Stock Bonus Agreement definition

Stock Bonus Agreement means an agreement evidencing a Stock Bonus Award granted pursuant to Section 8 of the Plan.

Stock Bonus Agreement means a written or electronic agreement between the Company and a Participant evidencing the terms and conditions of a Stock Bonus. Each Stock Bonus Agreement shall be subject to the terms and conditions of the Plan and any rules and regulations adopted by the Administrator and incorporated therein.

Stock Bonus Agreement means a written agreement between the Company and a Holder with respect to a Stock Bonus.

Examples of Stock Bonus Agreement in a sentence

• These restrictions may be based upon completion of a specified number of years of service with the Company or upon satisfaction of performance goals based on Performance Factors during any Performance Period as set out in advance in the Participant’s Stock Bonus Agreement.

• If the Stock Bonus is being earned upon the satisfaction of performance goals pursuant to a Performance Stock Bonus Agreement, then the Committee will: (a) determine the nature, length and starting date of any Performance Period for each Stock Bonus; (b) select from among the Performance Factors to be used to measure the performance, if any; and (c) determine the number of Shares that may be awarded to the Participant.

• A Stock Bonus may be awarded upon satisfaction of such performance goals as are set out in advance in the Participant's individual Award Agreement (the "Performance Stock Bonus Agreement") that will be in such form (which need not be the same for each Participant) as the Committee will from time to time approve, and will comply with and be subject to the terms and conditions of this Plan.

• A Stock Bonus may be awarded for past services already rendered to the Company, or any Parent or Subsidiary of the Company pursuant to an Award Agreement (the "Stock Bonus Agreement") that will be in such form (which need not be the same for each Participant) as the Committee will from time to time approve, and will comply with and be subject to the terms and conditions of this Plan.

• If a Participant is Terminated during a Performance Period for any reason, then such Participant will be entitled to payment (whether in Shares, cash or otherwise) with respect to the Stock Bonus only to the extent earned as of the date of Termination in accordance with the Performance Stock Bonus Agreement, unless the Committee will determine otherwise.

More Definitions of Stock Bonus Agreement

Stock Bonus Agreement means a written document, the form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of a Stock Bonus Award granted under the Plan and includes any documents attached to such agreement.

Stock Bonus Agreement means a written agreement between the Company and a stock bonus recipient evidencing the terms and conditions of an individual stock bonus grant. Each Stock Bonus Agreement shall be subject to the terms and conditions of the Plan.

Stock Bonus Agreement means the award agreement pursuant to which Stock Bonuses are granted.

Stock Bonus Agreement means the agreement described in Section 9 evidencing each Grant of a Stock Bonus.

Stock Bonus Agreement means a written agreement between the Company and a Participant setting forth the terms, conditions and restrictions applicable to shares of Stock to be issued to the Participant pursuant to the Plan substantially in the form attached hereto as Exhibit A or such other form as the Board shall approve from time to time.

Stock Bonus Agreement shall include (through incorporation of the provisions hereof by reference in the Stock Bonus Agreement or otherwise) the substance of each of the following provisions:

Stock Bonus Agreement means an agreement evidencing a Stock Bonus Award granted pursuant to Section 7 or Section 8 of the Plan. (nn) “Stock Option Agreement” means the agreement which evidences a Stock Option, granted pursuant to Section 5 or Section 8 of the Plan. (oo) “Subsidiary” means any entity directly or indirectly controlled by the Company, as determined by the Committee.