Phantom Award definition

Phantom Award means a conditional right granted under the Plan to receive a cash sum linked to the value of a number of notional Shares;
Phantom Award means a conditional right granted under the Plan to receive a cash sum in the future that is linked to the Market Value of a number of notional Shares or ADSs;
Phantom Award means an award issued prior to the Effective Date by the Company pursuant to a stock appreciation right agreement or a phantom stock appreciation right agreement.

Examples of Phantom Award in a sentence

  • Your Market/Base Salary, Annual Bonus, Other Incentive Programs, Phantom Award together with the Fringe Benefits shall be your total compensation (“Total Compensation”).

  • You may also be entitled to participate in the Company’s Long Term Incentive Plans, (initial one to be similar to the Phantom Award) as may be approved yearly.


More Definitions of Phantom Award

Phantom Award means a Phantom Conditional Award or a Phantom Nil-cost Option;
Phantom Award means the cash-settled conditional award granted under the PSP;
Phantom Award means a conditional right granted under these Terms and Conditions to receive a cash sum linked to the value of a number of Shares;
Phantom Award means a conditional right to receive an amount of cash equal to the value of a specified number of Shares, granted under rule 3;
Phantom Award means a right granted in respect of notional Shares which provide a right to receive a cash sum linked to the value of such notional Shares;
Phantom Award means a right granted under the Plan to receive a cash sum linked to the value of a number of notional Shares, which may be granted in the form of a Phantom Conditional Award or a Phantom Option;
Phantom Award means a right to receive an Award Percentage of the Distributions.