Individual Award Limit definition

Individual Award Limit means the cash and share limits applicable to Awards granted under the Plan, as set forth in Section 3.3 hereof.
Sample 1Sample 2Sample 3
Individual Award Limit means the share limit applicable to Awards granted under the Plan, as set forth in Section 3.3 hereof.
Sample 1Sample 2Sample 3
Individual Award Limit means the cash and share limits applicable to Awards granted under the Plan, as set forth inSection 3.3 hereof.
Sample 1

Examples of Individual Award Limit in a sentence

  • Subject to Section 12.2 hereof, each LTIP Unit issued pursuant to an Award shall count as one Share for purposes of calculating the aggregate number of Shares available for issuance under the Plan as set forth in this Section 3.1(a) and for purposes of calculating the Individual Award Limit set forth in Section 3.3 hereof.

  • The Administrator shall make such equitable adjustments, if any, as the Administrator in its discretion may deem appropriate to reflect such Equity Restructuring with respect to the aggregate number and kind of shares that may be issued under the Plan (including, but not limited to, adjustments to the Share Limit and the Individual Award Limit).

  • In lieu of the Original Stock Options that were granted in excess of the Prior Individual Award Limit, the Board, upon effectiveness of the Plan Amendment, granted Mr. Temperato the following new stock awards: 639,655 shares of Common Stock, subject to time-based vesting, and 650,000 shares of Common Stock, subject to performance-based vesting, at an exercise price of $1.09.

  • Subject to Section 12.2 hereof, each LTIP Unit issued pursuant to an Award shall count as one Share for purposes of calculating the aggregate number of Shares available for issuance under the Plan as set forth in this Section 3.1(a) and for purposes of calculating the Individual Award Limit set forth inSection 3.3 hereof.

  • Mayor Pro Tempore Israel opened the Public Hearing concerning Capital Improvement Element (CIE) & Short Term Work Program (STWP) for discussion.

  • It is recommended that drawing on the experiences of several centres, protocols for interagency referral pathways and models of working be developed to ensure optimal and consistent service experiences for young people.

  • The portion of the Original Stock Options relating to 310,345 shares of Common Stock subject to time-based vesting that were not in excess of the Prior Individual Award Limit remain in effect.


More Definitions of Individual Award Limit

Individual Award Limit is the lesser of (a) Awardee’s percentage of the Aggregate Award Limit established under the EOIP for the Performance Period, and (b) the maximum amount specified in Section 4.1(c) of the EOIP.
Sample 1
Individual Award Limit means limits applicable to Awards granted under the Plan.
Sample 1

Related to Individual Award Limit

  • Award Limit means with respect to Awards that shall be payable in Shares or in cash, as the case may be, the respective limit set forth in Section 3.3.

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Section 162(m) Award means a Performance Award granted under Section 6(k)(i) to a Covered Employee that is intended to satisfy the requirements for “performance-based compensation” within the meaning of Section 162(m).

  • 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.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Final Award means, in the context of this Request for Proposals and all its attendant documents, that point at which the final required signature on the contract(s) resulting from the procurement has been affixed to the contract(s) thus making it fully executed.

  • 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.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.