Deferred Share Award definition

Deferred Share Award means a Conditional Award or an Option;
Deferred Share Award means an award of Deferred Shares under the Plan.
Deferred Share Award means an Award granted pursuant to Article VIII, Section 8.7, of the Plan.

Examples of Deferred Share Award in a sentence

  • Unless otherwise provided by the Committee, a Participant awarded Deferred Shares shall have no rights as a Company shareholder with respect to such Deferred Shares until such time as the Deferred Share Award has vested and the Shares underlying the Deferred Share Award has been issued.

  • Each such Award shall be confirmed by, and subject to the terms of, a Deferred Share Award agreement evidencing the Award in the form approved from time to time by the Committee.

  • In order to better ensure that Award payments actually reflect the performance of the Company and service of the participant, the Committee may provide, in its sole discretion, for a tandem performance-based or other Award designed to guarantee a minimum value, payable in cash or Shares to the recipient of a Deferred Share Award, subject to such performance, future service, deferral and other terms and conditions as may be specified by the Committee.

  • A Deferred Share Award shall entitle the Participant to receive Stock from the Company in the future in consideration for services performed during the Deferral Period.

  • Subject to any exceptions approved by the Committee, such election must be made at least 12 months prior to completion of the Deferral Period for such Deferred Share Award (or such installment).


More Definitions of Deferred Share Award

Deferred Share Award means Awards granted pursuant to Section 7.
Deferred Share Award means an Option or an RSU Award granted pursuant to the provisions of the Deferred Share Plan at Schedule 1 to these Rules;
Deferred Share Award means a conditional right to acquire Shares granted under the Plan;
Deferred Share Award means the right to subscribe for Shares at a future date in accordance with Section 8 and the Deferred Share Award Agreement.
Deferred Share Award means unvested shares of Stock selected by the Committee in its sole discretion and awarded (currently, or on a deferred basis) to the Participant under any stock incentive plan of Hovnanian Enterprises, Inc. or the Company.
Deferred Share Award means an Award of phantom units to a grantee.
Deferred Share Award means a right, granted to a Grantee under Section 14 hereof, to receive Shares, cash or a combination thereof at the end of a specified deferral period.