Phantom Stock Award definition
Phantom Stock Award means an Award granted under Paragraph XI of the Plan.
Phantom Stock Award means an Award granted under Section 10 of the Plan.
Phantom Stock Award means a cash award whose value is determined based on the change in the value of the Company Common Stock from the Effective Date.
Examples of Phantom Stock Award in a sentence
Prior to the Closing, the Company shall use its best efforts to obtain the execution and delivery of a Phantom Stock Award Acknowledgment from each holder of any Phantom Stock Award.
On the next scheduled payroll date following the Closing Date, the Company shall pay, through the Company’s payroll system, to each such holder of any Phantom Stock Award the amount set forth opposite such holder’s name in the applicable Phantom Stock Award Acknowledgment (net of applicable Tax withholding).
More Definitions of Phantom Stock Award
Phantom Stock Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).
Phantom Stock Award means the right to receive in cash the Fair Market Value of a share of Common Stock under Article X of the Plan.
Phantom Stock Award means an Award granted in accordance with the provisions of Section 11 hereof, which shall entitle the holder thereof to receive from the Corporation cash or Shares, or a combination of cash and Shares, based upon the Fair Market Value of Shares at the time of the expiration of the vesting period under such Award, subject to the terms and conditions of the Plan.
Phantom Stock Award means an Award granted under Section X.
Phantom Stock Award means an Award granted pursuant to Section 11 of the Plan.
Phantom Stock Award means an award of phantom shares of Common Stock granted to an Eligible Employee under Section 12.
Phantom Stock Award means an Award of Phantom Stock, granted pursuant to ARTICLE V.