Inducement Award means a Stock Award, other than an Incentive Stock Option, that is granted pursuant to Section 3(f) of the Plan.

Inducement Award means an Award that is granted pursuant to Section 3.3 of the Plan.

Inducement Award means an Award, other than (i) an Incentive Stock Option or (ii) a Performance Compensation Award, that is granted pursuant to Section 4.5 of the Plan.

Examples of Inducement Award in a sentence

No Inducement Award may be designated as an Incentive Stock Option.
Subject to those constraints and the other constraints of the Inducement Award Rules, the Board may delegate some of its powers of administration of the Plan to a Committee, as provided in Section 2(c).
Notwithstanding anything to the contrary in this Plan, an Inducement Award may be granted only to an Employee who has not previously been an Employee or a non-Employee Director of the Company or an Affiliate, or following a bona fide period of non-employment, as an inducement material to the individual’s entering into employment with the Company within the meaning of Rule 5635(c)(4) of the NASDAQ Listing Rules.
All Inducement Awards must be granted by a Committee consisting of the majority of the Company’s independent directors or the Company’s Compensation Committee, in each case in accordance with the requirements of the Inducement Award Rules.
An Inducement Award may be granted only to an Employee who has not previously been an Employee or a Director of the Company or an Affiliate, except following a bona fide period of non-employment, as an inducement material to the individual’s entering into employment with the Company within the meaning of the Inducement Award Rules.

More Definitions of Inducement Award

Inducement Award means a Stock Award granted pursuant to Section 3(f) of the Plan.

Inducement Award means an Award granted pursuant to Section 3.4 of the Plan.

Inducement Award means an Award granted to a Prospective Employee as an incentive to become an Employee and that is forfeitable if such individual does not become an Employee within the period of time designated by the Committee.

Inducement Award means an equity award granted to Executive in consideration of Executive’s (i) employment with the Corporation and (ii) forfeiture of equity awards granted by a former employer.

Inducement Award means an Award granted to an individual to induce such individual to accept employment with the Company or an Affiliate to provide services to the Company or an Affiliate.

Inducement Award means the grant of an Award as a material inducement to a person or persons being hired by the Company or any of its Affiliates, or being rehired following a bona fide period of interruption of employment. Inducement Awards include grants to new Employees in connection with a merger or acquisition. Promptly following the grant of any Inducement Award, the Company must disclose in a press release the material terms of the Award, including the recipient of the Award and the number shares of Common Stock involved.

Inducement Award means the grant of an Award as a material inducement to a person being hired by the Company or any of its Affiliates, or being rehired following a bona fide period of interruption of employment. Inducement Awards include grants to new Employees in connection with a merger or acquisition.