Merit Award definition

Merit Award means an award of Common Stock issued pursuant to Section 9 of the Plan.
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Merit Award means an Award of Common Stock issued pursuant to Section 9 hereof.
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Merit Award means an award to a state employee for an adopted suggestion in the form of either the Governor’s certificate of commendation or a cash payment.
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Examples of Merit Award in a sentence

  • As a condition to any such Merit Award, the Committee may require an Employee to pay to the Company an amount equal to, or in excess of, the par value of the shares of Common Stock awarded to him or her.

  • Any Participant may receive a Merit Award under this Plan for such reasons and in such amounts as the P&C Committee may from time to time determine.

  • Grant Programs (Career Development Award, Collaborative Sciences Award, Established Investigator Award, Innovative Project Award, Merit Award, Transformational Project Award): American Heart Association research funds will not be awarded to supplement or duplicate any work that is being supported by other funding agencies.

  • The School shall receive one hundred percent (100%) of the Merit Award Program funds awarded to the School pursuant to Section 1012.225, Florida Statutes.

  • Merit Award - One additional page may be used if a more extensive description is required, for a maximum of 3 pages.

  • The student Financial Assistance Program consists of the Government of Guam Professional Technical Award, Student Loan, and Merit Award.

  • The funds may be used at the discretion of each school district for the Merit Award Program for Instructional Personnel and School-Based Administrators as provided in section 1012.225, Florida Statutes, the Excellent Teaching Program as provided in section 1012.72, Florida Statutes, a performance award program designed to meet the need of an individual district, or for any other purpose the district school board deems appropriate.

  • Any Participant may receive a Merit Award of Common Stock under this Plan for such reasons and in such amounts as the P&C Committee may from time to time determine.

  • Once a Merit Award has been granted, evidence used in support of that award may not be used to justify subsequent awards.

  • Applications include a vita update or current vita, and a 500 word statement from the faculty member stating how he or she has exceeded SPE, its relation to the Professional Development Plan on file, and why this activity deserves a Merit Award.


More Definitions of Merit Award

Merit Award means any Merit Award granted under the Plan.
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Merit Award means an award to a state employee for an
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Merit Award. – means a non-recurring payment granted to an employee of the Company from the funds of the Company as a remuneration for special work of an occasional or intermittent nature.
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Related to Merit Award

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non-Employee.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • 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.

  • Bonus Award means a bonus award made pursuant to Section 9.

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

  • 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.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Cash Award means an award denominated in cash.

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

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Unit Award means a grant of a Unit that is not subject to a Restricted Period.

  • Stock Bonus Award means an Award granted under Section 10 of this Plan.

  • Restricted Share Unit Award means an award of Restricted Share Units under this Plan.

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;