Award Limit definition

Award Limit means with respect to Awards that shall be payable in Shares or in cash, as the case may be, the respective limit set forth in Section 3.3.
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Award Limit means 250,000 shares of Common Stock, as adjusted pursuant to Section 11.3; provided, however, that solely with respect to Performance Awards granted pursuant to Section 8.2(b), Award Limit shall mean $1,000,000.
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Award Limit means five hundred thousand (500,000) shares of Common Stock, as adjusted pursuant to Section 12.3; provided, however, that each share of Common Stock subject to an Award shall be counted as one share against the Award Limit.
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Examples of Award Limit in a sentence

  • For the avoidance of doubt, the Restricted Stock shall not be counted for purposes of calculating the aggregate number of shares of Common Stock available for issuance under the Plan as set forth in Section 2.1(a) thereof or for purposes of calculating the Award Limit.

  • Award Limit" shall mean 1,500,000 shares of Common ----------- Stock.

  • To the extent required by Section 162(m) of the Code, shares subject to Options which are canceled continue to be counted against the Option Limit and if, after grant of an Option, the price of shares subject to such Option is reduced, the transaction is treated as a cancellation of the Option and a grant of a new Option and both the Option deemed to be canceled and the Option deemed to be granted are counted against the Award Limit.

  • Bidder CCCC is the low bidder on the Base Set of Items and Option A (because Option B could be added to the contract and not exceed the Contract Award Limit).

  • Any such bonuses paid to Section 162(m) Participants shall be based upon objectively determinable bonus formulas established in accordance with the provisions of Section 3.2. The maximum amount of any Performance Award payable to a Section 162(m) Participant under this Section 8.2(b) shall not exceed the Award Limit with respect to any calendar year of the Company.


More Definitions of Award Limit

Award Limit means 500,000 shares of Common Stock.
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Award Limit means 1,079,924 shares of Common Stock, as adjusted pursuant to Section 11.3; provided, however, that each share of Common Stock subject to an Award shall be counted as one share against the Award Limit. Solely with respect to Performance Awards granted pursuant to Section 8.1(b) and payable in cash, “Award Limit” shall mean $4,000,000.
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Award Limit means the maximum Award amounts set forth in Section 2.3.
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Award Limit means with respect to Awards the limit(s) set forth in Sections 3.1 and 3.3.
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Award Limit means the Share limit set forth in Section 4.3.
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Award Limit means (a) with respect to Options, 180,000 Common Shares; (b) with respect to Performance Awards, $1,000,000; and (c) with respect to all other Awards, 60,000 Common Shares, in each case as adjusted pursuant to Section 10.3.
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Award Limit means 1,500,000 shares of Common Stock, as adjusted pursuant to Section 10.3.
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