Examples of Reward Plan in a sentence
Employee may, as determined by the Board (or a designated committee thereof) in its sole discretion, periodically receive grants of, or payments under, equity or non-equity related awards pursuant to the Company’s long-term incentive plan(s), including the APO Incentive Plan, the APO Reward Plans, the SWR Reward Plan, the APO Working Interest Trusts, the APO Working Interest Grant, or any similar or successor plan(s) (collectively, “Incentive Plans”), subject to the terms and conditions thereof.
In the event the RAD Reward Plan is no longer available, the College may implement a substantially equivalent plan.
The reward applied will be based on the number of PSP access lines subscribed to the BellSouth PSP Reward Plan and the term commitment agreed upon.
Includes the fair value of shares allotted under the Employee Reward Share Plan (Reward Plan) during the year.
If the termination or violation occurs within the second 12 months of a 24 month agreement or contract extension, 25 percent of the monthly access line rate multiplied by the number of months remaining in the term agreement, then multiplied by the number of lines subscribed to the BellSouth PSP Reward Plan on the termination date of the agreement.
The Reward Plan provides eligible employees with up to $1,000 of ordinary shares per annum at no cost.
Prior to the Effective Date Employee may have, as determined by the Board (or a designated committee thereof) in its sole discretion, previously received grants of, or payments under, non-equity related awards pursuant to the APO Incentive Plan, the APO Reward Plans, the SWR Reward Plan, the APO Working Interest Trusts, the APO Working Interest Grant (collectively, the “APO Plans”), subject to the terms and conditions thereof.
The Company reserves the right to restructure the BellSouth PSP Reward Plan structure upon mandated rate reductions from the FCC, the Public Service Commissions and/or the Public Utility Commissions, to include rate rebalancing efforts.Any revisions to the BellSouth PSP Reward Plan will be made such that the subscribers will be charged a rate not to exceed the mandated rate and not to exceed the previous Reward Plan contracted rate.
Performance options granted to Philip Chronican under the Westpac Reward Plan with a commencement date of 1 October 2008 were tested for performance and pro-rated for the portion of the performance period served.
The award was received in the form of performance share rights under arrangements approved by shareholders at the 2009 Annual General Meeting.The CEO will receive a further equity-based LTI award of $2.7 million in December 2010 for 2011, subject to shareholder approval at the 2010 Annual General Meeting.Senior ExecutivesSenior Executives (except Bob McKinnon) receive annual LTI awards of performance share rights under the Westpac Reward Plan.