Award Pool definition

Award Pool means, for a Performance Period, the dollar amount calculated in accordance with Section 7.2(b) by applying the Performance Formula for such Performance Period against the Performance Goals for the same Performance Period.

Award Pool means the total dollars available for funding Incentive Awards under the Plan for an applicable Plan Year.

Award Pool means, with respect to a Plan Year, 2.25% of Operating Income for the Plan Year.

Examples of Award Pool in a sentence

• Similarly, Performance Award (Pool B) grants were made with a designated cash value.

• The total of all Awards granted for a Performance Period shall not exceed the amount of the Maximum Award Pool for such Performance Period.

• Subject to the passing of the relevant ordinary resolutions to approve the general mandates to repurchase Shares and on the basis that no further Shares are issued or repurchased between the Latest Practicable Date and the AGM, the Company would be allowed under the Repurchase Mandate to repurchase a maximum of 163,232,234 Shares representing 10% of the number of issued Shares of the Company at the Latest Practicable Date.

• The Actual Award Pool for a Performance Period shall be the Maximum Award Pool for such period after adjustment, if any, by the Committee through Negative Discretion.

• Thus, to the extent the Committee elects for a Performance Period not to exercise Negative Discretion with respect to the Maximum Award Pool, the Actual Award Pool for the Performance Period shall be the Maximum Award Pool for such period.

More Definitions of Award Pool

Award Pool means the total dollars available for funding Incentive Awards under the Plan for an applicable Plan Year. The Award Pool is comprised of the Associates’ Pool and the Principals’ Pool.

Award Pool means a hypothetical cash amount equal to two percent (2%) of the Pretax Earnings for a specified Performance Year. Pretax Earnings for this purpose may not include Pretax Earnings from any period not included in the designated Performance Year and, if Performance Years overlap, the Committee must specify counting rules so that the aggregate of Award Pools for such Performance Years does not exceed the limit of two percent (2%) of the Pretax Earnings during the relevant periods.

Award Pool means the incentive pool established in accordance with Section 5.

Award Pool means, with respect to a Plan Year, three percent (3%) of the Company’s operating income for the Plan Year.

Award Pool means, with respect to a Plan Year, an amount determined by the Board.

Award Pool means funds available for disbursement to employees participating in a gainsharing program as determined by the Closeout Committee.

Award Pool means the award pool established pursuant to Section 4(c).