STI Award definition

STI Award shall have the meaning set forth in Section 4(c) below.
STI Award means a cash-based award under the Equity and Incentive Plan.
STI Award means a cash-based award under the Equity and Incentive Plan or Pioneer Hi-Bred International, Inc. Annual Reward Plan.

Examples of STI Award in a sentence

  • Following such termination of Employee’s employment for Cause, except as set forth in this Section 8(c)(ii), Employee shall have no further rights to any compensation or any other benefits under this Agreement (including, but not limited to, any payment of any STI Award that has not been paid as of the date of Employee’s termination of employment).

  • The criteria applicable to the initial STI Award, and the form and timing of payment of the STI Award, are set forth on Exhibit A hereto, and the criteria applicable to subsequent STI Awards, and the form and timing of payment of subsequent STI Awards, will be set forth in awards adopted by the Compensation Committee during the first fiscal quarter of each fiscal year.

  • An STI Deferral Eligible Employee may elect to cancel a Deferral Election made pursuant to this section on account of Changed Personal Circumstances provided such election is made on or before the date that is six months before the end of the performance period over which the STI Award shall be determined.

  • Each STI Award, if any, shall be paid as soon as administratively feasible after the Board (or a committee thereof) certifies whether the applicable performance targets for the applicable STI Year have been achieved, but in no event later than March 15 following the end of such STI Year.

  • Any election made pursuant to this section shall remain in effect unless and until changed by the Participant; provided, however, that with respect to any STI Award earned during any future taxable year, such election becomes irrevocable on the date that is six months before the end of the performance period over which the STI Award shall be determined.


More Definitions of STI Award

STI Award means the short-term incentive award payable to a Participant as provided in Section 5.1(c).
STI Award means that portion of the award granted to a Participant under WRIT's short-term incentive plan and paid to the Participant for services performed during a Plan Year as of December 15th of such Plan Year, or that would be paid to the Participant on such date but for the Participant's STI Deferral election under Section 3.2.'
STI Award means an annual cash-based bonus award granted hereunder. STI Awards shall constitute Other Cash-Based Awards under the Omnibus Incentive Plan.
STI Award means an award of Restricted Share Units granted pursuant to Section 5.2, together with any related Dividend Equivalents;
STI Award means an amount payable to a Participant under the Plan (which may be satisfied in cash or shares at the absolute discretion of the Board).
STI Award means the award granted to a Participant under WRIT's short-term incentive plan for services performed during a Plan Year."
STI Award shall have the meaning set forth in Paragraph 3 below.