Long-Term Award definition

Long-Term Award means the total amount paid or payable to the Executive pursuant to Performance Shares or similar awards made to Executives under the provisions of the Incentive Compensation Plan and any similar provisions under a successor plan.
Long-Term Award means a long-term award outstanding as of the Participant’s Termination Date and granted under the plan of a Participating Company that provides for long-term or stock-based awards.
Long-Term Award means, for a Participant for a Long-Term Performance Period, the product of the Participant's Average Annual Compensation for such period multiplied by the aggregate of:

Examples of Long-Term Award in a sentence

  • This clause applies where the Letter of Award is a Long-Term Award.

  • Notwithstanding any provision in this Plan to the contrary, the Committee may grant one or more Awards to an Eligible Employee at any time, and from time to time, and the Committee shall have the discretion to determine whether any such Award shall be a Short-Term Award, an Annual Award or a Long-Term Award.

  • We have seen the short comings of incomplete fight manifest information, as evident every time a plane crashes.

  • Based on the “Payout Factors” and weighting described in the Long-Term Award Criteria, the Performance Units could expire without converting into any shares of Common Stock or could be convertible into as many as 200% of the number of Performance Units granted to each Grantee.

  • The determination of whether the Participant has satisfied the conditions of “retirement” under each Long-Term Award agreement (to the extent applicable) shall be made as of his or her Termination Date, without regard to the Participant’s Severance Period.


More Definitions of Long-Term Award

Long-Term Award means the total amount paid or payable at the end of a performance cycle under the Corporation's Long-Term Incentive Compensation Plan.
Long-Term Award means an amount payable to a Participant under an Award relating to a Long-Term Performance Period.
Long-Term Award means the payment received hereunder, either in cash and/or shares of Restricted Stock following completion of a Long-Term Award Cycle.
Long-Term Award means any cash award payable to a Participant pursuant to a Company program which establishes incentive award opportunities which are contingent upon performance which is measured over periods greater than one (1) Year.
Long-Term Award means an incentive compensation award payable to a Participant pursuant to Section 6 of this Plan, which is contingent upon the attainment of certain Performance Factors with respect to a designated Long-Term Award Performance Period.
Long-Term Award means any cash award (other than cash payment in connection with any stock option or stock appreciation right awards under the 1989 Stock Incentive Plan) payable to a Participant pursuant to a Company program which establishes incentive award opportunities which are contingent upon performance which is measured over periods greater than one (1) year.
Long-Term Award means the acceptance of a Request Response relating to the provision of goods and/or services in the future where the nature of the goods and/or services to be provided are not stated or known at the time of formation of this Contract and will be the subject of future Orders. Loss means any liability, loss, damage, cost (including litigation costs on a full indemnity basis), claim, suit, charge, diminution in value, action, demand, expense or proceeding whether present or future, actual, contingent or prospective and whether known or unknown, and howsoever arising. Multi-Tenanted Environment means a PaaS Environment where a specific underlying system is developed and used as a common platform but has logically separated instances for individual users. New Releases means major amendments which have been produced primarily to extend, alter or improve the Licensed Software, or the Software used to provide an Externally Delivered Service or used on the Equipment, as the case may be. New Software Product has the meaning given in item in Schedule 5. Order means a purchase order or other written direction from the Principal to the Contractor which requires the supply of specified Goods and/or Services. OSH Laws means all workplace, health and safety related Law, codes of practice, other compliance codes, directions on safety or notices issued by any relevant Authority and standards, where any part of the Contractor’s obligations under this Contract are being performed. This includes the Occupational Health and Safety Xxx 0000 (WA), in addition to any other relevant legislation or regulations.