Examples of Participant Grant in a sentence
At the beginning of each Performance Cycle, the Board or the Committee shall establish the Performance Targets for the Performance Cycle and the Participation Levels for each Participant, which shall be communicated to each Participant through the Participant Grant at the time the Performance Targets are set and any other time during the Performance Cycle, as needed.
Name of Participant Grant Date Recapture and Recoupment x Section 14 of the Plan regarding Termination, Rescission, and Recapture shall apply to this Award.
Participant: Grant Date: Number of RSUs: Vesting Commencement Date: Vesting Schedule: Subject to any acceleration provisions contained in the Plan or set forth below, the RSUs shall vest in accordance with the following schedule: [To be specified in individual agreements] Notwithstanding the foregoing, the RSUs shall vest in full immediately upon a Change in Control.
The Maximum Annual Participant Grant shall be 100,000 shares, subject to adjustment as provided in Section 12.
Each grant shall be evidenced by a Participant Grant and Agreement, which shall be executed on behalf of the Company by the Chief Executive Officer, or by such officer of the Company as may be designated by the Chief Executive Officer, and delivered to and accepted by the Participant.
Participant Grant Date November 21, 2023 Number of Performance Shares: Threshold: Target: Maximum: Performance Period January 1, 2024 to December 31, 2026 With respect to outstanding unvested Awards under the Plan granted pursuant hereto, there shall be no automatic vesting of such Awards solely upon a Change-in-Control.
Your SAR has the following terms: Name of Participant: Grant Date: Expiration Date: Exercise Price: Number of Shares subject to this Award: Dividend Equivalent Rights: Not applicable to this Award.
CLEVELAND-CLIFFS INC (“Company”) The undersigned hereby acknowledges receipt of an executed original of this Participant Grant and Agreement and accepts the Performance Shares and Retention Units granted hereunder on the terms and conditions set forth herein and in the Plan.
Name of Participant: Grant Date: Target Number of Shares: Vesting Schedule: The vesting conditions for the PSUs are set forth in the Standard Terms and Conditions.
The Participant Grant and Agreement shall state the specific Management Objectives, target level of achievement and payout for the Incentive Period.