Cash-Based Award definition

Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.
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Cash-Based Award means an Award, denominated in cash, granted to a Participant as described in Article 10.
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Cash-Based Award means an Award denominated in cash and granted pursuant to Section 11.
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Examples of Cash-Based Award in a sentence

  • Each Cash-Based Award shall specify a monetary payment amount or payment range as determined by the Committee.

  • Each Award Agreement evidencing a Cash-Based Award or Other Stock-Based Award shall set forth the extent to which the Participant shall have the right to retain such Award following termination of the Participant’s Service.

  • Payment or settlement, if any, with respect to a Cash-Based Award or an Other Stock-Based Award shall be made in accordance with the terms of the Award, in cash, shares of Stock or othersecurities or any combination thereof as the Committee determines.

  • Each Award Agreement evidencing a Cash-Based Award or Other Sha re-Based Award shall set forth the extent to which the Participant shall have the right to retain such Award following termination of the Participant’s Service.

  • Prior to the payment or settlement of a Cash-Based Award or Other Stock-Based Award, the Award shall not be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except transfer by will or by the laws of descent and distribution.


More Definitions of Cash-Based Award

Cash-Based Award means an Award that entitles the Participant to receive a cash-denominated payment.
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Cash-Based Award means an Award granted to a Participant, as described in Article 9 herein.
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Cash-Based Award means a cash Award granted pursuant to Section 11 of the Plan.
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Cash-Based Award means an Award granted to a Participant, as described in Article IX.
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Cash-Based Award means an Award, whose value is determined by the Committee, granted to a Participant, as described in Article XI.
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Cash-Based Award means an award denominated in cash that may be settled in cash and/or Shares, which may be subject to restrictions, as established by the Administrator.
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Cash-Based Award means an Award granted to a Participant as described in Section 11.
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