Qualifying Award definition

Qualifying Award means an Award made in accordance with the provisions of Section 10.
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Qualifying Award means an Option or an Award that is held by a person who had been an employee, director, consultant or agent to Data I/O for at least 180 days as of the effective date of a Change in Control.
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Qualifying Award means an Award intended to qualify under the exception for performance-based compensation in Section 162(m) granted to an Eligible Individual pursuant to Section 14 hereof.
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Examples of Qualifying Award in a sentence

  • Except as may otherwise be provided by the Committee (consistent with Section 162(m), in the case of a Qualifying Award) at any time prior to termination of employment, a participant's rights in all Performance Awards shall automatically terminate upon the participant's termination of employment by the Company and its Subsidiaries for any reason (including death).

  • At any time prior to the participant's termination of employment by the Company and its Subsidiaries, the Committee may in its sole discretion (but subject to Section 162(m), in the case of a Qualifying Award) accelerate, waive or, subject to Section 13, amend any or all of the goals, restrictions or conditions imposed under any Performance Award.

  • It definitely is not a capital asset, but now you have to go to 1231.

  • Three Social Workers have gained their Practice Teachers Award, and two have completed the Post Qualifying Award.

  • Her qualifications included a Certificate of Qualification in Social Work, a Diploma in Social Work, a Post Qualifying Award in Social Work (part 1) and an NVQ 5 in operational management.

  • Permits are also used to control movement between Jammu and Kashmir, Goa and Tibet.

  • During this period I maintained links with the University of Manchester initially as a Practice Teacher and then as a Tutor on the Post Qualifying Award in Mental Health.Matt Graham Matt joined the School of Social Work, Care & Community as a Senior Lecturer in April 2016, having previously worked as a Senior Lecturer in Social Work for the University of Kent.

  • Qualifying Award: Winning a qualifying award at an official event in the team’s Event Region.2. Robot Skills Ranking: If the Championship event in the team’s region is not filled to capacity through qualifying awards, teams may qualify through the World Skills Standings sorted for the Event Region and by grade level.

  • In order to meet its requirements under social care registration PBNI, through its membership of the NI Post-Qualifying Partnership, provides continuing learning opportunities for probation officers to complete part, or full,awards under the Post Qualifying Award Scheme.

  • This award was superseded in 2005 by the introduction of the GSCC’s new Post-Qualifying Framework, under which a five-day module on ‘Enabling Learning’ is included in every ‘specialist’ Post- Qualifying Award (the first of three levels).


More Definitions of Qualifying Award

Qualifying Award means an award that (a) has a grant date value as reasonably agreed to in good faith by the Executive on the one hand, and Lazard and PubliCo on the other hand, and (b) becomes fully vested (and if applicable, exercisable) upon the occurrence of a Change of Control or a Qualifying Termination.
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Qualifying Award means a grant of restricted stock, approved by the Committee or the Board, to an Eligible Employee under the Plan.
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Qualifying Award means an Award described in Section 12 granted under the Plan with the intent that such Award qualify as “performance-based compensation” for purposes of Section 162(m) of the Code.
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Qualifying Award means an award under the Plan made in accordance with the provisions of Section 9.
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Qualifying Award means any Award granted to an RSU Holder on an Award Date that is not less than six (6) months prior to such RSU Holder’s date of Retirement;
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Related to Qualifying Award

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Date of Award means the date this Contract is fully executed.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Bonus Stock means shares of Common Stock which are not subject to a Restriction Period or Performance Measures.

  • DSU means the Understanding on Rules and Procedures Governing the Settlement of Disputes contained in Annex 2 of the WTO Agreement;

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • 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).

  • Prior Plan Award means an award outstanding under the Prior Plan as of the Effective Date.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.