Award Payments. On or around May 15 following the close of the Performance Period, and following the computation of the Annual Bonus Pool Award, the Participant shall be paid in cash. The Committee shall retain sole and full discretion to reduce, in whole or in part, the amount of any Annual Bonus Pool Award otherwise payable to the Participant under the Plan. Payment of the Annual Bonus Pool Award may be made, subject to any deferred compensation election which may be permitted pursuant to any deferred compensation plan of the Company on which the Participant participates, at such times, with such restrictions and with such conditions as the Committee, in its sole discretion, may determine at the time of the grant of the Annual Bonus Pool Award.
Award Payments. ASAP Enrollment Your award payments will be made through electronic funds transfers using the U.S. Department of the Treasury’s Automated Standard Application for Payments (ASAP) system. Recipients must enroll in ASAP system by first submitting an Organization Profile Change Request via Grants Online, which will include the following requirements: 1. EIN#
Award Payments. In the event of a taking pursuant to any of the foregoing subsections, Lessor and Lessee shall work in good faith to divide the award according to their respective interests in the Leased Property, and if they are unable to reach agreement, the award shall be shared according to their Pro Rata Interests, except awards with respect to personal property owned by each party shall belong to that party alone.
Award Payments a. Consistent with 15 C.F.R. §§ 14.22 and 24.21, the advance method of payment shall be authorized unless otherwise specified in a special award condition. The Grants Officer determines the appropriate method of payment. Payments will be made through electronic funds transfers directly to the recipient’s bank account and in accordance with the requirements of the Debt Collection Improvement Act of 1996 and the Cash Management Improvement Act. The DOC Award Number must be included on all payment-related correspondence, information, and forms.
Award Payments. (a) At the Effective Time, each outstanding Option shall terminate and shall be cancelled, and the holder of each Vested Option shall be entitled to receive an amount in cash equal to the sum of (x) (i) the product of (A) the number of shares of Common Stock subject to such Vested Option and (B) the Closing Per Share Cash Consideration minus (ii) the product of (A) the number of shares of Common Stock subject to such Vested Option and (B) the exercise price of such Vested Option; and (y) such Holder’s Pro Rata Share of Distributions with respect to such Vested Option, except for such Distributions not made in accordance with a Holder’s Pro Rata Share as a result of differential values of Subaccounts as contemplated by Section 9.6(a). Each Option outstanding to purchase shares of Common Stock from the Company which is not a Vested Option at the Effective Time shall terminate and be canceled for no consideration.
Award Payments a. The claim file shall reflect demonstrated efforts to initiate/batch payments on undisputed Awards, Commutations, or Compromise and Release agreements within 10 working days following receipt of the appropriate document, unless the Award indicates payment is due sooner.
Award Payments. On or around May 1 following the close of the 2007 fiscal year, and following the determination of the extent to which the Performance Objectives have been met and the amount of the Annual Bonus Award earned by the Participant, the Participant shall be paid either in cash or shares of Common Stock of the Company. The Committee shall determine whether such payment will be made in cash or stock. The Committee shall retain sole and full discretion to reduce, in whole or in part, the amount of any Annual Bonus Award otherwise payable to the Participant under the Plan. Payment of the Annual Bonus Award may be made, subject to any deferred compensation election which may be permitted pursuant to any deferred compensation plan of the Company on which the Participant participates, at such times, with such restrictions and with such conditions as the Committee, in its sole discretion, may determine at the time of the grant of the Annual Bonus Award.
Award Payments. On or around February 29, 2016, and following the computation of the annual bonus award, the Participant shall be paid an amount equal to the earned award as follows: (i) 80% of the earned award will be payable in cash and (ii) 20% of the award will be payable, at the Committee’s discretion, in shares of restricted common stock of the Company issued pursuant to the Company’s 2012 Long Term Incentive Plan, or LTIP. Any shares of restricted common stock shall be subject to the terms and conditions of the LTIP plan. Any portion of the payment made in the form of restricted stock awards will not be transferable by the Participant until the restrictions on such awards lapse which shall occur as to one-half of the awards if the Participant remains an employee of the Company or one of its subsidiaries on December 31, 2016 and as to the other half of the awards if the Participant remains an employee of the Company or one of its subsidiaries on December 31, 2017. During the period that any shares of the restricted stock awards are subject to restriction on transfer, the Participant shall not be entitled to vote such shares or to receive dividends with respect to such shares and the Participant covenants and agrees not to exercise any voting rights or accept any dividends with respect to shares subject to such restriction during such period.
Award Payments. ESCO shall engage all appropriate utility companies and reasonably apply all available rebates and incentives available from the utility to reduce the overall cost of the project. ESCO shall include a list and an estimate of all applicable utility rebates, local, state and federal rebates or tax incentives that will be sought to reduce the cost of the overall project. ESCO must show documentation with reasons stating why any incentives listed in the estimates are no longer available. Owner understands that amount might differ upon project completion based on availability.
Award Payments. Payments of any money or awards to users concerning, in connection with, or in relation to any information or materials posted on the Web site shall be handled in accordance with the specific terms and conditions governing the particular posting. Additionally, the conditions or requirements for eligibility or qualification will be the set forth in the particular call for postings. VC retains the sole authority to determine or decide whether a posting complies with the specific posting criteria and/or whether to otherwise accept a particular submission.
