Current Award definition

Current Award means a Deferred Stock Bonus Award granted under the terms and conditions described in Section 8.2(c) hereof.
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Current Award means an Award payable pursuant to section 7(a) of the Plan.
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Current Award means an Award granted to an Eligible Employee pursuant to Article V that is payable on or before the March 1 following the Performance Period.
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Examples of Current Award in a sentence

  • If the relevant performance criteria are not achieved, all or a portion of the Current Award will be forfeited.

  • Notwithstanding the foregoing, any eligible Participant who does not elect to receive a Deferred Award within the time designated by the Company shall be granted a Current Award.

  • Under an EPC, the revenues obtained from energy savings should be used to refinance obligations and also fund other EE interventions.

  • Each Participant who is granted a Deferred Stock Bonus Award and selected by the Committee in its discretion may elect, in writing, on a form to be furnished by the Company, to receive a Current Award or a Deferred Award.

  • Shares subject to a Current Award will be distributed in ten (10) consecutive, approximately equal, annual installments, commencing in the first calendar quarter of the year following the year in which the Deferred Stock Bonus Award is granted.

  • The performance criteria of the Current Award are based on the attainment of specific funds from operations, or FFO, per share.

  • Burke Hayes Nominations due by December 15th IEEE PES Uno Lamm High Voltage Direct Current Award Nominations due by November 30th IEEE PES Wanda Reder Pioneer in Power Award Nominations due by January 15th IEEE PES Working Group Recognition AwardsThe PES Working Group Recognition Awards recognize “the most outstanding and timely publications” by a PES Working Group (or Committee or Subcommittee) from among the nominations.

  • Current Award Letters for Project Funding/ Financing and Funding Commitment Letters 9.

  • As determined by the Committee and subject to the terms of the Plan, Participants selected by the Committee in its discretion may elect to receive their Deferred Stock Bonus Award in the form of either a Current Award or a Deferred Award.

  • Effective December 31, 2013, the Award was modified, or the Current Award, and as a result the LTIP units will now become earned and eligible to vest based on the attainment of Company-based performance goals, in addition to the service-based vesting requirement included in the original Award.


More Definitions of Current Award

Current Award means an award payable during the
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Current Award means an Award payable during the Fiscal Year in which the award is made pursuant to section 7(a) of the Plan.
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Related to Current Award

  • Parent Award means the Electrical Electronic and Communication Contracting Industry (State) Award.

  • Apparent Awardee means an organization that has been selected to receive a grant award through response to this RFA but has not yet executed a grant agreement or contract. May also be referred to as "Apparent Grant Recipient" or "Apparent Grantee."

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.

  • Grant Award The Provider is required to match the grant award as required in the rules implementing the Federal Victims of Crime Act. Match contributions equal to 20 percent (cash or in-kind) of the total cost of each VOCA project (VOCA grant funds plus match contributions) must be reported monthly to the OAG. All funds designated as match contributions are restricted in the same manner and to be expended for the same uses as the VOCA victim assistance grant funds and must be expended within the grant period. Unless otherwise approved by the OAG, match contributions must be reported on a monthly basis in an amount consistent with the amount of funding requested for reimbursement.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non-Employee.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Company RSU Award means each restricted stock unit that is (i) subject solely to service-based vesting and (ii) payable in shares of Company Class A Common Stock or the value of which is determined with reference to the value of shares of Company Class A Common Stock.

  • Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Bonus Stock means shares of Common Stock which are not subject to a Restriction Period or Performance Measures.

  • PSU means Public Sector Undertaking

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Restricted Share Unit Award means an award of Restricted Share Units under this Plan.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Company Restricted Stock Unit means any restricted stock unit representing the right to receive Company Common Stock subject to vesting or other restrictions under any Company Stock Plan.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).