Examples of Inducement Award Rules in a sentence
Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Awards, and Other Equity-Based Awards may be granted under the Plan only to individuals who receive the offer of an Award as a material inducement to such individual’s becoming an Employee and who otherwise meets the requirements for inducement grants under the Inducement Award Rules.
Within 60 days of receiving the request, DOEE will notify the applicant in writing if the delay is approved, approved with modifications, or rejected.
To the extent permitted by applicable law and the Inducement Award Rules, the Board may delegate any or all of its powers under the Plan to one or more Committees.
Subject to the Inducement Award Rules with respect to Inducement Awards, and except as otherwise determined by the Board, the Committee shall consist solely of two or more Non-Employee Directors and who also meet the independence requirements (if any) under the then applicable rules, regulations, listing requirements or listing maintenance requirements adopted by the principal national securities exchange on which the Common Stock is then listed.
Subject to the Inducement Award Rules with respect to Inducement Awards, the Committee, or if no Committee has been appointed, the Board, may delegate administration of the Plan to a committee or committees of one or more members of the Board, and the term “Committee” shall apply to any person or persons to whom such authority has been delegated.