Special Recognition Award definition
Examples of Special Recognition Award in a sentence
In addition, as of the Effective Date, the Company shall recognize an obligation to pay to the Executive, in accordance with Section 2 of the Agreement, a special recognition award of $55,000 (the "Special Recognition Award"), as of January 31, 2005.
The Special Recognition Award process is used throughout the year to immediately recognize employees for a special act or service above and beyond expectations.
The Special Recognition Award pot will be available for use throughout the fiscal year.
Bachelor of Arts in Mass Communications • Graduated with honors as a member of the National ▇▇▇▇▇ ▇▇▇▇▇▇▇ • Selected member of the Ascent Leadership Development Program • Executive Leadership Spotlight Award recipient • Special Recognition Award recipient • Community Service Company Award recipient Experience 22nd Century Technologies, Inc.
The right of any person to receive Deferred Restricted Stock and/or the Special Recognition Award under the provisions of this Agreement shall be an unsecured claim against the Company, and no person shall by virtue of the provisions of this Agreement have any interest in such Deferred Restricted Stock or Special Recognition Award.
Subject to Section 9 of this Agreement, on January 5, 2004, you will receive a one-time Special Recognition Award in an amount equal to $440,000, in recognition of your many and significant contributions to the Company since June of 1994.
The issuance of Deferred Restricted Stock and ------------------- the payment of the Special Recognition Award under this Agreement shall be subject to all applicable laws, rules, and regulations, and to any approvals by governmental agencies or national securities exchanges as may be required, and the parties shall make a good faith effort to implement this Agreement in compliance with such applicable laws, rules, regulations and approvals.
The Wave Makers’ programme received a Special Recognition Award as part of the Mayor’s Awards which the Volunteer Manager accepted on their behalf at a short event in Leisureland hosted by mayor ▇▇▇▇ ▇▇▇▇▇▇▇ on 26 June.
Any obligation of Cubist to provide you the Special Recognition Award or other benefits under this Agreement after the termination of your employment is expressly conditioned upon your signing and delivering to the Company by December 26, 2003 (and not revoking during any applicable revocation period) a general release of claims in the form attached as EXHIBIT B.
If the Executive fails to validly designate a beneficiary, any Deferred Restricted Stock to be issued and Special Recognition Award to be paid after the death of the Executive shall be issued and paid to the Executive's estate.