Award Cycle definition

Award Cycle means a period of consecutive fiscal years or portions thereof designated by the Committee over which Performance Units are to be earned.

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Award Cycle means a period of consecutive fiscal years or portions thereof designated by the Committee over which Awards are to be earned.

Award Cycle means the three-year period beginning on January 1, 2005, and ending at the close of business on December 31, 2007.

Examples of Award Cycle in a sentence

• Except as otherwise determined by the Committee, or except as otherwise provided in paragraph 7 (“Early Cancellation/Accelerated Vesting of PSUs”), the PSUs shall vest only if the Participant is continuously employed by the Company or a Related Company (as defined in paragraph 13) from the date the PSUs are granted through the end of the Award Cycle.

• The Participant shall vest in the RSUs only if the Participant is continuously employed by the Company or a Related Company (as defined in paragraph 13) from the date the RSUs are granted through the end of the Award Cycle, except as otherwise provided in paragraph 7 (“Early Cancellation/Accelerated Vesting of RSUs”) or as otherwise provided by the Committee.

• The number of Performance Units earned for the Award Cycle shall be determined in accordance with the following chart: Performance Units earned for performance between the percentiles shown above will be determined by straight-line interpolation; provided, that, in all cases, the number of Performance Units which the Participant earns shall be a whole number (disregarding any fraction).

• Any Performance Units awarded hereunder that the Participant does not earn at the end of the Award Cycle pursuant to the foregoing chart shall be forfeited.

• A Change in Control or an involuntary termination without Cause that occurs after the end of the Award Cycle shall have no effect on whether any PSUs vest or become payable under this paragraph 7(d).

More Definitions of Award Cycle

Award Cycle means the period of consecutive fiscal years or portions thereof designated by the Committee over which Performance Units are to be earned.

Award Cycle means a period of consecutive fiscal years or portions thereof designated by the Administrator over which Deferred Stock Units are to be earned.

Award Cycle is the period beginning on the first day of the Company’s fiscal year 2016 and ending on the last day of the Company’s fiscal year 2018.

Award Cycle means a fiscal year or a period of consecutive fiscal years or portions thereof designated by the Committee over which Performance Units are to be earned.

Award Cycle means a period of consecutive fiscal years, or portions thereof, over which Performance Awards are to be earned.

Award Cycle means a period of not less than three fiscal years over which performance units granted during a particular year are to be earned out.

Award Cycle means the one or more periods of time, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for purposes of determining an awardee’s right, and the payment of, a Performance Award.