Incentive Award definition

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.

Incentive Award means an Option, Restricted Stock Award or Performance Stock Award granted to an Eligible Recipient pursuant to the Plan.

Incentive Award means an Option, Stock Appreciation Right, Restricted Stock Award, Performance Unit or Stock Bonus granted to an Eligible Recipient pursuant to the Plan.

Examples of Incentive Award in a sentence

• The Trust’s sole obligation and total liability under this Agreement will be limited to paying the Incentive Award amounts specified in this Agreement that are properly due and payable under the terms of this Agreement.

• Recipient acknowledges that the Incentive Award is provided for the purposes specified in the PON and must be used in compliance with the PON requirements.

• All equipment reimbursed through this Incentive Award shall be new and unused (not refurbished).

• Recipient shall procure and maintain adequate insurance with coverage for the activities and risks associated with the Project and shall procure and maintain replacement value “all risk” property and casualty insurance covering the equipment funded with the Incentive Award.

• Recipient represents that it is eligible to receive the Incentive Award and that it is not suspended, debarred, or disqualified from receiving state contracts, incentives, awards, or other appropriations.

More Definitions of Incentive Award

Incentive Award means one or more Stock Incentive Awards and/or Cash Incentive Awards, collectively.

Incentive Award means the award or grant of a Stock Option, Restricted Stock, or Stock Award to a Participant pursuant to the Plan.

Incentive Award means an Option or Other Stock-Based Award granted to a Participant pursuant to the terms of the Plan.

Incentive Award means the award or grant of a Stock Option, a Stock Appreciation Right, Restricted Stock, a Restricted Stock Unit, a Stock Award, or another stock-based or stock-related award, to a Participant pursuant to the Plan.

Incentive Award means an Option, a share of Restricted Stock, a share of Phantom Stock, a Stock Bonus or Cash Bonus granted pursuant to the terms of the Plan.

Incentive Award means an Award made pursuant to Section 7 hereof, the payment of which is contingent upon the achievement of the Performance Goals for the particular Performance Period.

Incentive Award means an award of tax credits to reimburse a