Qualified Award definition

Qualified Award means an Award to a Covered Employee (as defined in Section 162(m) of the Internal Revenue Code) which is intended to qualify as performance-based compensation under Section 162(m) of the Internal Revenue Code.
Sample 1Sample 2Sample 3
Qualified Award means an Award or portion of an Award that is intended to satisfy the requirements for “qualified performance-based compensation” under Section 162(m) of the Code.
Sample 1Sample 2Sample 3
Qualified Award means an Award to a Covered Employee which is intended to qualify as performance-based compensation under Section 162(m) of the Internal Revenue Code.
Sample 1Sample 2

Examples of Qualified Award in a sentence

  • Most Qualified: Award of Contract, Requisition No. 13000210, Conmed, Inc.

  • Most Qualified: Award of Contract, Requisition No. 13000265, Tucson Recycling and Waste Services, L.L.C. (Headquarters: Tucson, AZ) for outsourcing of landfill and transfer station operations, in an amount not to exceed $7,694,737.00.

  • Most Qualified: Award of Contract, Requisition No. 0901706, in the total amount of $23,318,595.00 ($3,142,341.00 for software acquisition; $6,569,537.00 for maintenance/support for 10 years; $12,606,717.00 for professional services; and $1,000,000.00 for Contingency) to the highest ranked/most qualified respondent, CGI Technologies and Solutions, Inc.

  • Although around 2000 UNHCR and Uganda government implemented a repatriation programme for Congolese refugees, many more Congolese refugees have fled into Uganda due to the conflicts in the Eastern part of the country.

  • Most Qualified: Award of Contract, Requisition No. 13000034, Keefe Commissary Network, L.L.C. d.b.a. Keefe Group (Headquarters: Fontana, CA) for commissary outsourcing services in an annual amount of $1,000,000.00 for a total award amount of $5,000,000.00.

  • The 2004 Non- Qualified Award was granted pursuant to an individual agreement with the issuer and not pursuant to any employee stock plan.

  • Most Qualified: Award of Contract, Requisition No. 15-128, Line and Space, L.L.C. (Headquarters: Tucson, AZ) for the authority to enter into contract negotiations for the architectural design and construction administrative services for the new Pima Animal Care Center, to the highest ranked/most qualified respondent.

  • Most Qualified: Award of Contracts, Requisition No. 0800301, in the annual amount of $600,000.00 to the following respondents for temporary medical personnel.

  • In determining the amount of each Bonus, the Committee may, in its sole discretion (i) increase the size of any Bonus otherwise payable to any EMIP Participant (other than a Qualified Award) or (ii) reduce or eliminate the size of any Bonus otherwise payable to an EMIP Participant (including any Qualified Award), in each case to reflect such EMIP Participant’s individual performance or such other factors as the Committee deems relevant, or in recognition of changed or special circumstances.

  • Most Qualified: Award of Contract, Requisition No. 1303031 1103031, in the annual amount of $465,696.00 to the highest ranked/most qualified respondent, Cox Arizona Telcom, L.L.C. (Headquarters: Phoenix, AZ) for E-Rate Priority One telecommunications and internet connections.


More Definitions of Qualified Award

Qualified Award means a Performance Award that is based on services to be performed over at least a twelve consecutive-month Performance Period where (i) the payment of the Performance Award or the amount of the Performance Award is contingent on the satisfaction of organizational or individual performance criteria, and (ii) the performance criteria are not substantially certain to be met at the time a deferral election is permitted. Subjective performance criteria are permitted, but any subjective performance criteria must relate to the performance of the Participant, a group of employees that includes the Participant, or a business unit for which the Participant provides services (which may include the entire Company); and (ii) the determination that any subjective performance criteria have been met must not be made by the Participant or a family member of the Participant. Notwithstanding the foregoing, a Qualified Award does not include any amount or portion of any amount that will be paid either regardless of performance, or based upon a level of performance that is substantially certain to be met at the time the criteria is established, or that is based solely on the value of, or appreciation in value of, the Company or Company Stock.
Sample 1
Qualified Award means a Conditional Award granted under this French Schedule that is intended to qualify for the special tax and social security treatment applicable to free shares granted under Sections L. 225-197-1 to L. 225-197-6 of the French Commercial Code, as amended, at the Award Date, and that:
Sample 1

Related to Qualified Award

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

  • Other Stock or Cash Based Award means a cash payment, cash bonus award, stock payment, stock bonus award, performance award or incentive award that is paid in cash, Shares or a combination of both, awarded under Section 9.1, which may include, without limitation, deferred stock, deferred stock units, performance awards, retainers, committee fees, and meeting-based fees.

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.

  • Other Share-Based Award means a right, granted under Section 5(h), that relates to or is valued by reference to Shares.

  • Other Equity-Based Award means an Award that is not an Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, or Performance Share Award that is granted under Section 10 and is payable by delivery of Common Stock and/or which is measured by reference to the value of Common Stock.

  • Other Stock or Cash Based Awards means cash awards, awards of Shares, and other awards valued wholly or partially by referring to, or are otherwise based on, Shares or other property.

  • share-based award means an award under an equity incentive plan of equity-based instruments that do not have option-like features, including, for greater certainty, common shares, restricted shares, restricted share units, deferred share units, phantom shares, phantom share units, common share equivalent units, and stock.

  • Other Stock-Based Award means any right granted under Section 6(f) of the Plan.

  • Qualified Performance-Based Award means an Award intended to qualify for the Section 162(m) Exemption, as provided in Section 11.

  • Cash Award means an award denominated in cash.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Other Cash-Based Award means an Award granted pursuant to Section 10.3 of the Plan and payable in cash at such time or times and subject to such terms and conditions as determined by the Committee in its sole discretion.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Other Stock Award means an award based in whole or in part by reference to the Common Stock which is granted pursuant to the terms and conditions of Section 6(d).

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Stock-Based Award means any Award, denominated in Shares, made pursuant to this Plan, including Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Units, Performance Awards or Other Stock-Based Awards.

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Share Award means an award of Restricted Shares.