Incentive Cash Award definition

Incentive Cash Award means a performance-based cash Award described in Section 7.2.
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Incentive Cash Award means an award granted pursuant to Section 10, which represents the opportunity to earn a future cash payment tied to the level of achievement with respect to one or more Performance Objectives for a Performance Period established by the Committee.
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Incentive Cash Award means an Award described in Section 8.2.
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Examples of Incentive Cash Award in a sentence

  • Parent shall not assume any stock appreciation rights (“SARs”) or phantom shares (“Phantom Shares”) granted pursuant to the Company’s Long Term Incentive Cash Award Plan (the “LTICAP”) or otherwise (whether vested or unvested) in connection with the Merger or any other Transactions contemplated by this Agreement.

  • Executive may elect to defer payment of the Incentive Cash Award that may be payable under Section C.7 to the extent permitted under and in accordance with the terms and conditions of the DC Plan and applicable law and regulations.

  • The Company awards to the Recipient under the Plan a Long-Term Incentive Cash Award with a target amount of [$] (the "Award"), subject to forfeiture and adjustment as provided in Section 1 of this Agreement and to the restrictions, terms and conditions set forth in this Agreement.

  • In accepting the Incentive Cash Award, the Participant agrees that the grant of the Incentive Cash Award is voluntary and occasional and does not create any contractual or other right to receive future grants of Incentive Cash Awards, or benefits in lieu of Incentive Cash Awards, even if Incentive Cash Awards have been granted repeatedly in the past.

  • Such salary continuation payments, accelerated vesting of awards and payment of any Incentive Cash Award are contingent upon execution of the Release described in Section F.5 by Executive (or by Executive’s guardian or other personal representative if Executive is physically or mentally incapable of reviewing, fully understanding, and executing the Release) within the time period described therein.

  • By accepting the Incentive Cash Award, the Participant hereby consents to the collection, use and transfer of personal data in electronic or other form, by and among the Company and any Affiliate for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan.

  • Concurrently with entering into this Agreement, Executive shall have the right to elect to defer payment of all or any portion of the Incentive Cash Award pursuant to Section 3.3(c) of the CVB Financial Corp.

  • The Company shall pay to Executive the sum of Nine Hundred Twenty Thousand Eight Hundred Thirty Three Dollars ($920,833) (less all applicable withholdings), an amount equal to the sum of the Awards to which Executive would have been entitled to receive under Executive’s Long Term Incentive Cash Award Agreements, dated March 15, 2013, March 15, 2014 and December 31, 2014 2014 (collectively, the “LTIP Agreements”) had Executive remained employed by the Company on March 15, 2016 and January 1, 2016.

  • This is a grant limited to the Incentive Cash Award and does not entitle the Participant to any grant of Incentive Cash Awards in future years.

  • Such accelerated vesting of awards and payment of any Incentive Cash Award are contingent upon execution of the Release described in Section F.5 by the executor or administrator of Executive’s estate within the time period described therein.

Related to Incentive Cash Award

  • 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.

  • Cash Award means an award denominated in cash.

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

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this 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.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • 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.