JOE Award definition

JOE Award means an award of Common Shares granted hereunder to be jointly owned by an Eligible Person and the Trustee, in accordance with the terms of a JOE Ownership Agreement;
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Examples of JOE Award in a sentence

  • The Board shall establish the Subscription Price at the time each JOE Award is granted, which price in all cases shall not be less than the lowest price permitted under the applicable Policies.

  • Any Common Shares underlying an Option or JOE Award which for any reason is cancelled or terminated and without having been exercised shall be returned to the Plan and will be eligible for re-issue.

  • You will cease to hold this interest in Sirius Shares when the Scheme becomes effective; however, as the hurdle is higher than the Consideration, your JOE Award currently has no value.

  • He recommended that the Board authorize the President to sign the grant agreements.

  • Except as otherwise determined by the Board and subject to Section 8.1A, if a Participant ceases to be an Eligible Person for any reason whatsoever other than death or the termination of the office, employment or services of the Participant for cause, each Option or, in the case of a JOE Award, an Employee’s Option held by the Participant, will cease to be exercisable on the earlier of 12 months afterthe Termination Date or the original expiry date of the Award Agreement.

  • If a Participant ceases to be an Eligible Person for cause, such Participant’s Options or, in the case of a JOE Award, such Participant’s Employee’s Option, whether vested or not vested at the Date of Termination will immediately terminate with respect to exercise of the same.

  • Upon the grant of an Award hereunder, an authorized officer of the Corporation will deliver to the Participant an Award Agreement executed by the Corporation and, in the case of a JOE Award, also executed by the Trustee, showing the number of Optioned Shares, or, in the case of a JOE Award, Awarded Shares, the term of the Option or, in the case of JOE Award, the term of the Employee’s Option, a reference to vesting terms, if any, and the Exercise Price and in the case of JOE Awards, the Subscription Price.

  • I regard that I hereby covenant that on my behalf and for the minor not to file claim or bring suit with respect to any such injury of damage.

  • In the case of a JOE Award, upon exercise of the Employee’s Option in accordance with the terms of a JOE Ownership Agreement, the Corporation will direct its transfer agent to effect the necessary changes in order to issue a certificate to the Participant for the appropriate number of Common Shares.

Related to JOE Award

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

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

  • 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).

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

  • Cash Award means an award denominated in cash.

  • 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.

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

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

  • Unit Award means a grant of a Unit that is not subject to a Restricted Period.

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

  • 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).

  • 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.

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

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

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

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

  • 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).

  • Deferred Stock Award means Awards granted pursuant to Section 8.

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

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

  • Stock Award means any right to receive Common Stock granted under the Plan, including an Incentive Stock Option, a Nonstatutory Stock Option, a Restricted Stock Award, a Restricted Stock Unit Award, a Stock Appreciation Right, a Performance Stock Award or any Other Stock Award.

  • Stock Bonus Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • 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.

  • Service Award means any award approved by the Court that is payable to the Class Representatives from the Settlement Fund.