Examples of Target Equity Award in a sentence
Tab B (Statement of Qualifications and Experience) plus Tab D (Training Plan) will be used for the programmatic score.
Pursuant to the terms of the LTIP, each annual equity award shall be made based on the achievement of performance goals and may be higher or lower than the Target Equity Award based on achievement of those goals.
Performance between two stated levels will be interpolated when determining the percentage of the Target Equity Award earned.
Mr. Maffei would forfeit his LMC Target Equity Award if his employment had been terminated for any reason on December 31, 2015.
If the Omnibus Plan does not have a sufficient number of Shares available to grant any Target Equity Award or the Turn-Around Award, the Target Equity Award or Turn-Around Award, as applicable, shall be granted as a cash-settled restricted stock unit award or cash-settled stock appreciation right, as applicable, with terms and conditions substantially consistent with those set forth in the award agreements attached hereto as Exhibit A and Exhibit B, respectively.
An equity award opportunity (the "Equity Award") during each calendar year with a target value (the "Target Equity Award") equal to seventy-five percent (75%) (the "Target Equity Award Percentage") of Employee's Base Salary for the year in which the award is granted, such equity award to be awarded in accordance with the Company's existing Long Term Incentive Plan, as such plan may be amended or replaced from time to time, or the equivalent (the "LTIP").
At the end of the Performance Period, the Participant shall be eligible to receive a benefit to be received in shares equal in value at the Grant Date to between 0% and 250% of the Target Equity Award based on the achievement of the Performance Objectives set forth below during the Performance Period.
Name Target Equity Award as % of Salary (1) Value at Grant DatePerformance Shares atGrant Date (2)Time Vesting Shares atGrant Date (3) Stock Options at Grant Date (4)Adam P.
At the end of the Performance Period, the Participant shall be eligible to receive a benefit to be received in shares equal in value at the Grant Date to between 0% and 200% of the Target Equity Award based on achievement of the Performance Objectives set forth below during the Performance Period.
Any payout of an equity award by our company above the LMC Target Equity Award of $6,510,400 would be in our compensation committee’s sole discretion, would be issued in the first quarter of 2016, and would vest immediately after grant.