Vested Award definition

Vested Award means any Award, which has already been vested according to the Vesting Dates.
Vested Award means an Award that has Vested.
Vested Award means an Award which has become vested in accordance with the provisions of the Plan and applicable Award Agreement or in respect of which the vesting date has been accelerated pursuant to Sections 4(d), 7, or 9(a) of the Plan.

Examples of Vested Award in a sentence

  • In the event that a Participant holds a fractional Vested Award, the Participant shall be entitled to receive, on delivery of its Payout Shares, a cash payment in respect of such fractional Vested Award equal to such fraction multiplied by the Market Price of one Common Share on the Pricing Date of such Vested Award.


More Definitions of Vested Award

Vested Award means, as of any date, any Award (or any portion thereof) which by its terms has vested and become exercisable as of such date.
Vested Award means an Award that has Vested.1.2 Words denoting the singular shall include the plural and vice versa. 1.3 Words denoting the masculine gender shall include the feminine gender. 1.4 References in these Rules to a rule, clause, sub-clause, paragraph or subparagraph are, unless otherwise stated, references to a rule, clause, sub-clause, paragraph or subparagraph of these Rules. 1.5 Rule headings are inserted for convenience only and are to be ignored in construing these Rules. 1.6 References in this Plan to any statute, regulation or enactment shall be deemed to include references to such statute, regulation or enactment as extended, re-enacted or amended. 1.7 Unless me Administrator otherwise determines, all sums shall be calculated and paid in US dollars. 2. GRANT OF AWARDS The Administrator may by resolution grant Awards to one or more employees or service providers selected by the Administrator in its discretion, provided that:2.1 no employee or service provider shall be entitled as of right to the grant of an Award; 2.2 no Award may be granted under this Plan after the tenth anniversary of the date of the adoption of the Plan by the Administrator; and
Vested Award. – means an Award which the Grantee is entitled to exercise into Exercised Shares in accordance with the provisions of Section 7.2 of the Plan or, if inconsistent with the provisions of Section 7.2 of the Plan, the provisions of the Award Agreement of such Grantee.
Vested Award means the part of the Award from time to time which has Vested but has neither been exercised nor lapsed under the Rules.
Vested Award means a Time-Based Award (or portion thereof) that is fully vested and nonforfeitable due to the lapse of the applicable Time Restriction.
Vested Award means, subject to the rules of the RSP, an Award, or (as the case may be) that part of an Award, in respect of which the participant has become entitled to have Shares transferred to him (or his nominee) subject to the RSP rules.Notes
Vested Award means a Vested Restricted Share Unit or Earned Performance Share Unit and “Vested Awards” means any of the foregoing, as the circumstances require;