Award Payment definition

Award Payment means a cash payment to an Entitled Employee calculated pursuant to Section 4 (Award Payments).
Award Payment means the amount payable to a Participant for a given Award Period in respect of an Award.
Award Payment means the actual dollar or local currency amount paid to a Participant under any Award pursuant to the Plan.

Examples of Award Payment in a sentence

  • Such Service Award Payment shall be paid by the Settlement Administrator, in the amount approved by the Court, no later than thirty (30) days after the Effective Date.

  • The Settlement Administrator shall make the Service Award Payment to the Class Representative from the Settlement Fund.

  • Each Principal Responsible Attorney hereby covenants not to make any misrepresentation with respect to the Settlement Program or the terms and conditions of this Agreement to any Person, for example by leading Persons who are not Eligible Claimants to believe that they are, or may become, eligible to receive any Settlement Award Payment under the Settlement Program.

  • From and after the Effective Time, any such Cashed Out Compensatory Award shall no longer be exercisable by the former holder thereof, but shall only entitle such holder to the payment of the Compensatory Award Payment, if any.

  • The Claims Processor shall endeavor to make all Settlement Payments owed in relation to any particular Program Claim pursuant to this Agreement payable in the name of the relevant Settlement Program Claimant, his/her Counsel (if any) and each related Executing Derivative Claimant, subject to a reduction pursuant to common benefit fees and reimbursement of costs as set forth in Section 4.3.3 (for the avoidance of doubt, any such reduction nonetheless shall constitute a Settlement Award Payment).


More Definitions of Award Payment

Award Payment means the amount paid to a Participant for a given Performance Year in respect of an Award.
Award Payment means the actual dollar amount paid to a Participant under any Award pursuant to the Plan.
Award Payment means the amount of an award payment made, or to be made, to a Participant under the Plan, as set forth in Section 6.2.
Award Payment means the amount paid to a Participant for a given year in respect of an Award. A Participant’s Award Payment shall equal the sum of the Participant’s Individual Formula Amount and Individual Performance Amount.
Award Payment means a cash payment under an Incentive Award pursuant to Section 2.3, Section 3.2, or Section 5 hereof.
Award Payment means the amount paid in cash to a Covered Participant for a given Year in respect of an Award.
Award Payment means a payment under this Plan to a Participant, subject to Section 4 hereof.