Participant Grant definition

Participant Grant means the grant to the Executive authorized by the Board or the Committee which sets forth the Participation Level of the Executive in the Plan.
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Participant Grant means the grant to the Participant authorized by the Committee that sets forth the Participation Level of the Participant in the Plan.
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Examples of Participant Grant in a sentence

  • At the beginning of each Performance Cycle, the Board or the Committee shall establish the Performance Targets for the Performance Cycle and the Participation Levels for each Participant, which shall be communicated to each Participant through the Participant Grant at the time the Performance Targets are set and any other time during the Performance Cycle, as needed.

  • Name of Participant Grant Date Recapture and Recoupment x Section 14 of the Plan regarding Termination, Rescission, and Recapture shall apply to this Award.

  • Participant: Grant Date: Number of RSUs: Vesting Commencement Date: Vesting Schedule: Subject to any acceleration provisions contained in the Plan or set forth below, the RSUs shall vest in accordance with the following schedule: [To be specified in individual agreements] Notwithstanding the foregoing, the RSUs shall vest in full immediately upon a Change in Control.

  • The Maximum Annual Participant Grant shall be 100,000 shares, subject to adjustment as provided in Section 12.

  • Each grant shall be evidenced by a Participant Grant and Agreement, which shall be executed on behalf of the Company by the Chief Executive Officer, or by such officer of the Company as may be designated by the Chief Executive Officer, and delivered to and accepted by the Participant.

  • Participant Grant Date November 21, 2023 Number of Performance Shares: Threshold: Target: Maximum: Performance Period January 1, 2024 to December 31, 2026 With respect to outstanding unvested Awards under the Plan granted pursuant hereto, there shall be no automatic vesting of such Awards solely upon a Change-in-Control.

  • Your SAR has the following terms: Name of Participant: Grant Date: Expiration Date: Exercise Price: Number of Shares subject to this Award: Dividend Equivalent Rights: Not applicable to this Award.

  • CLEVELAND-CLIFFS INC (“Company”) The undersigned hereby acknowledges receipt of an executed original of this Participant Grant and Agreement and accepts the Performance Shares and Retention Units granted hereunder on the terms and conditions set forth herein and in the Plan.

  • Name of Participant: Grant Date: Target Number of Shares: Vesting Schedule: The vesting conditions for the PSUs are set forth in the Standard Terms and Conditions.

  • The Participant Grant and Agreement shall state the specific Management Objectives, target level of achievement and payout for the Incentive Period.

Related to Participant Grant

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and

  • Participant has the meaning specified in Section 10.06(d).

  • Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Other Participant means a cooperative project participant other than the United States.

  • Participants is defined in Section 12.2.1.

  • 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.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

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

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • 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.

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.