FSC Award definition

FSC Award means an option to purchase FSC common stock granted by FSC that is outstanding and unexercised immediately prior to the Effective Time.
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Examples of FSC Award in a sentence

  • The per Share exercise price of each Option granted pursuant to Section 6(a)(i) shall be the per share exercise price or grant price of the MOXY Award from which such Option was derived divided by 0.2. The per Share exercise price of each Option granted pursuant to Section 6(a)(ii) shall be the per share exercise price of the FSC Award from which such Option was derived divided by 0.625.

  • At the Effective Time, each holder of an FSC Award shall receive an Option to purchase such number of Shares (disregarding any fractional Share) as such holder would be eligible to receive in the Mergers with respect to the number of shares of FSC common stock subject to such FSC Award if such holder were the owner of record of such FSC shares immediately prior to the Effective Time.

  • Each Award hereunder shall be evidenced by a writing delivered to the Participant that shall specify the terms and conditions thereof and any rules applicable thereto and that shall, in accordance with the provisions of the Plan, replicate as closely as possible the terms, conditions and other contractual attributes of the MOXY Award or FSC Award from which the Award is derived, as in effect immediately prior to the Effective Time.

  • Such Limited Rights shall have a grant price equal to the exercise price of the Options under Section 6 with which they are in tandem, and shall in all other respects contain the same terms and conditions as the agreement or notice pertaining to the FSC Award from which they derived.

  • Each holder of an FSC Award shall receive, at the same time as and in tandem with each Option granted to such holder under Section 6(a)(ii), Limited Rights equal in number to the number of Shares subject to such Option with which such Limited Rights are in tandem.

  • Except as set forth below in this Section 6(a)(ii) and in Section 6(b), each such Option shall have the same remaining term and other terms and conditions (whether such terms and conditions are contained in the related FSC Award agreement or notice or in the plan under which such FSC Award was made) and shall be exercisable to the same extent as the FSC Award from which it was derived, with such changes and modifications as are necessary to substitute the Company for FSC as the issuer of the Option.

Related to FSC Award

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

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

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • Share Award means an Award of Shares granted pursuant to Section 10.

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

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

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

  • 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).

  • Cash Award means an award denominated in cash.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • 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.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

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

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • RSU means a restricted stock unit granted under the Plan, which represents an unfunded and unsecured promise to deliver shares of Common Stock in accordance with the terms of the RSU Award Agreement.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

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

  • the award , except in sub-paragraph (2), means—

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Bonus Award means a bonus award made pursuant to Section 9.