Nonemployee Director Award definition

Nonemployee Director Award means any Award granted to a Nonemployee Director.

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Nonemployee Director Award means any NQSO, SAR, or Full Value Award granted, whether singly, in combination, or in tandem, to a Participant who is a Nonemployee Director pursuant to such applicable terms, conditions, and limitations as the Board or Committee may establish in accordance with this Plan.

Nonemployee Director Award means a Nonstatutory Stock Option, Stock Appreciation Right, Restricted Stock Award or Restricted Stock Unit Award granted to a Nonemployee Director pursuant to Section 13 of the Plan.

Examples of Nonemployee Director Award in a sentence

• Dividend Equivalents shall not be paid to Director for any Units that do not vest pursuant to Section 3.2. 4 Applicable for the Initial Non-employee Director Award and the Annual Non-employee Director Award granted in accordance with Section 4.3(a) of the Plan.

• The Board shall have the right at any time in its sole discretion, subject to certain restrictions, to alter, amend, modify, suspend or terminate the Plan in whole or in part, and shall have the right at any time in its sole discretion to alter, amend, modify, suspend or terminate the terms and conditions of any Nonemployee Director Award; provided, however, that no such action shall impair a grantee’s rights under an Award without the grantee’s consent.

• The Board of Directors shall have the right at any time in its sole discretion, subject to certain restrictions, to alter, amend, modify, suspend, or terminate the Plan in whole or in part, and shall have the right at any time in its sole discretion to alter, amend, modify, suspend or terminate the terms and conditions of any Nonemployee Director Award; provided, however, that no such action shall adversely affect in any material way your Award without your written consent.

• Subject to the requirements and limitations of Section 409A, if applicable, including as provided by Section 15.4(f), in the event of a Change in Control, each outstanding Nonemployee Director Award shall become immediately exercisable and vested in full and, except to the extent assumed, continued or substituted for pursuant to Section 13.1(b) or otherwise restricted by Section 409A, shall be settled effective immediately prior to the time of consummation of the Change in Control.

More Definitions of Nonemployee Director Award

Nonemployee Director Award means an Award granted to a Nonemployee Director pursuant to Section 7 of the Plan.

Nonemployee Director Award means any Award granted to a Nonemployee Director as compensation for service as a Non-Employee Director.

Nonemployee Director Award means any Award granted to a Nonemployee Director as described in Article 12 (Nonemployee Director Awards).

Nonemployee Director Award means any Award granted to a Nonemployee Director under Article 10.

Nonemployee Director Award means any Award granted to a Participant who is a Nonemployee Director pursuant to such applicable terms, conditions, and limitations as the Board or Committee may establish in accordance with this Plan.

Nonemployee Director Award means any NQSO, SAR or Full-Value Award granted, whether singly, in combination, or in tandem, to a Participant who is a Nonemployee Director pursuant to such applicable terms, conditions and limitations as the Board or Committee may establish in accordance with this Plan, including any Nonemployee Director Option or Nonemployee Director Shares granted pursuant to Article 11.

Nonemployee Director Award means any Stock Award or Performance Award granted, whether singly, in combination, or in tandem, to a Participant who is a Nonemployee Director pursuant to such applicable terms, conditions and limitations (including treatment as a Performance Award) as a Board may establish in order to fulfill the objectives of the Plan.