Schedule of Awards. Awards for a single occurrence are assigned by the Premium Pay Plan Panel and recommended to the City Council in accordance with the following schedule. An award is made based on the value of the contribution to the City, and may be for one of two levels in the judgment and sole discretion of the Panel. All premium pay awards are made in one-time payments. Alternative compensation is available in lieu of direct payment, at the option of the recipient.
Schedule of Awards. There have been no new issuances or grants of Company RSU Awards or Company Options or other Company Securities (whether under the Company Stock Plan or otherwise) between the Capitalization Date and the date hereof. Section 3.6(b) of the Company Disclosure Letter sets forth, for each Company Option and Company RSU Award, the holder, type of award, grant date, number of shares subject to such award, vesting schedule (including any acceleration provisions) and, if applicable, exercise price and expiration date. Except as would not be material to the Company and its Subsidiaries taken as a whole, the exercise price of each Company Option was not less than the fair market value of an underlying share of Company Common Stock as determined on the date of grant of such Company Option, as determined in accordance with Section 409A of the Code.
Schedule of Awards. Section 3.7(c) of the Company Disclosure Letter sets forth a correct and complete list of all awards outstanding under the Company Stock Plans as of the Capitalization Date, including with respect to each award: (i) the name of the holder thereof; (ii) the Company Stock Plan pursuant to which the award was granted; (iii) the number of shares of Company Common Stock subject to such award (including, for Company PSUs, both the maximum and, if applicable, target number of shares of Company Common Stock); (iv) the grant or issuance date; (v) any applicable vesting schedule; and (vi) with respect to each Company Option, (A) the exercise price and (B) the expiration date.
