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 such termination occurs on or following December 31 of the calendar year in which the Vesting Commencement Date occurs, the number of unvested Units that will continue to vest as provided in the Grant Notice will be equal to the number of unvested Units subject to your Actual Award.

  • If such termination occurs on or following December 31 of the calendar year in which the Vesting Commencement Date occurs, the number of unvested Units that will continue to vest as provided in the Grant Notice will be equal to all of the unvested Units subject to your Actual Award.

  • Each Actual Award will be paid solely from the general assets of the Company.

  • The Company (or the Affiliate employing the applicable Employee) will withhold all applicable taxes from any Actual Award, including any federal, state and local taxes (including, but not limited to, the Participant’s FICA and SDI obligations).

  • Named Executive Officer Awards Under the 2021 IPPBased on the above determination regarding appropriate funding of annual incentives for fiscal 2021, the OCC approved the following awards for each NEO: Target Award Actual Award Paid(1) (% of BaseNamed Executive Salary) (% of Base Officer ($) ($) Salary)Albert G.


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