Grant of Awards Contract Clauses (612)

Grant of Awards. World Fuel Services Corporation, a Florida corporation (the "Company") has awarded to _____________ (the "Participant"), effective as of May 10, 2017 (the "Grant Date"), ______________ restricted stock units (the "RSUs") corresponding to the same number of shares (the "Shares") of the Company's common stock, par value US$0.01 per share (the "Common Stock"). The RSUs have been granted under the Company's 2016 Omnibus Plan (the "Plan"), which is incorporated herein for all purposes, and the grant ...of RSUs shall be subject to the terms, provisions and restrictions set forth in this Agreement and the Plan. As a condition to entering into this Agreement, and as a condition to the issuance of any Shares (or any other securities of the Company), the Participant agrees to be bound by all of the terms and conditions set forth in this Agreement and in the Plan.2. Definitions. Capitalized terms and phrases used in this Agreement shall have the meaning set forth below. Capitalized terms used herein and not defined in this Agreement, shall have the meaning set forth in the Plan. Notwithstanding the foregoing, the definitions of "Cause", "Disability" and "Good Reason" shall have the meanings set forth in the Employment Arrangement (as defined below). (a) "Committee" means the Compensation Committee of the Board of Directors of the Company. (b) "Employment Arrangement" means any employment agreement or individual severance agreement by and between the Company and the Participant, or severance plan maintained by the Company in which the Participant participates as of the Grant Date, in each case, as in effect on the Grant Date. (c) "Section 409A" means Section 409A of the U.S. Internal Revenue Code of 1986, as amended, and the Treasury Regulations thereunder. (d) "Termination Date" means the date on which the Participant is no longer an employee of the Company or any Subsidiary. View More

Grant of Awards. This Agreement ("Agreement") is made and entered into as of «Grant_Date_x» (the "Grant Date") by and between Perspecta Inc., a Nevada corporation (the "Company"), and «Name_x», a full-time employee of the Company and/or one or more of its Subsidiaries (the "Employee"). This Agreement granting the Employee an award under the Plan (the "Award") shall be subject to all of the terms and conditions set forth in the Perspecta Inc. 2018 Omnibus Incentive Plan (the "Plan") and this Agreement. Except as ...defined in Appendix A, capitalized terms shall have the same meanings ascribed to them under the Plan. This Award is subject to the data privacy provisions set forth in Appendix B. Award Granted: «Shares_Granted_x» Restricted Stock Units (the "RSUs") 2. Settlement of RSUs. (a) The RSUs shall be settled by the Company delivering to the Employee (or after the Employee's death, the beneficiary designated by the Employee for such purpose), on the Scheduled Settlement Date, a number of RSU Shares equal to the number of RSUs, together with any related Dividend Equivalents. (b) Except as otherwise provided in this Agreement, the RSUs shall be settled on the Scheduled Settlement Date. (c) Any RSU Shares the Employee receives in settlement of the RSUs shall be subject to any holding period requirements or other restrictions set forth in the Company's stock ownership guidelines applicable to the Employee, as in effect from time to time. The Employee acknowledges that he may be prohibited from selling or otherwise disposing of such RSU Shares while subject to such guidelines. View More

Grant of Awards. The Restricted Stock Units granted hereunder pursuant to Section 9 of the Plan shall be subject to the terms and provisions of the Plan, and all capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Plan. For purposes of this Agreement, "Termination" shall mean the termination of the employment or provision of services of the Grantee with the Company and all Affiliates thereof (including because of the Grantee's employer ceasing to be an Affiliate of the C...ompany); and "Termination Date" shall mean the date of the Termination. For purposes of this Agreement, Termination will not occur when Grantee goes on a military leave, a sick leave or another bona fide leave of absence that was approved by the Company in writing if the terms of the leave provide for continued service crediting, or when continued service crediting is required by Applicable Laws. Notwithstanding the foregoing, an approved leave of absence for six months or less, which does not in fact exceed six months, will not result in Termination for purposes of this Agreement. However, Termination will occur when approved leave described in this Section 2 ends, unless Grantee immediately returns to active work. Grantee shall be entitled to receive dividends declared during the Restricted Period with respect to the number of Shares covered by Restricted Stock Units, which dividends will be paid to Grantee at the time (and to the extent) Shares in respect of the related Restricted Stock Units are delivered to the Grantee under the terms of this Agreement. View More

Grant of Awards. Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Grantee the Award, giving the Grantee the conditional right to receive 293,542 shares of Class A Common Stock of the Company (the "Shares").

Grant of Awards. The Company hereby grants to the Participant RSUs on the following terms: (a) Upon achievement of target-level performance set forth in this Agreement, [●] RSUs may be earned under this Award (the "Target Achievable RSUs") in respect of the three-fiscal year performance period commencing on the first day of fiscal 2022 and ending on the last day of fiscal 2024 (the "Performance Period," and the last day, the "Closing Date"). (b) Each RSU represents one notional share of common stock, par value $....01 per share, of the Company (each, a "Share"). Two-thirds of the Target Achievable RSUs shall constitute "A-EBITDA-Based RSUs," and one-third of the Target Achievable RSUs shall constitute "ROIC-Based RSUs," in each case calculated in accordance with Section 2 below. View More

Grant of Awards. Company hereby grants to Participant on the Grant Date indicated above a non-qualified stock option ("Option;" collectively, "Options") to purchase up to the number of shares of Company's common stock, $.001 par value per share ("Common Stock"), set forth above ("Option Shares") pursuant to the Plan. The specific terms and conditions of the Option granted pursuant to this Award Agreement are set forth in the Plan, a copy of which is attached to this Award Agreement, the receipt of all of which P...articipant hereby acknowledges. This Option is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Code. View More

Grant of Awards. The Company hereby grants to the Participant, effective as of the Date of Grant, Restricted Stock Units, on the terms and conditions set forth in the Plan and this Agreement.

Grant of Awards. (a) Award. The Company, as of the Effective Date, hereby grants to the Executive an award (the "Award") of ______ restricted stock units (the "RSUs") subject to the restrictions, terms and conditions set forth below and in the Plan. (b) Omnibus Incentive Plan. This Award is granted pursuant to the Plan, a copy of which the Executive acknowledges having received. The terms and conditions of the Plan are incorporated into this Agreement by reference. If there is a conflict between the provisions o...f this Agreement and the provisions of the Plan, the provisions of the Plan will govern. Capitalized terms not otherwise defined in this Agreement have the meanings set forth in the Plan. View More

Grant of Awards. The Company hereby grants to the Participant on the Grant Date the aggregate number of restricted stock units ("RSUs") as set forth in the Grant Letter, subject to the terms and conditions of the Plan and this Agreement. This Award is granted under the Plan, the provisions of which are incorporated herein by reference and made a part of this Agreement.

Grant of Awards. The Company hereby grants to the Participant an award of Restricted Shares or Restricted Share Units, as specified above or in any Award Notice, on the date and with respect to the number of Shares or Units specified above or in any Award Notice. The Award is subject to the terms and conditions set forth herein and in the Plan, a copy of which has been delivered to the Participant, and which is made a part of this Award.