Stock Grant means the grant of shares of Stock not subject to restrictions or other forfeiture conditions.
Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.
Capitalization grant means the federal grant made to this state by the United States environmental protection agency for either of the following purposes:
Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.
Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.
Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.
Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.
Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.
Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).
Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.
Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).
Award Opportunity means a cash award opportunity established under the Plan for a Participant by the Committee pursuant to such terms, conditions, restrictions and/or limitations, if any, as the Committee may establish.
Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.
Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.
Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.
Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.
Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.
Deferred Stock Award means Awards granted pursuant to Section 8.
Bonus Award means a bonus award made pursuant to Section 9.
Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.
Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.
Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.
3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.
Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.
Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.