Fixed Award definition

Fixed Award means a specified cash award, calculated in accordance with Article 5, payable to a Participant under this Plan for services provided to the Company in 2018, as determined by the Award Committee from time to time in its sole discretion. Fixed Award payments shall be contingent on the attainment of one or more Performance Goals. The timing and conditions of the payment of the Fixed Award are subject to the terms and conditions of the Plan and, subject to Article 7 of the Plan, any other terms and conditions determined by the Award Committee to be appropriate. The Fixed Award may, but is not required to, be evidenced by a separate agreement executed by the Participant.
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Fixed Award means an Award for a Tier 1 Participant and fifty percent (50%) of an Award for a Tier 2 Participant, as described in Section 4.2.1.
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Examples of Fixed Award in a sentence

  • Upon completion of the entire evaluation process as addressed in Attachment 4 – Commitment, Entitlement and Ordering Procedures, Section VI: Determining Fixed Award Entitlement, the Government will make the final award determination for all technically acceptable offerors.

  • The maximum award for a Bilateral Eligible Claimant under the Fixed Award Program is $50,000.

  • Bilateral Eligible Claimants fall within the Fixed Award Program and are excluded from the Base Award Program if both of the Qualified Revision Surgeries are subject to one or more of the four circumstances.

  • Eligible Claimants will be eligible for either the Base Award Program or the Fixed Award Program as set forth below.

  • Subject to the terms and conditions herein, Eligible Claimants are eligible for the Base Award Program, unless the Eligible Claimant falls within the Fixed Award Program outlined in Section II.B.

  • Eligible Claimants under the Fixed Award Program will receive a total award of $25,000 per Qualified Revision Surgery and that amount is not subject to any additional reductions or enhancements, except for the reduction for Unrepresented Claimants set forth below.

  • Eligible Claimants with one or more of the four circumstances listed below fall within the Fixed Award Program and are excluded from the Base Award Program.

  • Claimants who have had a Qualified Revision Surgery are known as “Eligible Claimants.” Eligible Claimants who have properly registered and completed the categorization process will be eligible for either the Base Award Program or the Fixed Award Program, as set forth in Section II.

  • The amount of the Fixed Award, the Base Award, and the reductions and enhancements are not subject to mediation.

  • Full-time Fixed Award Grant Recipients are only allowed to convert full-time slots to less-than-full-time slots in which the member serves in a full-time capacity.

Related to Fixed Award

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • Cash Award means an award denominated in cash.

  • share-based award means an award under an equity incentive plan of equity-based instruments that do not have option-like features, including, for greater certainty, common shares, restricted shares, restricted share units, deferred share units, phantom shares, phantom share units, common share equivalent units, and stock.

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

  • Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

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

  • 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.

  • Maximum Award means as to any Participant for any Performance Period, $4 million.

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

  • Performance Award Agreement means a written agreement between the Company and a Participant with respect to a Performance Award.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Other Unit-Based Award means an award granted pursuant to Section 6(f) of the Plan.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Other Equity-Based Award means an Award that is not an Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, or Performance Share Award that is granted under Section 10 and is payable by delivery of Common Stock and/or which is measured by reference to the value of Common Stock.

  • 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;

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.

  • option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;

  • Performance-Based Award means any Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder.