Individual Award definition

Individual Award means the amount paid (or to be paid) to a Participant or International Participant, as the case may be, by the Corporation pursuant to the Plan.

Individual Award means the target award established for each Participant under Article 5 of the ECIP.

Individual Award means the payment earned by a Participant based on an evaluation of the individual's achievements. As such, the amount of any Individual Award under this Plan is determined by decision of and in the discretion of the Corporation acting through the Committee as hereinafter provided.

Examples of Individual Award in a sentence

• The Administrator shall make such equitable adjustments, if any, as the Administrator in its discretion may deem appropriate to reflect such Equity Restructuring with respect to the aggregate number and kind of shares that may be issued under the Plan (including, but not limited to, adjustments to the Share Limit and the Individual Award Limits).

• At the time performance goals are established for a Performance Period, the Committee also shall establish an Individual Award Opportunity for each Participant or group of Participants, which shall be based on the achievement of one or more specified targets of performance goals.

• The Plan shall be administered by the Committee, which shall have the full power and authority to interpret, construe and administer the Plan and any Individual Award Opportunity granted hereunder (including reconciling any inconsistencies, correcting any defaults and addressing any omissions).

• Subject to Section 12.2 hereof, each LTIP Unit issued pursuant to an Award shall count as one Share for purposes of calculating the aggregate number of Shares available for issuance under the Plan as set forth in this Section 3.1(a) and for purposes of calculating the Individual Award Limit set forth in Section 3.3 hereof.

• Each Option grant shall be evidenced by an Individual Award Agreement or Notification Form that will not include any terms or conditions that are inconsistent with the terms and conditions of this Plan.

More Definitions of Individual Award

Individual Award means the amount of the Unit Award Pool that is allocated to each individual. The Individual Award is calculated as follows:

Individual Award means the specific payment that an individual Settlement Class Member will receive under this Settlement Agreement.

Individual Award. Will be prorated for time on payroll. Payable December 1998.

Individual Award means the amount paid to a

Individual Award means an Individual Cash Award or Individual Share Award.

Individual Award means a payment to a Class Member.

Individual Award means the amount paid (or to be paid) to a Participant by the Company pursuant to the Plan.