TV One Award definition

TV One Award means Liggins' annual award in connection with returns on the investment made by any member of the Borrower's consolidated group in TV One pursuant to the CEO Employment Agreement or otherwise and shall include any similar or replacement arrangement whereby Liggins receives a return related to, in respect of, or otherwise determined by reference to, such investment in, or the performance of, TV One.
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TV One Award shall have the meaning set forth in Section 5.5(a) hereof.
Sample 1
TV One Award means Xxxxxxx' annual award in connection with returns on the investment made by any member of the Borrower's consolidated group in TV One pursuant to the CEO Employment Agreement or otherwise and shall include any similar or replacement arrangement whereby Xxxxxxx receives a return related to, in respect of, or otherwise determined by reference to, such investment in, or the performance of, TV One.
Sample 1

Examples of TV One Award in a sentence

  • Within 15 business days, each of the Executive and the Company shall at their own cost and expense (subject to the following sentence) engage their own independent, nationally recognized investment banking, accounting, or valuation firm to make a determination as to the Fair Market Value of the TV One Award.

  • The terms of the TV One Award, including treatment of such award in connection with Executive’s employment termination, are more fully set forth on Exhibit B.

  • A flow diagram of the vehicle dynamic model employed in this study is presented in Figure 4, and the details of each submodule are discussed from Sections 2.2.1–2.2.7. Figure 3.

  • Following the completion of the Valuation Report(s) (as defined below) and subject to Section 6.6 (including the 6-month delay therein), the Company shall pay Executive through payroll, subject to taxes and other required withholdings, the Fair Market Value (as defined below) of the TV One Award in a single lump sum in the 8th month following such Qualifying Termination.

  • Each of the Executive’s valuation firm and the Company’s valuation firm shall deliver its written determination of the fair market value of the TV One Award within sixty (60) days of its engagement.

  • The TV One Award shall be calculated in the manner set forth in the TV One Dividend Policy as set forth on Exhibit A attached hereto.

  • The Valuation Firm shall deliver its written determination of the fair market value of the TV One Award within sixty (60) days of its engagement to the Executive and the Company (the “Valuation Report”).

  • As soon as practicable after the date hereof, the parties shall enter into agreements evidencing the TV One Award.

  • Notwithstanding Section 5.3 or Section 2 of Exhibit B, if a Change of Control occurs prior to Executive’s termination of employment, the Company shall liquidate and fully pay out the value of the Executive’s interest in the TV One Award at its Fair Market Value (as defined below).

  • The Company’s obligation to pay the TV One Award shall be triggered (i) only after the Company’s recovery of the aggregate amount of its capital contribution in TV One and (ii) only upon actual receipt of (A) distributions of cash or marketable securities or (B) proceeds from a liquidity event with respect to the Company’s membership interest in TV One, or as otherwise specified on Exhibit B.

Related to TV One Award

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Unit Award means a grant of a Unit that is not subject to a Restricted Period.

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.