DDCP definition
Examples of DDCP in a sentence
In the event that the Participant makes an election pursuant to the DDCP to defer delivery of such shares, such shares shall be delivered in the time and manner set forth in the deferral election.
Unless deferred pursuant to the DDCP, the RSUs are intended to be exempt from the requirements of Section 409A.
The Participant will generally be taxed on the Fair Market Value of the shares of Stock subject to the Award on the date(s) such shares of Stock are payable to the Participant according to the vesting terms above or, to the extent applicable, according to any deferral election under the DDCP.
The ‘Designing Distributed Community Participation’ (DDCP) project facilitated knowledge exchange workshops with design, public health, and community engagement professionals from the public and third sector and academia.
NBC will terminate as of the Effective Time the DDCP and SPP, and NBC will take all action necessary to effect the foregoing.
Upon the vesting of Deferred RSUs, the applicable number of Deferred RSUs shall be credited to a bookkeeping account established on the Grantee’s behalf under the DDCP and shall be distributed to the Participant in accordance with the Grantee’s deferral election and the terms and conditions of the DDCP.
Each participant in the DDCP and the SPP shall have executed and delivered a Cancellation Agreement and Release, substantially in the forms attached hereto as Exhibit I (the “DDCP Cancellation Agreement”) and Exhibit J (the “SPP Cancellation Agreement”), prior to the Calculation Date.
All Deferred RSUs shall, when vested, be considered “Phantom Stock” (as defined in the DDCP), and shall be subject to the terms and conditions of the DDCP as applicable to awards of Phantom Stock.
For example, from DDCP (Direct Digital Color Proofer) and color printers, you will be able to accurately recreate a color which is created by a press.