Number of Award Shares definition

Number of Award Shares. “GRANTED” Vesting Date: 3 years from Grant Date
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Number of Award Shares. [ ] Vesting Date: [ ] (the “Vesting Date”).
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Number of Award Shares. Vesting Date: Performance Goal: Number of Award Shares Upon Vesting: See Table Below The actual number of Award Shares that are eligible to vest in accordance with the terms and conditions of the Plan, the Agreement and this Acceptance Form (subject to the continued Service requirement set forth above) shall be equal to the product obtained by multiplying (x) the initial number of Award Shares set forth above by (y) the applicable multiple set forth in the following table that corresponds to the performance tier achieved with respect to the FY[ ] [Performance Metric]. For the avoidance of doubt, if tier 1 performance is not achieved with respect to the FY[ ] [Performance Metric], then the Award Shares shall not vest and shall be forfeited in their entirety without any delivery of Shares or other payment to the Participant. Tiers FY[ ] [Performance Metric] Applicable Multiple Number of Award Shares Upon Vesting 1 2 3 4 The final determination of FY[ ] [Performance Metric] will be made by the Plan’s administrator in its sole and absolute discretion. The Plan’s administrator shall have the power and authority to make all determinations that it determines to be necessary or appropriate in its sole discretion with respect to the Agreement and this Acceptance Form, including (i) all determinations concerning the level of achievement of
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Examples of Number of Award Shares in a sentence

  • Participant: [NAME] Number of Award Shares: [_________] Grant Date: [_________] Vesting Dates and Amounts: [_________] By executing this Acceptance Form, you hereby agree to accept the Award Shares set forth above and agree to be bound by the terms, conditions and provisions set forth in the Plan, the Agreement and this Acceptance Form.

  • This Award shall vest in accordance with the following schedule: Vesting Date Number of Award Shares < > < > Notwithstanding the foregoing, in the event that any such Vesting Date is a day on which stock of the Company is not traded on the New York Stock Exchange or another national exchange, then the Vesting Date shall be the next following day on which the stock of the Company is traded on the New York Stock Exchange or another national exchange.

  • Grant Date: Vesting Dates: Number of Award Shares upon Vesting: By executing this Acceptance Form, you hereby agree to accept the Award Shares set forth above and agree to be bound by the terms, conditions and provisions set forth in the Plan, the Agreement and this Acceptance Form.

  • Grant Date: [GRANT DATE] Number of Award Shares: [NUMBER] Vesting: All of the Award Shares are nonvested and forfeitable as of the Grant Date.

  • Effective June 30, 1996, an RSA shall be granted based on the Company's fiscal year ending June 30, 1996 EBIT as reported (as defined in Schedule A attached hereto and made a part hereof) as indicated in the following table: EBIT Number of Award Shares ---- ---------------------- For EBIT amounts between the points listed above, the number of Award Shares which shall be converted to an RSA shall be determined pro rata between the corresponding Number of Award Shares listed above.

  • Effective June 30, 1997, an RSA shall be granted based on the Company's fiscal year ending June 30, 1997 EBIT as reported (as defined in Schedule A attached hereto and made a part hereof) as indicated in the following table: EBIT Number of Award Shares ---- ---------------------- For EBIT amounts between the points listed above, the number of Award Shares which shall be converted to an RSA shall be determined pro rata between the corresponding Number of Award Shares listed above.

  • EMPLOYEE RESTRICTED STOCK AGREEMENT Name of Recipient: Award Date: Number of Award Shares: THIS EMPLOYEE RESTRICTED STOCK AGREEMENT1 is made and entered into effective as of the Award Date noted above by and between Lodgian, Inc., a Delaware corporation and the Recipient noted above.

  • In no event and at no time may the Aggregate Number of Award Shares exceed the Aggregate Limit, except that a reduction in the number of outstanding shares of Common Stock may cause the Aggregate Limit to be less than the Aggregate Number of Award Shares.

  • If the Company’s TSR is equal to or greater than 75% of the Small Cap Index TSR, then the Maximum Number of Award Shares indicated above will vest.

  • If a reduction in the number of issued and outstanding shares of Common Stock causes the Aggregate Limit to be less than the Aggregate Number of Award Shares, (i) no additional Awards may be granted under the Plan until the Aggregate Number of Award Shares does not exceed the Aggregate Limit; and (ii) all Awards already granted prior to the reduction in the Aggregate Limit shall remain in effect in accordance with their terms.


More Definitions of Number of Award Shares

Number of Award Shares. Quantity Granted# Vesting Date: Shall vest in full on the first anniversary of the Grant Date (the “Vesting Date”).
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Number of Award Shares. “GRANTED” Scheduled Settlement Date: 3 years from Grant Date
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Number of Award Shares. Scheduled Payment Date: , 20
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Related to Number of Award Shares

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • RSUs means that number of Restricted Stock Units listed in the Award Notice as “Restricted Stock Units Granted.”

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

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

  • Date of Award means the date this Contract is fully executed.

  • the award , except in sub-paragraph (2), means—

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

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • SARS means the South African Revenue Service.

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

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • RSU means a restricted stock unit granted under the Plan, which represents an unfunded and unsecured promise to deliver shares of Common Stock in accordance with the terms of the RSU Award Agreement.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • 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.