Examples of PSU Awards in a sentence
NBCC was awarded the Hindustan Ratna PSU Awards 2017 for “Excellence in Innovation”.
Partner PSU Awards were granted to address increased competition for executive talent, motivate transformational performance and encourage management retention.
In February 2020, the Company granted Partner PSU Awards to select employees who were deemed critical to the Company’s execution of its strategic operating plan.
In the event shares of Common Stock received upon vesting of PSU Awards are deferred pursuant to a valid Deferral Election, then the Company will pay Dividend Equivalents to Employee in cash on such deferred shares of Common Stock, as soon as administratively feasible following the payment of such dividends to stockholders of record.
The Performance Goals set by the Committee for your PSU Awards are described in paragraph 3 below.
The Committee may establish procedures for Employee to elect to defer, until a time or times later than the vesting of PSU Awards, receipt of all or a portion of the shares of Common Stock deliverable under the Awards.
If the Committee permits deferral of the PSU Awards under this Agreement, then each provision of this Agreement shall be interpreted to permit deferral only (i) in accordance with the terms of the WM 409A Plan and (ii) as allowed in compliance with Section 409A.
The Surviving Corporation shall issue to the holders of Company PSU Awards the Merger Consideration in respect of the applicable number of Shares described in the immediately preceding sentence, less such amounts as are required to be withheld or deducted under the Code or any provision of state, local or foreign Tax Law with respect to the making of such payment, within five business days following the Effective Time.
For each holder of a WTW PSU Award, any fractional shares resulting from the conversion of his or her WTW PSU Awards shall be aggregated and rounded down to the nearest whole share, such that Assumed PSU Awards will not be subject to fractional shares and each holder is rounded with respect to no more than a single share.
OIL was conferred with ‘CAG Pick of the Year’ award by Dalal Street Investment Journal (DSIJ), India’s No.1 investment magazine which organized the PSU Awards 2013 to honour the Public Sector Undertaking (PSU) for their commendable performance.