granted or issued by the Company to employees, officers, directors, consultants or advisors of the Company or any subsidiary pursuant to a plan or other arrangement adopted by the Board of Directors of the Company, contemplating (in the case of grants with an exercise price) that such grants generally would be made with exercise prices at least equal to fair market value as determined by the Board of Directors of the Company or the compensation committee thereof.
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Employee Awards means Awards granted to individuals other than Eligible Directors.
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Related to Employee Awards

  • Employee Award means the grant of any Option, SAR, Stock Award, Cash Award or Performance Award, whether granted singly, in combination or in tandem, to a Participant who is an Employee pursuant to such applicable terms, conditions and limitations as the Committee may establish in order to fulfill the objectives of the Plan.

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • SARS means the South African Revenue Services;

  • Service Awards means the amount awarded by the Court and paid to the Class Representatives in recognition of their role in this litigation, as set forth below.

  • Performance Awards means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be cash- or stock-denominated and may be settled for cash, Shares or other securities or a combination of the foregoing under Section 10.