162(m) Award definition

162(m) Award means an Award that is granted to a Covered Employee and is intended to qualify as “performance-based” under Section 162(m) of the Code
162(m) Award means an Option, Share Appreciation Right or Performance Award that is intended to constitute “performance-based compensation” within the meaning of Section 162(m)(4)(C) of the Code and the regulations promulgated thereunder.
162(m) Award means an Award intended to qualify as qualified performance-based compensation under Section 162(m) of the Code.

Examples of 162(m) Award in a sentence

  • After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives for such Performance Unit/Share unless such Award is a 162(m) Award.


More Definitions of 162(m) Award

162(m) Award means a ConAgra Performance Share Award that was intended to be “qualified performance-based compensation” within the meaning of Section 162(m) of the Code and the applicable regulations thereunder.
162(m) Award means an Award intended to qualify as “qualified performance-based compensation” within the meaning of Section 162(m).
162(m) Award means a conditional right to receive periodic cash incentive compensation intended to be “performance-based compensation” for purposes of Section 162(m) of the Code which is granted under the Incentive Plan to an Employee designated by the Committee as likely to be a Covered Employee.
162(m) Award means an Award granted hereunder that is intended to qualify as "performance-based compensation" under Code Section 162(m).
162(m) Award means an Award to an Employee that is intended to qualify as qualified performance based compensation for purposes of Code §162(m) and the Regulations issued thereunder. Except for an Option or SAR the value of which depends entirely upon an increase in the Fair Market Value of the Shares covered by such Award, an Award shall constitute a §162(m) Award only if the Committee designates it as such, and sets forth performance criteria that meet the requirements of Section 7(f), at the time the Award is granted.
162(m) Award means an Award made under the Plan that the Company intends to qualify as performance-based compensation under Code Section 162(m).
162(m) Award means any grant issued under this Plan that is intended to meet the performance-based exception under Section 162(m) of the Code.