Vested Award definition

Vested Award means any Award, which has already been vested according to the Vesting Dates.
Vested Award means an Award that has Vested.
Vested Award means an Award which has become vested in accordance with the provisions of the Plan and applicable Award Agreement or in respect of which the vesting date has been accelerated pursuant to Sections 4(d), 7, or 9(a) of the Plan.

Examples of Vested Award in a sentence

  • If the Recipient elects this method of satisfying withholding obligations, the Recipient acknowledges and understands that any Vested Award Shares repurchased from the Recipient may result in tax consequences to the Recipient.

  • Prior to the time the Vested Award Units are settled, the Grantee will have no rights other than those of a general creditor of the Company.

  • Except in accordance with Rule 4.7, an Award, including a Vested Award, is not transferable or assignable by the Participant.

  • Notwithstanding the foregoing, the Deferral Election shall be irrevocable and the dates specified for distribution of Vested Award Shares may not be modified after the date hereof except as otherwise permitted under Section 409A of the Code.

  • Each Vested Award Unit will be paid to the Grantee in one share of Common Stock, provided that the Company will have no obligation to issue shares of Common Stock pursuant to this Agreement unless and until the Grantee has satisfied any applicable tax obligations pursuant to Article 9 below and such issuance otherwise complies with all applicable law.


More Definitions of Vested Award

Vested Award means, as of any date, any Award (or any portion thereof) which by its terms has vested and become exercisable as of such date.
Vested Award means an Award that has Vested.1.2 Words denoting the singular shall include the plural and vice versa. 1.3 Words denoting the masculine gender shall include the feminine gender. 1.4 References in these Rules to a rule, clause, sub-clause, paragraph or subparagraph are, unless otherwise stated, references to a rule, clause, sub-clause, paragraph or subparagraph of these Rules. 1.5 Rule headings are inserted for convenience only and are to be ignored in construing these Rules. 1.6 References in this Plan to any statute, regulation or enactment shall be deemed to include references to such statute, regulation or enactment as extended, re-enacted or amended. 1.7 Unless me Administrator otherwise determines, all sums shall be calculated and paid in US dollars. 2. GRANT OF AWARDS The Administrator may by resolution grant Awards to one or more employees or service providers selected by the Administrator in its discretion, provided that:2.1 no employee or service provider shall be entitled as of right to the grant of an Award; 2.2 no Award may be granted under this Plan after the tenth anniversary of the date of the adoption of the Plan by the Administrator; and
Vested Award means a Time-Based Award (or portion thereof) that is fully vested and nonforfeitable due to the lapse of the applicable Time Restriction.
Vested Award. – means an Award which the Grantee is entitled to exercise into Exercised Shares in accordance with the provisions of Section 7.2 of the Plan or, if inconsistent with the provisions of Section 7.2 of the Plan, the provisions of the Award Agreement of such Grantee.
Vested Award means the part of the Award from time to time which has Vested but has neither been exercised nor lapsed under the Rules.
Vested Award means, subject to the rules of the RSP, an Award, or (as the case may be) that part of an Award, in respect of which the participant has become entitled to have Shares transferred to him (or his nominee) subject to the RSP rules.Notes
Vested Award means a Vested Restricted Share Unit or Earned Performance Share Unit and "Vested Awards" means any of the foregoing, as the circumstances require;