Examples of R&D Award in a sentence
Optional supporting materialIn addition to the required supporting material listed above, you may also submit any other material you consider relevant to your application i.e. timeline/schedule of project, R&D Award report etc.
In view of the foregoing, the Company believes that the RD Award is fair and not excessive.
Furthermore, as the RD Award may not be released until after the vesting period and the achievement of certain predetermined performance conditions as determined by the Committee or otherwise in accordance with the Rules of the Plan, the rewards to be reaped from the grant of the RD Award would not be immediate.
The proposed grant of the RD Award is consistent with the Company’s objectives to motivate its key employees to achieve and maintain a high level of performance and contribution which is vital to the success of the Company.
The value of the RD Award would be best realised only when the results and prospects of the Group’s long term performance and growth translate directly into higher share price and higher shareholders’ wealth.
The Committee is of the opinion that the proposed grant of the RD Award is in the interests of the Company.
The aggregate number of Award Shares to be awarded under the EK Award and the RD Award do not exceed 25.0% of the Shares available under the Plan.
SPECIAL RECOGNITIONS AND AWARDS/PATENTS ISSUEDThe improvements in fuel cell catalyst performance and durability achieved in this project were recognized at the FY 2019 Annual Merit Review and Peer Evaluation Meeting, in which the project principal investigator received a Fuel Cell R&D Award for his leadership of this project.FY 2019 PUBLICATIONS/PRESENTATIONS1.
The Committee had been tasked to review the proposed grant of the RD Award to Robert Dompeling under the Plan.
The aggregate number of Award Shares to be awarded under the EK Award and the RD Award, when added to the number of Shares issued or issuable in respect of such other Shares issued and/or issuable under other share-based incentive schemes of the Company, shall not exceed 15.0% of the total number of issued Shares (excluding treasury shares) under all share plans and shall not exceed 25.0% of the Shares available under the Plan.