Award Opportunity definition

Award Opportunity means a cash award opportunity established under the Plan for a Participant by the Committee pursuant to such terms, conditions, restrictions and/or limitations, if any, as the Committee may establish.

Award Opportunity means the various levels of incentive awards which a Participant may earn under the Plan, as established by the Committee pursuant to Section 5.1.

Award Opportunity means an opportunity granted by the Committee to a Participant to earn a Long-Term Incentive Bonus under the Plan with respect to a Performance Period, payable in Shares to be delivered under the Stock Incentive Plan, with such opportunity subject to the terms and conditions of the Award Agreement, the Plan, the Performance Bonus Plan and the Stock Incentive Plan.

Examples of Award Opportunity in a sentence

• The Committee shall provide an Award Agreement to each Participant as soon as practical following the establishment of the Maximum Shares and Target Shares under the Participant’s Award Opportunity for the Performance Period.

• Target incentive opportunities are also evaluated relative to peer group levels.2023 Annual Incentive Award Opportunity for Named Executive Officers The 2023 annual incentive compensation targets and ranges for our NEOs, expressed as a percentage of base salary, are set forth in the table below: NameTarget (% of Salary)Range (% of Salary)Brian M.

• Not later than the 90th day of each Performance Period and subject to the terms and conditions of Section 5 of the Performance Bonus Plan (including the limits on a Participant’s maximum Long-Term Incentive Bonuses with respect to the Performance Period), the Committee shall establish the Maximum Shares and Target Shares for each Participant’s Award Opportunity for the Performance Period.

• ECF 11-3, at 2.2 The APR also provided that a Participant may receive a payment that is equal to, greater than or less than, including zero ($0), his or her Individual Award Opportunity from the Enterprise Pool based on individual performance and the pool for his or her business group or functional area, if applicable, determined at management’s discretion.

More Definitions of Award Opportunity

Award Opportunity means the range of possible Bonus Awards that a Participant may earn under the Plan, as established by the Committee pursuant to Article IV.

Award Opportunity means the award opportunity determined under Section 3.1 of the Plan.

Award Opportunity means an opportunity granted by the Committee under the Plan to an Eligible Executive to earn a Short-Term Incentive Bonus under this Plan with respect to a Performance Period, payable in cash and subject to the terms and conditions of this Plan and the Performance Bonus Plan.

Award Opportunity means the Participant's opportunity to earn specified amounts based on performance during a Performance Period. An Award Opportunity constitutes a conditional right to receive settlement of an Award.

Award Opportunity means a specified percentage of the Award Pool that a Participant potentially may earn in respect of a specified Performance Year, subject to such additional requirements as the Committee may impose. An Award Opportunity constitutes a conditional right to receive an Award.

Award Opportunity means the various levels of incentive compensation, payable in connection with a PSU in cash and/or Shares, which a Participant may earn under the Plan with respect to a Performance Period, as established by the Committee pursuant to Article 5 herein.

Award Opportunity means a percentage of a Participant's Beginning Base Salary, which percentage shall be established by the Committee in its discretion, subject to adjustment by reason of any promotion occurring during the first 90 days of an Award Cycle.