Vested PSA Award means, subject to the Rules, a PSA Award, or (as the case may be) that part of a PSA Award which has vested in accordance with Rule 5.2 or otherwise of Part B.
Prior Plan Award means an award outstanding under the Prior Plan as of the Effective Date.
3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Award Cycle means a period of consecutive fiscal years or portions thereof designated by the Committee over which Performance Units are to be earned.
Performance Unit Award means an award of Performance Units under this Plan.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.
Performance Award means any right granted under Section 6(d) of the Plan.
the award , except in sub-paragraph (2), means—
409A Award means an Award that constitutes a “deferral of compensation” within the meaning of the 409A Regulations, whether by design, due to a subsequent modification in the terms and conditions of such Award or as a result of a change in applicable law following the date of grant of such Award, and that is not exempt from Section 409A of the Code pursuant to an applicable exemption.
PSU means Public Sector Undertaking
RSU means a restricted stock unit granted under the Plan, which represents an unfunded and unsecured promise to deliver shares of Common Stock in accordance with the terms of the RSU Award Agreement.
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;
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.
Phantom Stock Award means an Award granted under Paragraph X of the Plan.
LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.
Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.
Contract Award Date means the date of the Contract award notice, which may take the form of a purchase order, signed Contract or Notice of Award, issued by the Authority.
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 Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).
Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.
Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.
Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Cash Award means an award denominated in cash.
Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.