Award Pool definition
Award Pool means, with respect to a Plan Year, 2.25% of Operating Income for the Plan Year.
Award Pool means, for a Performance Period, the dollar amount calculated in accordance with Section 7.2(b) by applying the Performance Formula for such Performance Period against the Performance Goals for the same Performance Period.
Award Pool means the total dollars available for funding Incentive Awards under the Plan for an applicable Plan Year.
Examples of Award Pool in a sentence
In the event of a Change in Control, the Grantee is eligible to receive an amount equal to his or her Award Percentage multiplied by the applicable Award Pool; provided, however, that the Grantee either (i) has not incurred a Termination of Service as of the day immediately prior to such Change in Control, or (ii) has incurred a Termination of Service within seventy-five (75) days of the Change in Control due to his or her termination without Cause or due to his or her death or disability.
More Definitions of Award Pool
Award Pool means a hypothetical cash amount equal to two percent (2%) of the Pretax Earnings for a specified Performance Year. Pretax Earnings for this purpose may not include Pretax Earnings from any period not included in the designated Performance Year and, if Performance Years overlap, the Committee must specify counting rules so that the aggregate of Award Pools for such Performance Years does not exceed the limit of two percent (2%) of the Pretax Earnings during the relevant periods.
Award Pool means the total dollars available for funding Incentive Awards under the Plan for an applicable Plan Year. The Award Pool is comprised of the Associates’ Pool and the Principals’ Pool.
Award Pool means, with respect to a Plan Year, an amount determined by the Board.
Award Pool means the incentive pool established in accordance with Section 5.
Award Pool means, with respect to a Plan Year, three percent (3%) of the Company’s operating income for the Plan Year.
Award Pool means a pool specified by the Committee, in accordance with Section 4 hereof, out of which Awards may be made to Participants. Awards may be paid in cash, equity awards issued under another stockholder-approved equity compensation plan of the Company, or a combination of cash and equity awards.
Award Pool means the award pool established pursuant to Section 4(c).