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. ACKNOWLEDGED BY GRANTEE: By: Name: ___________________________________________________ ANNEX A
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Type of Stock Award. [Restricted][Performance] Stock Award Date of Grant: 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, so Grantee would be 100% vested in the Restricted Stock on the year anniversary of the Vesting Commencement Date.
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Examples of Type of Stock Award in a sentence

  • You have been granted the following Stock Award: Name of Grantee: Total Number of Shares Granted: (“Granted Stock”) Type of Stock Award: [Restricted] [Performance] Stock Award Date of Grant: _______________, 2011 Vesting Schedule: [Insert for Restricted Stock] [The Granted Stock shall vest in full over 10 years.

  • You have been granted the following Stock Award: Name of Grantee: Total Number of Shares Granted: (“Granted Stock”) 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.

  • End of Period Jan-30-2008 1000 Awarded to: Social Security Number: Employee ID: Award Issued: Type of Stock Award: Restricted Stock Award Number: Award Date: Award Price: This restricted stock award was granted to you on by Allergan, Inc.

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 an award granted under a Company Equity Plan that grants the holder a share of Company Common Stock subject to the terms and conditions of the applicable award agreement and the applicable Company Equity Plan.

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

  • Restricted Share Award means an award of Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(a).

  • 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 of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).