Plan Awards Contract Clauses (48)

Grouped Into 4 Collections of Similar Clauses From Business Contracts

This page contains Plan Awards clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Plan Awards. Participants will earn 100% of their Target Award for achievement of Plan Goals. Participants' actual awards will vary from their Target Awards if performance is above or below Plan Goals. Participants will receive no award if results fall short of certain minimum threshold levels. If performance results reach such minimum thresholds, Participants will earn 25% of their Target Award. Participants will receive up to a maximum of 200% of their Target Award if performance exceeds Plan Goals and rea...ches certain maximum performance levels. Between the Plan's minimum threshold and maximum performance levels, Participants' awards will increase or decrease from their Target Award amount in proportion to incremental achievement of Plan Goals. View More Arrow
Found in Esterline Technologies contract
Plan Awards. Appointment letters will also establish a Target Award for each Participant, expressed as a percentage of the Participant's base salary in effect on the last day of the fiscal year. Participants will earn 100% of their Target Award for achievement of if the Company achieves Plan Goals. Participants' actual awards will vary from their Target Awards if performance is the Company performs above or below Plan Goals. Participants will receive no award if Company results fall short of certain minimum ...threshold levels. If performance results reach At such minimum thresholds, Participants will earn 25% of their Target Award. Participants will receive up to a maximum of 200% of their Target Award if Company performance exceeds Plan Goals and reaches certain maximum performance levels. Between the Plan's minimum threshold and maximum performance levels, goals, Participants' awards will increase or decrease from their Target Award amount target levels in proportion to the Company's incremental achievement of Plan Goals. achievement. View More Arrow
Found in Esterline Technologies contract
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Plan Awards. This Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.
Found in SEATTLE GENETICS INC contract
Plan Awards. This Option is granted under and pursuant to the Plan and the LTIP and is subject to each and all of the provisions thereof.
Found in SEATTLE GENETICS INC contract
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Plan Awards. The Committee, on behalf of the Corporation, is authorized under this Plan to grant, award and enter into the following arrangements or benefits under the Plan provided that their terms and conditions are not inconsistent with the provisions of the Plan: stock options, stock appreciation rights, restricted stock and restricted stock units. Such arrangements and benefits are sometimes referred to herein as "Awards." The Committee, in its discretion, may determine that any Award granted hereunder ...shall be a Performance Award. For purposes of the Plan, "market value" shall mean the average of the high and low sales prices of the Corporation's common stock. (i) Stock Options. A "Stock Option" is a right to purchase a number of Shares at such exercise price, at such times, and on such other terms and conditions as are specified in or determined pursuant to the document(s) evidencing the Award (the "Option Agreement"). The Committee may grant Stock Options that are not intended to qualify as incentive stock options pursuant to Section 422 of the Code ("Non-qualified Stock Options"). (ii) Stock Appreciation Rights. A "Stock Appreciation Right" or "SAR" is a right to receive, in cash or stock (as determined by the Committee), value with respect to a specific number of Shares equal to or otherwise based on the excess of (i) the market value of a Share at the time of exercise over (ii) the exercise price of the right, subject to such terms and conditions as are expressed in the document(s) evidencing the Award (the "SAR Agreement"). (iii) Restricted Stock. A "Restricted Stock" Award is an award of Shares, the grant, issuance, retention and/or vesting of which is subject to such conditions as are expressed in the document(s) evidencing the Award (the "Restricted Stock Agreement"). (iv) Restricted Stock Unit. A "Restricted Stock Unit" Award is an award of a right to receive, in cash or stock (as determined by the Committee) the market value of one Share, the grant, issuance, retention and/or vesting of which is subject to such conditions as are expressed in the document(s) evidencing the Award (the "Restricted Stock Unit Agreement"). (b) Grants of Awards. An Award may consist of one of the foregoing arrangements or benefits or two or more of them in tandem or in the alternative. View More Arrow
Found in Phunware, Inc. contract
Plan Awards. (a) Award Types. The Committee, Administrator, on behalf of the Corporation, Company, is authorized under this Plan to grant, award and enter into the following arrangements or benefits under the Plan provided that their terms and conditions are not inconsistent with the provisions of the Plan: stock options, stock appreciation rights, restricted stock Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, and restricted stock units. Such arrangements and benefits ar...e sometimes referred to herein as "Awards." Other Stock-Based Awards. The Committee, Administrator, in its discretion, may determine that any Award granted hereunder shall be a Performance Award. For purposes performance Award the grant, issuance, retention, vesting and/or settlement of which is subject to satisfaction of one or more of the Plan, "market value" shall mean the average of the high and low sales prices of the Corporation's common stock. Qualifying Performance Criteria specified in Section 8(e). (i) Stock Options. A "Stock Option" is a right to purchase a number of Shares at such exercise price, at such times, and on such other terms and conditions as are specified in or determined pursuant to the document(s) evidencing the Award (the "Option Agreement"). The Committee may grant Stock Options intended to be eligible to qualify as incentive stock options ("ISOs") pursuant to Section 422 of the Code and Stock Options that are not intended to qualify as incentive stock options pursuant to Section 422 of the Code ("Non-qualified ISOs ^ Non-qualified Stock Options"). Options"), as it, in its sole discretion, shall determine. (ii) Stock Appreciation Rights. A "Stock Appreciation Right" or "SAR" is a right to receive, in cash or stock (as determined by the Committee), Administrator), value with respect to a specific number of Shares equal to or otherwise based on the excess of (i) the market value of a Share at the time of exercise over (ii) the exercise price of the right, subject to such terms and conditions as are expressed in the document(s) evidencing the Award (the "SAR Agreement"). (iii) Restricted Stock. A "Restricted Stock" Award is an award of Shares, the grant, issuance, retention and/or vesting of which is subject to such conditions as are expressed in the document(s) evidencing the Award (the "Restricted Stock Agreement"). Agreement"‘). (iv) Restricted Stock Unit. A "Restricted Stock Unit" Unit' Award is an award of a right to receive, in cash or stock (as determined by the Committee) Administrator) the market value of one Share, the grant, issuance, retention and/or vesting of which is subject to such conditions as are expressed in the document(s) evidencing the Award (the "Restricted Stock Unit Agreement"). Agreement'). (v) Other Stock-Based Awards. An "Other Stock-Based Award' is an award other than those described in subsections (i) - (iv) above, that is denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Common Stock or factors that may influence the value of Common Stock, including, without limitation, convertible or exchangeable debt securities, other rights convertible or exchangeable into Common Stock, purchase rights for Common Stock, Awards with value and payment contingent upon performance of the Company or business units thereof or any other factors designated by the Administrator, and Awards valued by reference to the book value of Common Stock or the value of securities of or the performance of specified Subsidiaries or other business units. The Administrator shall determine the terms and conditions of such Awards, which shall be expressed in the document(s) evidencing the Award (the "Other Stock-Based Award Agreement'). (b) Grants of Awards. An Award may consist of one of the foregoing arrangements or benefits or two or more of them in tandem or in the alternative. View More Arrow
Found in Adaptive Medias, Inc. contract
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Plan Awards. Awards may be granted to Eligible Persons as determined by the Committee at any time and from time to time prior to the termination of the Plan. The terms and conditions of each Award shall be set forth in an Award Agreement in a form approved by the Committee for such Award, which Award Agreement may contain such terms and conditions as specified from time to time by the Committee, provided such terms and conditions do not conflict with the Plan. The Award Agreement for any Award (other than Re...stricted Stock awards) shall include the time or times at or within which and the consideration, if any, for which any shares of Common Stock may be acquired from the Company. The terms of Awards may vary among Participants, and the Plan does not impose upon the Committee any requirement to make Awards subject to uniform terms. Accordingly, the terms of individual Award Agreements may vary. (b) Termination of Employment. Subject to the express provisions of the Plan, the Committee shall specify before, at, or after the time of grant of an Award the provisions governing the effect(s) upon an Award of a Participant's Termination of Employment. (c) Rights of a Stockholder. A Participant shall have no rights as a stockholder with respect to shares of Common Stock covered by an Award (including voting rights) until the date the Participant becomes the holder of record of such shares of Common Stock. No adjustment shall be made for dividends or other rights for which the record date is prior to such date, except as provided in Section 10(b) or Section 15 of this Plan or as otherwise provided by the Committee. View More Arrow
Found in Forterra, Inc. contract
Plan Awards. Awards may be granted to Eligible Persons as determined by the Committee at any time and from time to time prior to the termination of the Plan. Plan to Eligible Persons as determined by the Committee. The terms and conditions of each Award shall be set forth in an Award Agreement in a form approved by the Committee (or its delegate) for such Award, which Award Agreement may contain such terms and conditions as specified from time to time by the Committee, provided such terms and conditions do n...ot conflict with the Plan. The Award Agreement for any Award (other than Restricted Stock awards) shall include the time or times at or within which and the consideration, if any, consideration for which any shares of Common Stock may be acquired from the Company. The terms of Awards may vary among Participants, and the Plan does not impose upon the Committee any requirement to make Awards subject to uniform terms. Accordingly, the terms of individual Award Agreements may vary. (b) Termination of Employment. Separation from Service. Subject to the express provisions of the Plan, the Committee shall specify before, at, at or after the time of grant of an Award the provisions governing the effect(s) upon an Award of a Participant's Termination of Employment. Separation from Service. (c) Rights of a Stockholder. A Participant shall have no rights as a stockholder with respect to shares of Common Stock covered by an Award (including voting rights) until the date the Participant becomes the holder of record of such shares of Common Stock. No adjustment shall be made for dividends or other rights for which the record date is prior to such date, except as provided in Section 10(b) or Section 15 of this Plan or as otherwise provided by the Committee. Notwithstanding the foregoing, in no event shall Dividend Equivalents be granted alone or in conjunction with any Option or Stock Appreciation Right granted under the Plan. View More Arrow
Found in DOW CHEMICAL CO contract
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