Examples of Free Share Award in a sentence
For the avoidance of doubt, an Upfront Award (as designated in the Award Statement) is not intended to be a Qualified Free Share Award (and will not be designated as such in the Award Statement).
The Qualified Free Share Award is deemed to vest upon the ownership request date.
All SIP shares are held in a SIP Trust, administered by Solium Trustee (UK) Limited.There are two elements to the plan: the Buy As You Earn (“BAYE”) arrangement and the Free Share Award.
If the Plan is operated to provide Free Share Awards, a Free Share Award must not be granted to an Eligible Employee if it would, at the proposed Award Date, cause the Market Value of Shares subject to all Free Share Awards that the Participant has been granted in respect of that Plan Year to exceed £3,000 or such other amount as the Directors decide.
The Participant shall have no rights as a stockholder with respect to any shares of Common Stock covered by any Qualified Free Share Award granted hereunder unless and until the Participant has become the holder of record of the shares, and, except as otherwise specifically provided for in Section 11 of this Agreement, no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of any such shares, except as otherwise specifically provided for in the Plan.
If this Schedule 8 applies to an Award designated as a Qualifying Free Share Award in accordance with Schedule 7, then the references above to the Deutsche Bank Equity Plan shall be to that plan as amended by Schedule 7.
Where the Directors so decide, a Free Share Award granted under rule 3.3 (Grant of Free Share Awards) includes an award of fractional Shares.
Accurate setting of the accelerating structure is needed to minimize the loss of beam from the accelerating acceptance.The primary goal is to determine (1) the calibration of the RF drive and the cavity voltage (setting the amplitude) and (2) the timing offset of the RF drive phase with respect to the arrival of the beam (setting the phase).
The Pre-IPO Free Share Award Plan shall be subject to the administration of the Board, or the duly authorized committee thereof, in accordance with the terms of the Pre-IPO Free Share Award Plan and the decision of the Board, or the duly authorized committee thereof, (save as otherwise provided herein) shall be final and binding on all parties.
Notwithstanding any provision of the Plan, the Qualified Free Share Award shall Vest 30 months after the Date of Grant or such other period as may be set by Grantor but in any case not before the second (2nd) anniversary of the Date of Grant, except as otherwise provided in this Addendum.