Exempt Grantee definition

Exempt Grantee means any Grantee whose termination of Employment was involuntary without Cause or due to reasons outside such Xxxxxxx’s control, in each case, as determined by the Co-Chief Executive Officers and the Co-Executive Chairmen of the Corporation, acting in their sole discretion and by majority vote.
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Examples of Exempt Grantee in a sentence

  • In the event that any Exempt Grantee ceases to be engaged as a full or part-time employee or consultant, or ceases to provide services to, the Plus Group or Purchaser (or an Affiliate) up to the Closing Date or is not engaged as a full or part-time employee or consultant of the Plus Group or Purchaser (or an Affiliate) on and following the Closing Date, such Exempt Grantee’s allotment of Incentive Shares shall be distributed to the remaining Exempt Grantees, pro rata.

Related to Exempt Grantee

  • Grantee means the Party receiving funds under this Contract. May also be referred to as "Contractor" in certain attachments.

  • Company Restricted Stock Award means an award granted under a Company Equity Plan that grants the holder a share of Company Common Stock subject to the terms and conditions of the applicable award agreement and the applicable Company Equity Plan.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • RSUs means that number of Restricted Stock Units listed in the Award Notice as “Restricted Stock Units Granted.”

  • Restricted Share Award means an award of Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Award Recipient means the person, entity or entities that are to receive or have received grant funds through an award from the Illinois State Board of Education. The terms "grantee" and "award recipient" may be used interchangeably.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Awardee means the holder of an outstanding Award.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Company Restricted Stock means all shares of Company Common Stock, subject to vesting or other restrictions, whether granted pursuant to the Company Stock Plans or otherwise.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • the award , except in sub-paragraph (2), means—

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).