Examples of Retention Stock Award in a sentence
If this Agreement has not been fully executed by the Effective Date, the Retention Stock Award shall be granted to the Executive on the date it is fully executed.
The Retention Stock Award shall vest on January 8, 2018 provided the Executive continues to provide services to the Company as of the date of vesting, as provided in the Equity Incentive Plan.
The Retention Stock Award shall vest on January 8, 2019 provided Executive continues to provide services to the Company as of the date of vesting, as provided in the Equity Incentive Plan.
Please note that the Retention Stock Award will be subject to the terms and conditions of the DB Share Scheme and will vest in equal annual installments on August 1, 2001, August 1, 2002 and August 1, 2003.
If this Agreement has not been fully executed on or prior to the Effective Date, the Retention Stock Award shall be granted to Executive on the date it is fully executed.
On April 30, 2005, the then value of the Retention Stock Award for the Primary Term under the Current Agreement, determined by the average of the high and low trading prices of Parent’s stock on the New York Stock Exchange on such date, shall be converted to a cash amount and credited to the Executive’s account in the Xxxxxx Executive Deferred Compensation Program.
A default or event of default occurs under any present or future Indebtedness of Borrower to Agent or any Lender not evidenced by the Loan Documents or a default or event of default occurs under any guaranty or security document executed by any Person in connection therewith, and any such default or event of default continues beyond the expiration of any applicable grace or cure period.
This stock award is granted under the provisions of the 2004 Alcoa Stock Incentive Plan, as last amended prior to the date above (the “Plan”), and is subject to the provisions of the Plan and the Special Retention Stock Award Terms and Conditions effective July 14, 2006 for the grant (the “Governing Documents”).
The Additional Retention Stock Award shall vest on January 8, 2021 provided Executive continues to provide services to the Company as of the date of vesting, as provided in the Equity Incentive Plan.
In the event that, due to administrative error, this Agreement does not accurately reflect a Retention Stock Award properly granted to Grantee pursuant to the Plan, the Company, acting through its Executive Compensation Department, reserves the right to cancel any erroneous document and, if appropriate, to replace the cancelled document with a corrected document.