Examples of Other Share Award in a sentence
In addition, no Share Award will be exercised (or, in the case of a Restricted Share Award, Restricted Share Unit Award, Performance Share Award, or Other Share Award, no Share Award will be granted) and no Performance Cash Award will be settled unless and until the Plan has been approved by the shareholders of the Company, which approval will be within 12 months after the date the Plan is adopted by the Board.
The Agreement relating to a Share Award shall specify whether the Share Award is a Restricted Share Award, a Restricted Share Unit Award or, in the case of an Other Share Award, the type of award being granted.
Each Other Share Award shall be evidenced by an Award Agreement that shall specify any vesting conditions, the number of Shares subject to such Award, and such other terms and conditions as the Committee, in its sole discretion, shall determine.
At the time of grant, the Committee shall specify the date or dates on which the Other Share Award shall become fully vested and non-forfeitable.
Prior to the settlement of an Other Share Award, the holder of such award shall have no rights as a shareholder of the Company with respect to the Common Shares subject to such award.
The Agreement relating to a Share Award shall specify whether the Share Award is a Restricted Share Award, a Restricted Share Unit Award, or in the case of an Other Share Award, the type of award being granted.
Other Share Awards.The Committee may grant an Other Share Award to any Eligible Individual, which Other Share Award shall consist of any right that is (i) not an Award described in Sections 5, 6, 8 or 9 above and (ii) an Award of Shares or an Award denominated or payable in, valued in whole or in part by reference to, or otherwise based on or related to, Shares, as determined by the Committee to be consistent with the purposes of the Plan.