Participant Award definition

Participant Award means an award granted by the Board of Directors to a Participant pursuant to Section 3 of a specified Participation Rate, as evidenced by the issuance of a Participant Award Agreement by the Company in favor of the Participant.
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Participant Award means the cash or deferred compensation to be earned by achieving each Program Target for the Award Period.
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Examples of Participant Award in a sentence

  • Exhibit A sets forth for each Participant Award the number of shares of the common stock, par value $0.001 per share, of the Company (“Common Stock”) subject to that Participant Award (the “Awarded Shares”) and, if those shares constitute Restricted Stock (as defined in the Incentive Plan), the vesting schedule applicable to those shares.

  • If an Option is in tandem with a SAR, such that the exercise of the Option or SAR with respect to a Share cancels the tandem SAR or Option right, respectively, with respect to each Share, the tandem Option and SAR rights with respect to each Share shall be counted as covering but one Share for purposes of the Maximum Annual Participant Award.

  • Employee was granted 12,550 shares of restricted stock on January 1, 2018 pursuant to the 2014 Long-Term Incentive Plan and applicable Participant Award Agreement.

  • Participant: Award: Participant has been granted the right to receive an Award of Performance Shares, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Grant Date: Number of Performance Shares: Performance Period: Three years (subject to Section 1(c) of Exhibit A (the “Performance Period”)).

  • AMENDED AND RESTATED 2008 LONG-TERM INCENTIVE PLAN Participant: Award Number: 20__- Plan: 2008 LTIP (as amended) Dear __________: This notice ("Notice") will confirm that, effective as of ____ __, 20__, you have been granted an award of __________ shares of GMX Resources Inc.

  • The Company hereby awards to Participant [[Award]] Performance Units, each such Performance Unit having a value equal to one share of the Company's common stock, without par value, pursuant to the terms and subject to the conditions and restrictions set forth herein.

  • A termination by you shall not constitute termination for Good Reason unless you first deliver to the General Counsel of the Company written notice (1) stating that you intend to resign for Good Reason pursuant to this Participant Award Agreement, and (2) setting forth with specificity the occurrence deemed to give rise to a right to terminate for Good Reason (which notice must be given no later than 90 days after the initial occurrence of such event).

  • AMENDED AND RESTATED 2008 LONG-TERM INCENTIVE PLAN Participant: Award Number: 20__- Plan: 2008 LTIP (as amended) This notice ("Notice") will confirm that, effective as of ____ __, 20__, you have been granted an award of __________ shares of GMX Resources Inc.

  • AWARD SUMMARY Participant: Award Date: , 20 Number of Shares Subject to Award: shares of Common Stock (the “Shares”) Vesting Schedule: The vesting of the Shares shall be tied to the attainment of the Performance Objectives set forth in attached Schedule I and the Participant’s Continuous Service through the Completion Date of each Performance Objective.

  • Pursuant to the terms and conditions of the EQT Corporation 20__ Long-Term Incentive Plan (as amended from time to time, the “Plan”) and this Participant Award Agreement (this “Award Agreement”), the Management Development and Compensation Committee (“Committee”) of the Board of Directors (“Board”) of EQT Corporation (the “Company”) has granted you Non-Qualified Stock Options (the “Options”) to purchase shares of the Company’s common stock as outlined below.