Parent Equity Award definition

Parent Equity Award means a Parent Stock Option or a Parent Restricted Share, as the case may be.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Parent Equity Award means any Parent Option or other award issued pursuant to the Parent Equity Plans.

Parent Equity Award means any form of compensation (including deferred compensation) that is or may be paid or settled in Parent Common Stock.

Examples of Parent Equity Award in a sentence

Parent has Made Available to the Company accurate and complete copies of all equity plans pursuant to which any outstanding Parent Equity Awards were granted by Parent, and the forms of all Parent Equity Award agreements evidencing such Parent Equity Awards.
All shares of Parent Common Stock to be issued pursuant to any Parent Equity Award shall be, when issued, duly authorized, validly issued, fully paid, nonassessable, and free of preemptive rights.
Each Parent Equity Award is subject to service based vesting or performance based vesting and shall be settled in cash with respect to a pro-rata portion of such award in accordance with its terms as soon as practicable, but no later than ten business days after the applicable Transfer Time.
The Parties shall, and shall cause their respective Subsidiaries to, use commercially reasonable efforts to take all actions necessary or appropriate so that each outstanding Parent Equity Award granted under any Parent Equity Plan shall be adjusted as set forth in this Section 13.02 as of immediately prior to the Distribution.
Parent Equity Award" shall mean any form of compensation (including deferred compensation) that is or may be paid or settled in Parent Common Stock.

More Definitions of Parent Equity Award

Parent Equity Award means any Parent Option, share of Parent Restricted Stock, Parent RSU or Parent PSU.

Parent Equity Award means, collectively, the Parent Stock Options and the Parent RSU Awards.

Parent Equity Award means a Parent Share Option or an award of Parent Restricted Shares or Parent Restricted Share Units, as the case may be.

Parent Equity Award means each right to acquire Parent Shares granted under any Parent Equity Plan.

Parent Equity Award means each Parent Stock Option, Parent RSU, and Parent Performance Share Award.

Parent Equity Award means an award of Parent RSUs, a Parent Restricted Stock Award or any other equity award granted under the Parent Equity Award Plan.

Parent Equity Award means the Parent Shares issuable pursuant to the terms of awards issued under the Parent Equity Plan. “Parent Equity Plan” means the Parent 2021 Long-Term Incentive Plan, effective February 18, 2021.