Standard Award definition

Standard Award means, with respect to a Participant, an Award that provides for time-based vesting conditions based on such Participant’s continued employment or performance of services for the Company until the relevant vesting date(s) specified in the Award Agreement (or, in lieu thereof, an Award that provides for time-based repayment conditions with respect to a Participant, in the event of such Participant’s failure to perform the requisite continued employment or services until such date(s)).
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Standard Award means an amount determined periodically for each Position Rate under the AT&T Short Term Incentive Plan or predecessor short term incentive plans.
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Standard Award means an award made for a single type of grievance.
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Examples of Standard Award in a sentence

  • She was awarded the Qimpro Gold Standard Award for excellence in Managing Quality Improvement programmes across the Group.

  • This agreement incorporates the Standard Award Terms and Conditions found at the following Department of the Interior website as if they were given here: http://www.doi.gov/pam/programs/financial_assistance/TermsandConditions.cfm Acceptance of a Federal financial assistance award from the Department of the Interior carries with it the responsibility to be aware of and comply with the terms and conditions of the award.

  • Standard Award letters.Standard Award letters.Standard Award letters.---Contracts must be completed and signed by both parties prior to commencement where practical.

  • Recipient organizations will be required to comply with all federal, state, and local laws and regulations, including, but not limited to: Department of Commerce Financial Assistance Standard Terms and Conditions (01/05), and NOAA Administrative Standard Award Conditions (10/2010 and 12/2014).

  • Standard Award letters.Standard Award letters.Standard Award letters.---Contracts must be completed and signed by both parties prior to any works commencing.

  • By signing the LWCF agreement, the State certifies that it will comply with all Federal laws relating to nondiscrimination as outlined in Section V of the Department of the Interior Standard Award Terms and Conditions.

  • The total amount of a participant’s Annual Award shall be computed according to the annual award formula set forth in Section 3.2. The Standard Award Amounts are subject to adjustment by the President and CEO of CMS Energy Corporation as indicated by market practices.

  • To view Standard Award Terms and Conditions USDA-NIFA intends to utilize for Biomass Research and Development Awards issued in FY 2015: see http://www.nifa.usda.gov/business/awards/awardterms.html.

  • The adjustments, if applicable, based on financial performance goals relating to CMS Energy used to calculate an Annual Award is capped at two times the Standard Award Percentage.

  • Standard Award Terms and Conditions:Acceptance of a Federal Financial Assistance award from the Department of the Interior (DOI) carries with it the responsibility to be aware of and comply with the terms and conditions of award.


More Definitions of Standard Award

Standard Award means an amount determined periodically for each Position Rate under the Lucent Technologies Inc. Senior Management Short Term Incentive Plan or predecessor short term incentive plans.
Sample 1
Standard Award means an amount awarded under the Plan to a Participant (as defined in Section II(j) below) based upon the Participant's base salary and as calculated pursuant to Section VI of the Plan. g. "Award" means a Standard Award, with adjustments (if any), paid pursuant to the provisions of the Plan. h. "Plan Year" means the 12 month period beginning January 1 and ending December 31. i. "Management Committee" means the committee appointed by the Compensation Committee to administer the Plan. j. "Participant" means an Employee who satisfies the eligibility requirements set forth in Section IV of the Plan. III. ADMINISTRATION OF PLAN The Management Committee will have full power and authority to interpret and administer the Plan in accordance with rules and determinations adopted by it and/or the Compensation Committee. IV. ELIGIBILITY Eligibility for participation in the Plan is limited to those Employees who can make an appreciable contribution to the attainment of overall business objectives of the operating unit for which they work as determined in the sole discretion of the Management Committee or the Compensation Committee. An Employee is eligible to participate in the Plan if: 1. The Employee is compensated in an amount at least equal to the minimum salary grade guideline established annually by the Management Committee. 2
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Related to Standard Award

  • Cash Award means an award denominated in cash.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Service Award means any award approved by the Court that is payable to the Class Representatives from the Settlement Fund.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Award means, individually or collectively, a grant under the Plan of Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Units or Performance Shares.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Other Award Agreement means a written agreement between the Company and a holder of an Other Award evidencing the terms and conditions of an Other Award grant. Each Other Award Agreement will be subject to the terms and conditions of the Plan.

  • Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

  • the award , except in sub-paragraph (2), means—

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • PSU means Public Sector Undertaking

  • Direct Award Criteria means the award criteria to be applied for the award of Call-Off Contracts for Standard Services set out in Part 1 of Schedule 6 (Award Criteria) of this Framework Agreement;

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).