Appreciation Award definition
Examples of Appreciation Award in a sentence
The Association and the Employer will jointly provide an Employee Appreciation Award of Thirty ($30.00) Dollars per employee in December of each year for all active employees on the payroll as at November 15th of each year.
Employees involuntarily terminated for cause are not eligible for the Service Appreciation Award.
Anything in this Agreement or the Value Appreciation Plan to the contrary notwithstanding, if such termination occurs during the first thirty-six (36) months of the Term, Executive shall forfeit the Time Vested Value Appreciation Award.
The determination of the equity appreciation award may be expressed mathematically as follows: Equity Appreciation Award = $270,000 * [(▇▇▇ - 23)/10], where ▇▇▇ cannot be less than 23 nor more than 33.
Each holder of a vested or unvested Unit Appreciation Award shall have executed and delivered to Seller a release in form reasonably satisfactory to Purchaser (each a “Release Agreement”), releasing all claims against Seller and Purchaser and its Affiliates from any claim arising from or related to the Unit Appreciation Awards Plan.