STAR Awards definition

STAR Awards. As of your Last Day of Employment, if you were otherwise eligible for a STAR award and you worked at least 28 days (4 calendar weeks) during that fiscal year, you will receive a pro-rated STAR award for that fiscal year. Your STAR award will be pro-rated by dividing the number of calendar days during the fiscal year from July 1 through your Last Day of Employment by 365. Your STAR award will be paid in cash in the September (but no later than September 15th) immediately following the end of the fiscal year in which you terminate. Equity Awards(including Recognition Shares): Your separation will be treated as a Special Separation for purposes of any outstanding equity awards granted under the Procter & Xxxxxx 2009 Stock and Incentive Compensation Plan, the Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, the Procter & Xxxxxx 1992 Stock Plan, or xxx Xxxxxxxx Xxxxxxx 2004 Long-Term Incentive Plan and as a result the awards will be retained subject to the original terms and conditions of the awards. Awards granted under the Procter & Xxxxxx 2014 Stock & Incentive Compensation Plan are retained subject to the terms and conditions of the Awards. This agreement does not alter the rights and obligations that you may have under the Procter & Xxxxxx 2014 Stock & Incentive compensation Plan, the Procter & Xxxxxx 2009 Stock and Incentive Compensation Plan, the Procter & Xxxxxx 2001 Stock and Incentive Plan, the Procter & Xxxxxx 1992 Stock Plan, and xxx Xxxxxxxx Xxxxxxx 2004 Long-Term Incentive Plan.
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STAR Awards. As of your Employment Separation Date, if you were otherwise eligible for a STAR award and you worked at least 28 days (4 calendar weeks) during that fiscal year, you will receive a pro-rated STAR award for that fiscal year. Your STAR award will be pro-rated by dividing the number of calendar days during the fiscal year from July 1 through your Employment Separation Date by 365. However, if you are on a leave of absence prior to your Employment Separation Date, your first day out of the office will be used to calculate the pro-rated percent. Your STAR award will be paid in cash in the September (but no later than September 15th) immediately following the end of the fiscal year in which you terminate. Any current election for Stock Options will be reverted to cash. Equity Awards: Your separation will be treated as a Special Separation for purposes of any outstanding equity awards granted under the Procter & Xxxxxx 2009 Stock and Incentive Compensation Plan or xxx Xxxxxxxx Xxxxxxx 2004 Long-Term Incentive Plan and, as a result, you will retain the awards subject to the original terms and conditions of the awards. You will also retain awards granted under the Procter & Xxxxxx 2014 Stock & Incentive Compensation Plan and the Procter & Xxxxxx 2019 Stock & Incentive Compensation Plan subject to the terms and conditions of those Awards. For any award granted under the Long-Term Incentive Program (LTIP) and/or Performance Stock Program (PSP) within one year prior to the separation date, that award will be prorated based on the number of days worked in the 12 months following the October grant date, with a minimum of 28 days worked beyond the October grant date. This Separation Letter & Release does not alter the rights and obligations that you may have under the Procter & Xxxxxx 2019 Stock & Incentive Compensation Plan, the Procter & Xxxxxx 2014 Stock & Incentive Compensation Plan, the Procter & Xxxxxx 2009 Stock and Incentive Compensation Plan, and xxx Xxxxxxxx Xxxxxxx 2004 Long-Term Incentive Plan.
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STAR Awards which is in line with current thinking in Burundi on the integration of VCBHA in the Performance Based Financing (PBF )
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Examples of STAR Awards in a sentence

  • Unrestricted fund sources (mainly assessment funds) may be used for STAR Awards.

  • Records where EPA has certified a result or provided official recognition, such as ENERGY STAR Awards or other similar records, are records that have operational value for the program but are not considered essential for the ongoing management of the program and therefore fall under EPA Records Schedule 1035, item c: Routine environmental program and project records.

  • On-the-Spot Awards may no longer be issued but STAR Awards of amounts consistent with the criteria in Appendix A to this chapter can be issued.

  • They also filmed the Unity Celebration/Boneyard ribbon cutting program and the 2011 STAR Awards.

  • Reports enable DOE to track program success, identify inactive partners, inform enhancements to online tools and resources, and recognize achievements (e.g., ENERGY STAR Awards and Century Club Contractors).

  • Please be assured that we will take this unique circumstance into consideration in reviewing applications for the 2021 ENERGY STAR Awards, which recognize your ENERGY STAR achievements in calendar year 2020.

  • NOTE: For organizations that have been recognized with ENERGY STAR Awards in past years, the award evaluation committee will focus primarily on new strategies and activities initiated in 2009.

  • De gese- lecteerde en geprioriteerde opvattingen worden door de partij in haar verkiezingsprogramma geïntegreerd, dat vervolgens weer dient als basis voor de opstelling van de fractie in het parlement en van de eventuele bewindslieden in de regering.

  • Once fully implemented there is a nationally supported platform within the eEES system that will take over this function.Recognition• The STAR Awards held in May sought to recognise achievements consistent with the organisation’s values.• ‘Start up’ nomination boxes have been funded for the Learning from Excellence programme, which supports recognition and appreciation as a ‘business as usual’ concept.

  • Existing watershed communities, irrigation and fishery are usually sacrificed to pave the way for development.

Related to STAR Awards

  • Awards means Options, RSUs and PSUs granted to a Participant pursuant to the terms of the Plan;

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Other Stock-Based Awards means Awards granted to a Participant under Section 6(i) hereof.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Stock Incentives means, collectively, Dividend Equivalent Rights, Incentive Stock Options, Non-Qualified Stock Options, Performance Unit Awards, Phantom Shares, Stock Appreciation Rights and Stock Awards.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Service Awards means such funds as may be awarded by the Court to Plaintiffs to compensate them for their participation in the Action, as described in Section IV of this Agreement.

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Limited Stock Appreciation Right means an Award of a limited Tandem Stock Appreciation Right or a Non-Tandem Stock Appreciation Right made pursuant to Section 7.5 of this Plan.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • 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.

  • Stock Plans has the meaning set forth in Section 3.1(c).

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • SARS means the South African Revenue Service.

  • 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.

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.