Forfeitable Award definition

Forfeitable Award means the transfer of the beneficial interest in Forfeitable Securities to a Participant and the subsequent holding of that interest in accordance with the Plan;
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Forfeitable Award means Award Assets held in the name of or for the benefit of a Participant subject to a Forfeiture Agreement and granted in accordance with rule 3;
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Forfeitable Award means an award of Bonus Shares within Rule 4.3.2;
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Examples of Forfeitable Award in a sentence

  • Shares subject to the Forfeitable Award to the Eligible Employee on the Award Date.


More Definitions of Forfeitable Award

Forfeitable Award means an award of Shares under which the beneficial interest in the Shares is held by the Participant subject to the risk of forfeiture in accordance with the Plan rules;
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Forfeitable Award means an award of Shares subject to forfeiture provisions under the Plan;
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Forfeitable Award means an APP Deferred Share Award within Rule 7.3.2.
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Related to Forfeitable Award

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Share Award means an award of Restricted Shares.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • 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.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.