Other Stock-Based Award definition
Examples of Other Stock-Based Award in a sentence
Such Awards shall be referred to as “Other Stock-Based Awards.” Each such Other Stock-Based Award may involve the transfer of actual Shares to Participants or payment in cash or otherwise of amounts based on the value of Shares, and may include, without limitation, Awards designed to comply with or take advantage of the applicable local laws of jurisdictions other than the United States.
All RSUs, PSUs and the Other Stock-Based Award are subject to the terms of the Company’s applicable incentive compensation plan (the “Plan”), the attendant award agreement and approval by the Board or the Compensation Committee, and may be adjusted in the event of any stock split, stock dividend or other similar, recapitalization or other similar event.
Each Other Stock-Based Award shall be expressed in terms of Shares or units or an equivalent measurement based on Shares, as determined by the Committee.