Examples of Incentive Award Value in a sentence
A holder of an Incentive Award shall not have any right to demand, be paid in, or receive Shares in respect of the Incentive Award Value underlying an Incentive Award, at any time.
Notwithstanding any election by the Corporation to settle any Incentive Award Value, or portion thereof, in Shares, the Corporation reserves the right to change its election in respect thereof at any time up until payment is actually made, and the holder of such Incentive Award shall not have the right, at any time to enforce settlement in the form of Shares of the Corporation.
The Incentive Award Value of any Incentive Award shall be determined as at the applicable Vesting Date and shall be settled on a date during the period from and including the day the Vesting Date in respect of such Incentive Awards occurs until the Expiry Date of such Incentive Award determined by the Committee.
The Incentive Award Value of any Incentive Award shall be determined as at the applicable Vesting Date.
A holder of an Incentive Award shall not have any right to demand, be paid in, or receive Common Shares in respect of the Incentive Award Value underlying an Incentive Award, at any time.
For each Incentive Award, the number of shares of Stock to be issued or the number of Stock Equivalents to be credited, as the case may be, shall be equal to the Incentive Award Value of such Incentive Award, divided by the Fair Market Value of a share of Stock determined as of the date incentive bonuses become payable to employees of the Company under the Incentive Plan.
For purposes of the calculations in this section only, it shall be assumed that all issued and outstanding Incentive Awards will be settled by the issuance of Common Shares from treasury, notwithstanding the Corporation's right pursuant to Section 6(f) hereof to settle the Incentive Award Value underlying Incentive Awards in cash or by purchasing Common Shares on the open market.
Any reference in this Plan to the Incentive Award Value or payment of cash or issuance of Common Shares in settlement thereof or issuance of Common Shares or payment of cash pursuant to any Share Award is expressly subject to this Section 7.
Essentially, the Court ruled that cffDNA composition was not patent-eligible and that methods of testing for fetal genetic defects through the use of cffDNA were obvious.
For purposes of the calculations in this section, it shall be assumed that all issued and outstanding Incentive Awards will be settled by the issuance of Common Shares from treasury, notwithstanding the Corporation's right pursuant to Section 6(f) to settle the Incentive Award Value underlying Incentive Awards in cash or by purchasing Common Shares on the open market.