Matching Award definition

Matching Award means an Award designated as a Matching Award under Rule 4.2 (Type of Award);
Matching Award means contributions made by the Participating Employers pursuant to Section 5.1 herein.
Matching Award means a grant of two thousand dollars ($2,000) to a community scholarship foundation that raises at least two thousand dollars ($2,000) for awarding scholarships to low-income students through the postsecondary education scholarship program of the community scholarship foundation.

Examples of Matching Award in a sentence

  • Under the Plan a Matching Award to acquire a specified number of shares for free may be made if the employee pledges a number of shares as investment shares which are then matched by the Company on either a 1:1 or 2:1 basis with the number of shares that could have been purchased with the pre-tax equivalent of the amount invested.

  • The Stock Units granted with respect to the Matching Award will be credited to a bookkeeping account established and maintained for the Participant (an “Account”).

  • If the Participant elects a Vesting Date Election (as defined under the Purchase Plan), the Participant will receive a Matching Award of Restricted Stock Units.

  • The type of Matching Award granted to the Participant will be determined based on the Participant’s Distribution Date election under the Purchase Plan.

  • If the Participant elects a Termination Date Election or a Deferred Distribution Date Election (as these terms are defined in the Purchase Plan), the Participant will receive a Matching Award of Deferred Stock Units.


More Definitions of Matching Award

Matching Award means a conditional right to receive DB Shares granted under Rule 4.2.
Matching Award means an additional Restricted Stock Unit Award granted by the Company to a Participant with respect to a Base Award pursuant to Section 4(c).
Matching Award means the Company matching award provided for in Section 5.1 hereof.
Matching Award means a conditional right to acquire Shares granted pursuant to rule 5 (Matching Awards)
Matching Award means a right to acquire Shares granted under the Plan and linked to a Conditional Award;
Matching Award means a Matching Award granted pursuant to the Plan to an Eligible Employee who is not a Specified Employee;