Terms of Award Clause Example with 23 Variations from Business Contracts

This page contains Terms of Award clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a)The "Participant" is ________________________________(b)The "Grant Date" is February 24, 2016. (c)The number of "Covered Units" granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units shall be the earliest... to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 21, elsewhere in this Agreement or the Plan. View More Arrow
Found in ASSURED GUARANTY LTD contract

Variations of a "Terms of Award" Clause from Business Contracts

Terms of Award. (a) The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a)The "Participant" "Grantee" is ________________________________(b)The _______________. (b) The "Grant Date" is February 24, 2016. (c)The _______________. (c) The number of "Covered Units" ordinary shares of the Company ("Common Shares") granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Date, subject to the ter...ms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 21, elsewhere in this Agreement or the Plan. _______ (the "Restricted Stock"). View More Arrow
Found in Enstar Group LTD contract
Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a)The 1:(a)The "Participant" is ________________________________(b)The "Grant Date" is February 24, 2016. [________], 2020. (c)The number of "Covered Units" granted under this Agreement is _____ Covered Units. (d)The "Delivery Date" with respect to the Covered Units shall be the fourth anniversary of the Grant Date. (e)The "Performance Determination Date" is the earlier to occur of (i) De...cember 31, 2022 and (ii) the date of a Change in Control. (f)The "Performance Period" is January 1, 2020 through December 31, 2022; provided, however, if a Change in Control occurs on or after the Grant Date but prior to December 31, 2022, the Performance Period shall be the period beginning on January 1, 2020 and ending on the date of the Change in Control.Other words and phrases used in this Agreement are defined pursuant to Section 23, elsewhere in this Agreement or the Plan.2. Performance-Based Restricted Stock Unit Award. This Agreement specifies the terms of the "Performance-Based Restricted Stock Unit Award" granted to the Participant. Each "Unit" "Covered Unit" represents the right to receive one share up to two and one-half shares of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 21, elsewhere in this Agreement or the Plan. View More Arrow
Found in ASSURED GUARANTY LTD contract
Terms of Award. The following words and phrases used in this Agreement these Restricted Stock Award Terms shall have the meanings set forth in this Section 1: (a)The "Participant" is ________________________________(b)The ______________ (b)The "Grant Date" is February 24, 2016. ______________ (c)The number of "Covered Units" granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d)The... "Delivery Date" with respect to the Covered Units Shares" shall be the earliest to occur of: (i) the third anniversary ______ shares of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Stock. Other words and phrases used in this Agreement these Restricted Stock Award Terms are defined pursuant to Section 21, 9 or elsewhere in this Agreement or the Plan. these Restricted Stock Award Terms. View More Arrow
Found in Hub Group, Inc. contract
Terms of Award. (a) The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a)The "Participant" "Grantee" is ________________________________(b)The _______________. (b) The "Grant Date" is February 24, 2016. (c)The _______________. (c) The number of "Covered Units" Restricted Stock Units granted under this Agreement is _____ Units. _______ ("RSUs"). Each "Unit" RSU represents the right to receive one share of Stock on the Delivery Date, subject to the terms o...f this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 21, elsewhere in this Agreement or the Plan. Common Share. View More Arrow
Found in 2 Contracts from Enstar Group LTD
Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a)The 1:(a)The "Participant" is ________________________________(b)The "Grant Date" is February 24, 2016. [________], 2019. (c)The number of "Covered Units" granted under this Agreement is _____ Covered Units. (d)The "Delivery Date" with respect to the Covered Units shall be the fourth anniversary of the Grant Date. (e)The "Performance Determination Date" is the earlier to occur of (i) De...cember 31, 2021 and (ii) the date of a Change in Control. (f)The "Performance Period" is January 1, 2019 through December 31, 2021; provided, however, if a Change in Control occurs on or after the Grant Date but prior to December 31, 2021, the Performance Period shall be the period beginning on January 1, 2019 and ending on the date of the Change in Control.Other words and phrases used in this Agreement are defined pursuant to Section 23, elsewhere in this Agreement or the Plan.2. Performance-Based Restricted Stock Unit Award. This Agreement specifies the terms of the "Performance-Based Restricted Stock Unit Award" granted to the Participant. Each "Unit" "Covered Unit" represents the right to receive one share up to [two] shares of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 21, elsewhere in this Agreement or the Plan. View More Arrow
Found in ASSURED GUARANTY LTD contract
Terms of Award. The following words and phrases terms used in this Agreement shall have the meanings set forth in this Section 1: (a)The 2: The "Participant" is ________________________________(b)The _______________. The "Grant Date" is February 24, 2016. (c)The _______________. The "Restriction Period" is the period beginning on the Grant Date and ending on the date or dates and satisfaction of such conditions (including both Service Measures and Performance Measures) as described in Schedule A and Schedule B,... which is attached hereto and expressly made a part of this Agreement. The number of "Covered Units" shares of common stock of the Corporation (the "Common Stock") subject to the Restricted Stock Award granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 21, elsewhere in this Agreement or the Plan. ______________________ (________) shares (the "Shares"). View More Arrow
Found in CHARLES & COLVARD LTD contract
Terms of Award. The following words and phrases used in this Agreement these Restricted Stock Award Terms shall have the meanings set forth in this Section 1: (a)The "Participant" is ________________________________(b)The ________________ (b)The "Grant Date" is February 24, 2016. ________________ (c)The number of "Covered Units" granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d...)The "Delivery Date" with respect to the Covered Units Shares" shall be the earliest to occur of: (i) the third anniversary ______ shares of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Stock. Other words and phrases used in this Agreement these Restricted Stock Award Terms are defined pursuant to Section 21, 9 or elsewhere in this Agreement or the Plan. these Restricted Stock Award Terms. View More Arrow
Found in Hub Group, Inc. contract
Terms of Award. The following words and phrases terms used in this Agreement shall have the meanings set forth in this Section 1: (a)The 2: The "Participant" is ________________________________(b)The ______________________. The "Grant Date" is February 24, 2016. (c)The ______________________. The "Restriction Period" is the period beginning on the Grant Date and ending on the date or dates and satisfaction of such conditions (including both Service Measures and Performance Measures) as described in Schedule A a...nd Schedule B, which are attached hereto and expressly made a part of this Agreement. The number of "Covered Units" shares of common stock of the Company (the "Common Stock") subject to the Restricted Stock Award granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units shall be the earliest to occur of: (i) the third anniversary of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Other words and phrases used in this Agreement are defined pursuant to Section 21, elsewhere in this Agreement or the Plan. ______________________ (_____) shares (the "Shares"). View More Arrow
Found in CHARLES & COLVARD LTD contract
Terms of Award. The following words and phrases used in this Agreement the Performance-Based Restricted Stock Award Terms shall have the meanings set forth in this Section paragraph 1: (a)The "Participant" is ________________________________(b)The _______________________________. (b)The "Grant Date" is February 24, 2016. _______________________________. (c)The number of "Covered Units" granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Dat...e, subject to the terms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units "Performance Shares" shall be the earliest to occur of: (i) the third anniversary __________ shares of the Grant Date; (ii) the Participant's death; Class A Common Stock. (d)The "Performance Period" shall begin on , 20 and (iii) end on , 20 . (e)The "Measurement Date" shall mean the date on which the Participant becomes Permanently Disabled. Compensation Committee (the "Committee") certifies the performance results for the Performance Period. Other words and phrases used in this Agreement the Terms are defined pursuant to Section 21, elsewhere in this Agreement herein or the Plan. View More Arrow
Found in Hub Group, Inc. contract
Terms of Award. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a)The "Participant" is ________________________________(b)The [________________________________] (b)The "Grant Date" is February 24, 2016. [___________]. (c)The number of "Covered Units" granted under this Agreement is _____ Units. Each "Unit" represents the right to receive one share of Stock on the Delivery Date, subject to the terms of this Agreement and the Plan. (d)The "Delivery Date..." with respect to the Covered Units Shares" shall be the earliest to occur of: (i) the third anniversary [________________] shares of the Grant Date; (ii) the Participant's death; and (iii) the date on which the Participant becomes Permanently Disabled. Stock. (d)The "Exercise Price" is $ [____________] per share. Other words and phrases used in this Agreement are defined pursuant to Section 21, 17, elsewhere in this Agreement or the Plan. View More Arrow
Found in 2 Contracts from Chardan Healthcare Acquisition Corp.