Stock Bonus Award definition

Stock Bonus Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

Stock Bonus Award means an Award granted under Section 10 of this Plan.

Stock Bonus Award means an Award granted under Section 10 of the Plan.

Examples of Stock Bonus Award in a sentence

• The Committee will determine the number of Shares to be awarded to the Participant under a Stock Bonus Award and any restrictions thereon.

• No payment from the Participant will be required for Shares awarded pursuant to a Stock Bonus Award.

• Payment may be made in the form of cash, whole Shares, or a combination thereof, based on the Fair Market Value of the Shares earned under a Stock Bonus Award on the date of payment, as determined in the sole discretion of the Committee.

• Prior to the grant of any Stock Bonus Award the Committee shall: (a) determine the nature, length and starting date of any Performance Period for the Stock Bonus Award; (b) select from among the Performance Factors to be used to measure performance goals; and (c) determine the number of Shares that may be awarded to the Participant.

• Each Stock Bonus Award Agreement shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate.

More Definitions of Stock Bonus Award

Stock Bonus Award means an award of Common Stock under Section 7.A.

Stock Bonus Award means an award of Common Stock granted pursuant to Section 10.

Stock Bonus Award means an Award granted pursuant to Section 10 of the Plan.

Stock Bonus Award means an award made pursuant to Section 9.

Stock Bonus Award means an Award granted pursuant to Section 8 or Section 12 of the Plan.

Stock Bonus Award means an amount of cash or shares of Common Stock which is distributed to a Participant or which the Committee agrees to distribute in the future to a Participant in lieu of, or as a supplement to, any other compensation that may have been earned by services rendered prior to the date the distribution is made. Unless otherwise determined by the Committee, the amount of the award shall be determined by reference to the Fair Market Value of Common Stock. Performance Stock Awards, Performance Unit Awards, Restricted Stock Awards and Restricted Unit Awards are specific types of Stock Bonus Awards.

Stock Bonus Award means an award of Common Stock granted pursuant to Section 7(a) of the Plan.