Cash-Based Awards definition

Cash-Based Awards means Awards that, if paid, must be paid in cash and that are neither denominated in nor have a value derived from the value of, nor an exercise or conversion privilege at a price related to, shares of Common Stock.
Cash-Based Awards means Awards that, if paid, must be paid in cash and that are neither denominated in nor have a value derived from the value of, nor an exercise right or conversion privilege at a price related to, shares of Stock, as described in Section 4(a)(6).
Cash-Based Awards means an award granted pursuant to Section 12(a).

Examples of Cash-Based Awards in a sentence

  • The Committee may, in its sole discretion, grant Cash-Based Awards and Stock-Based Awards to any Participant in such number or amount and upon such terms, and subject to such conditions, as the Committee shall determine at the time of grant and specify in an applicable Award Agreement.

  • Any portion of your Potential Award in excess of the Payable Portion of your Potential Award will be forfeited to the extent that such portion, together with payments attributable to any other Cash-Based Awards that are granted during 2024 as Performance Based Awards, exceeds $10,000,000.


More Definitions of Cash-Based Awards

Cash-Based Awards means an Award granted to a Participant as described in Article 9 herein.
Cash-Based Awards means an Award, denominated in cash, granted to a Participant as described in Article 10.
Cash-Based Awards means an Award granted under Section 9.
Cash-Based Awards means an Award Granted under Section 6.8 of the Plan.
Cash-Based Awards means an Award entitling the recipient to receive a cash denominated payment.
Cash-Based Awards means an Award under Section 10 of the Plan that is payable in cash. “Change in Control” means:
Cash-Based Awards means an Award payable in cash only, which is granted to a Participant under Section 13.