Award Price means the sum named in the Bid/proposal submitted by the Successful Bidder with any modification there of or addition thereto or deduction there from as may be made under the provisions contained in the proposal document.
Award Price means the Option Price in the case of an Option or the price to be paid for the shares of Common Stock, SARs or Units to be granted pursuant to an Award Agreement.
Examples of Award Price in a sentence
The Award Price arise from recommendations for award and signed supplier contract.
Where the Final Price is higher than the Award Price, the performance score is prorated.
Example: if the Final Price is KES2,700, Award Price is KES2,400, then the Price Ratio is [2,400*100/2700 = 89%].
The data to be captured in the ERP system include the following: Item Code, Item Description, Contract Number, Order Number, Supplier Name, Plan Price, Award Price, Price Variation, Final Price.
The Price Ratio is defined as [Award Price x 100/Final Price]; which should be 100% where the Final Price is equal to the Award Price.
More Definitions of Award Price
Award Price means the unit price offered by the Contractor and set forth opposite the item in the Schedule.
Award Price means the price at which an Option or a SAR may be granted in accordance with Exchange Policy and Securities Laws. The Award Price shall not be less than the Fair Market Value of a Share on the date of grant of the Award;
Award Price means the price specified in the Award Agreement with respect to an SAR pursuant to Section 8.B.
Award Price shall meam the price of a Unit specified in the Award Agreement being a sum equivalent to the mid-market price of a Share on the Award Date or such other price as the Trustee shall determine.
Award Price means the acquisition price payable for a Share upon the exercise of an Award which shall be:
Award Price means the price at which each Share subject to the Share Appreciation Right is granted, being the price determined by the Board by reference to the average Market Value of the Shares in the 14 days prior to the Date of Award;
Award Price means an initial price for the PSUs and RSUs determined by the Committee, provided that for any Award such price shall not be less than the Market Value of the corresponding class of Shares immediately prior to the start of the applicable Term;