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.
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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

  • 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.

  • 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.

  • Promptly, and in any event within thirty (30) days following the Change of Control, the Company shall pay Executive through payroll, subject to taxes and other required withholdings, in a single lump sum the Fair Market Value of the TV One Award.

  • Notwithstanding anything herein to the contrary, in the event of a termination for Cause, then the Executive rights hereunder to the TV One Award shall automatically extinguish and cease in their entirety.

  • 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.

  • 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).

  • 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.

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

  • 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 Executive’s eligibility to receive the TV One Award shall survive a Change of Control and/or Executive’s termination of employment; provided, however, that in the event of either a termination for Cause or termination by Executive without Good Reason, the Executive’s rights hereunder to the TV One Award shall automatically extinguish and cease in their entirety.

Related to TV One Award

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Fee Award means the amount of attorneys’ fees and reimbursement of costs and expenses awarded by the Court to Class Counsel.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Prior Plan Award means an award outstanding under the Prior Plan as of the Effective Date.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Performance Unit Award means an award of Performance Units under this Plan.

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

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

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

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

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

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • 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.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • 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.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.