Examples of Outside Director Stock Award in a sentence
Includes shares of common stock granted pursuant to our Outside Director Stock Award Plan.
Notwithstanding the foregoing, the Administrator shall adopt, from time to time, such rules with respect to the return of executed award agreements as it deems appropriate and failure by an Outside Director to comply with such rules shall, without limitation, terminate the grant of such Outside Director Stock Award to such Outside Director and/or cause the forfeiture of any Outside Director Stock Award (or any portion thereof) as to which restrictions have not yet lapsed.
Wolffetalsuggestthatwithoutsuchprecautions,lowrecognitionscoreswouldfalselyindicatethat moredesignandtestworkisnecessary.SeeWolff,JenniferSnow,andMichaelSWogalter‘Comprehen- sionofPictorialSymbols:EffectsofContextandTestMethod’(1998)40(2) Human Factors: 173–186.
In addition, under the Company's Outside Director Stock Award Plan, each non-employee director receives at the time of the Annual Meeting of Stockholders each year, shares of Common Stock of the Company valued at $10,000.
Unless otherwise determined by the Administrator, and set forth in the applicable award agreement, any Outside Director Stock Award that is unvested at the date of termination of the Outside Director’s provision of services shall be forfeited upon such termination.
Director Award” means an Outside Director Stock Option or Outside Director Stock Award.
See "Management -- Stock Plans -- Outside Director Stock Award Plan".
The Company has an Outside Director Stock Award Plan (the "Outside Director Plan"), which was approved by shareholders in 1994, under which 300,000 shares may be issued to non-employee directors.
Aon Corporation 1994 Amended and Restated Outside Director Stock Award Plan—incorporated by reference to Exhibit 10(b) to the First Quarter 1994 Form 10-Q.
Does not include the number of shares of Common Stock equal to $50,000 that each outside Director will be awarded on May 21, 2004 pursuant to the Aon Outside Director Stock Award Plan.