Type of Stock Award definition

Type of Stock Award. [Restricted] [Performance] Stock Award Date of Grant: [insert date] Vesting Schedule: [Insert for Restricted Stock] [The Granted Stock shall vest in full over [•] years. The first [•] of the Granted Stock shall vest on the date the Grantee completes [•] year(s) of continuous Service after the Vesting Commencement Date. An additional [•] of the Granted Stock shall vest on the date the Grantee completes each year of continuous Service thereafter until Grantee is 100% vested in the Restricted Stock on the [•] year anniversary of the Vesting Commencement Date.] [Insert for Performance Stock] [The Performance Goal established for 100% vesting of the Granted Stock is [insert performance measure] of [insert performance target]. [•] percent of the Granted Stock shall vest on the date the Compensation, Nominating and Governance Committee of the Board of Directors of the Company (the "Administrator") determines that the Company achieved [insert performance measure] of [insert performance target]. [The remaining percent will vest on the date the Administrator determines the Company achieved [insert performance measure] of [insert performance target]. Vesting Commencement Date: The date that is the last day of the month in which the Grant is made. Please sign below to acknowledge the terms and conditions of this Stock Award. By: Name: ___________________________________________________
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Type of Stock Award. [Restricted] [Performance] Stock Award
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Type of Stock Award. [Restricted][Performance] Stock Award Date of Grant: Vesting Schedule: The Granted Stock shall vest in full over years. The first of the Granted Stock shall vest on the date the Grantee completes year(s) of continuous Service after the Vesting Commencement Date. An additional of the Granted Stock shall vest on the date the Grantee completes each year of continuous Service thereafter, so Grantee would be 100% vested in the Restricted Stock on the year anniversary of the Vesting Commencement Date.
Sample 1

Examples of Type of Stock Award in a sentence

  • Key aspects in this clinical piece of work resonate with issues which arose from the analysis of the research study and the critical literature review.

Related to Type of Stock Award

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

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

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

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Other Stock Award means an award based in whole or in part by reference to the Common Stock which is granted pursuant to the terms and conditions of Section 6(d).

  • Stock Award means any right to receive Common Stock granted under the Plan, including an Incentive Stock Option, a Nonstatutory Stock Option, a Restricted Stock Award, a Restricted Stock Unit Award, a Stock Appreciation Right, a Performance Stock Award or any Other Stock Award.

  • 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.

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

  • 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.

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

  • 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 Award means any Award granted pursuant to Section 7.2(a).

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

  • 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.

  • 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.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

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

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

  • Plan Share Award means a right granted under this Plan to receive Plan Shares.

  • Restricted Share Award means an award of Restricted Shares.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

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