Time Vested Awards definition

Time Vested Awards means, as applicable, Time Vested Options or Time Vested Restricted Stock, each as defined under the Incentive Plan.
Sample 1

Examples of Time Vested Awards in a sentence

  • All other outstanding awards granted to the Eligible Executive under the LTIP on and after February 17, 2009, and any Time Vested Awards that provide for a deferral of compensation within the meaning of Code Section 409A, shall be payable, if at all, in accordance with the terms of the LTIP and the applicable award (and, if applicable, deferral) agreements.

  • Time Vested Awards (―Restricted Awards‖)Restricted Awards are settled in three equal installments over a three-year period regardless of the performance of Keyera.

  • Time Vested Awards (“Restricted Awards”)Restricted Awards are settled in three equal installments over a three-year period regardless of the performance of Keyera.

  • In the event of a Change in Control, all outstanding equity-based awards granted to the Eligible Executive under the LTIP that are Time Vested Awards (including but not limited to grants of nonqualified stock options, stock appreciation THE WESTERN UNION COMPANY SEVERANCE/CHANGE IN CONTROL POLICY (Executive Committee Level) rights, restricted stock awards, and restricted stock unit awards) shall become fully vested and exercisable or payable as of the effective date of the Change in Control.

  • However, if such Involuntary Termination were to occur on or after the second anniversary and before the third anniversary of March 30, 2018, Mr. Burnison would instead receive two years of additional vesting for Time Vested Awards and pro rata plus two years (but not more than the entire performance period) vesting on future performance shares (based on actual performance for the entire performance period).

  • If an Eligible Executive’s employment with the Company is terminated for an eligible termination reason described in Section 5(a), all Time Vested Awards granted to the Eligible Executive under the LTIP that are Stock Awards shall vest on a prorated basis effective on the Eligible Executive’s Termination Date.

  • If the Company is not the surviving entity, and the surviving entity does not assume the Time- Vested Awards or issue Substitute Awards, the Time-Vested Awards shall become fully vested and cancelled in exchange for a cash payment in an amount equal to the Fair Market Value per share of the Stock subject to the Award immediately prior to the Change in Control multiplied by the number of shares of Stock subject to the Award.

  • For purposes of this Program, the “Extended Vesting Benefit” means that Time Vested Awards shall continue to vest pursuant to the original vesting schedule in the underlying award agreement provided the employee remains in compliance with all of his or her restrictive covenant agreements with the Company and the terms of this Program.

  • The Company may require any person to maintain a structure digital database containing details like the names of persons who have shared the UPSI, the nature of UPSI shared and the names of such persons with whom UPSI is shared along with their PAN or such other identifier authorised by law, as the case may be, which shall be maintained internally with adequate internal controls and checks.

  • With respect to any Equity Awards that are subject to vesting in the ordinary course based solely upon the provision of continued service (“ Time Vested Awards”), all such Time Vested Awards shall vest in full as of the date of such termination.

Related to Time Vested Awards

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Company PSUs means any performance-based restricted stock units of the Company, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • RSUs means restricted stock units.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

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

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • 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.

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Company Equity Awards means the Company Options and the Company RSUs.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.