Matching Award definition

Matching Award means an Award designated as a Matching Award under Rule 4.2 (Type of Award);
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Matching Award means contributions made by the Participating Employers pursuant to Section 5.1 herein.
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Matching Award means a conditional right to acquire Shares granted under the Plan in connection with Purchased Shares; “Matching Ratio” means the ratio the Committee decides under rule 6.7 (Matching Ratio);
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Examples of Matching Award in a sentence

  • The Additional Class A Award and the Matching Award shall, subject to Section 8 of this Employment Agreement, become non-forfeitable as to 1/3 of such awards on each of the first three anniversaries of the date of such awards for so long as the Executive remains employed by the Company through the respective anniversary date.

  • The Stock Units granted with respect to the Matching Award will be credited to a bookkeeping account established and maintained for the Participant (an “Account”).

  • The type of Matching Award granted to the Participant will be determined based on the Participant’s Distribution Date election under the Purchase Plan.

  • If the Participant elects a Termination Date Election or a Deferred Distribution Date Election (as these terms are defined in the Purchase Plan), the Participant will receive a Matching Award of Deferred Stock Units.

  • If the Participant elects a Vesting Date Election (as defined under the Purchase Plan), the Participant will receive a Matching Award of Restricted Stock Units.


More Definitions of Matching Award

Matching Award means a conditional right to acquire Shares granted pursuant to rule 5 (Matching Awards)
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Matching Award means a right to acquire Shares granted under the Plan and linked to a Conditional Award;
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Matching Award means the Company matching award provided for in Section 5.1 hereof.
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Matching Award means a contingent grant of Restricted Stock Units pursuant to Section 7 awarded to a Participant in respect of a purchase of Shares under the Plan.
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Matching Award means an additional Restricted Stock Unit Award granted by the Company to a Participant with respect to a Base Award pursuant to Section 4(c).
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Matching Award means a grant of two thousand dollars ($2,000) to a community scholarship foundation that raises at least two thousand dollars ($2,000) for awarding scholarships to low-income students through the postsecondary education scholarship program of the community scholarship foundation.
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Matching Award means a conditional right to receive DB Shares granted under Rule 4.2.
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