Related Award definition
Examples of Related Award in a sentence
A Related Share Unit may, in the Committee’s discretion, apply to all or a portion of the Shares subject to the Related Award.
A Related Right may, in the Committee’s discretion, apply to all or a portion of the Shares subject to the Related Award.
Similarly, the exercise or settlement, in whole or in part, of a Related Award will cause a reduction in the number of Shares subject to the Related Right equal to the number of Shares with respect to which the Related Award is exercised or settled.
A Related Right may, in the Committee’s discretion, apply to all or a portion of the Options subject to the Related Award.
These award agreements (“Stock Related Award Agreements”) are all of the agreements between the parties regarding incentive and equity related plans or awards pertaining to Executive that shall apply and Executive waives and releases any and all claims to the contrary.
The purposes of this Stock Related Award Incentive Plan are to attract and retain the best available personnel, to provide additional incentive to Employees and Directors for a long term of commitment to the success of the Company’s business.
Before the IPO and the Company’s stocks become publicly tradable, the Company reserves the rights to change and revert any terms of this Stock Related Award Incentive Plan.
The prevailing currency of this Stock Related Award Incentive Plan shall be US$.
After the Company’s IPO and its stocks become publicly tradable, a new Stock Related Award Incentive Plan will be adopted for the exercise of award.