Actual Award definition

Actual Award means as to any Performance Period, the actual award (if any) payable to a Participant for the Performance Period, subject to the Committee’s authority under Section 3(d) to modify the award.

Actual Award means as to any Performance Period, the actual award (if any) payable to a Participant for the Performance Period. Each Actual Award is determined by the Payout Formula for the Performance Period, subject to the Committee’s authority under Section 3.6 to eliminate or reduce the award otherwise determined by the Payout Formula.

Actual Award means as to any Performance Period, the actual award (if any) payable to a Participant for the Performance Period, subject to the authority of the Administrator (as defined in Section 3) under Section 4.4.

Examples of Actual Award in a sentence

• If your Actual Award is paid in Shares, the number of Shares shall be determined by dividing the Actual Award by the Fair Market Value (as defined in the Plan) of the Shares on the last day of the Performance Cycle.

• The Company will convert your Actual Award from U.S. dollars to your Local Currency using the exchange rate in effect for the compensation planning cycle in the year of payment (i.e., the same rate used for converting annual bonuses to local currency in the first quarter of the year of payment).

• The prorated value of the Actual Award shall be determined by multiplying the Actual Award by a fraction, the numerator of which is the number of days you were actively employed before your Termination of Service from the first day of the Performance Cycle, and the denominator of which is the total number of days from the first day of the Performance Cycle to the last day of the Performance Cycle.

• US.121147516.02 If an Actual Award is earned, you will receive the resulting payout no later than [March 15th] of the year following the end of the Performance Cycle (subject, of course, to the active employment criteria described herein).

• Misconceived conspiracy led to demotion, plaintiff alleged Type: Verdict-Plaintiff Amount: $1,000,000 Actual Award: $300,000 State: South Carolina Venue: Dorchester County Court: Dorchester County, Court of Common Pleas, SC Injury Type(s): • mental/psychological - emotional distress Case Type: • Intentional Torts - Conspiracy; Abuse of Process • Employment - Wrongful Termination Case Name: Mary Rita Watson v.

More Definitions of Actual Award

Actual Award means the product of (i) the Plan Payout Percentage (as determined under Section 3), and (ii) your Target Award.

Actual Award means as to any Plan Year, the actual award (if any) payable to a Participant for the Plan Year. The Actual Award is determined by the Payout Formula for the Plan Year, subject to the Committee’s authority under Section 3.5 to reduce the award otherwise determined by the Payout Formula.

Actual Award means (A) the product of (i) the Plan Payout Percentage (as determined under Section 3), and (ii) your Target Award[; plus (B) any Additional Performance Stock Units (as determined under Section 4)]. Notwithstanding anything in this Agreement to the contrary, the Committee may reduce the amount of your Actual Award in its sole discretion.

Actual Award means the dollar amount earned by a Participant on the basis of the performance of the Company during the annual Performance Period.

Actual Award means the vested portion of the Target Award (if any) payable to a Participant.

Actual Award means the finally determined amount payable under the Plan for a Performance Period.

Actual Award means the number of shares of Stock credited to a Designated Participant under the Program during a Performance Period based on achievement of applicable Performance Goals and Other Performance Goals.