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. The following words and phrases used in this Agreement shall have the meanings set forth in this Section 1: (a)The paragraph 1:(a)The "Participant" is ________________________________(b)The "Grant Date" is February 24, 2016. 25, 2020. (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, to the extent that the Participant is vested in such Units as of the Delivery Date, subject to the ter...ms of this Agreement and the Plan. (d)The "Delivery Date" with respect to the Covered Units each Installment shall be the earliest to occur of: (i) of:(i) The date on which the third anniversary Participant vests in that Installment in accordance with the schedule set forth in paragraph 3 (determined without regard to paragraphs 3(a) or 3(b)). (ii) The Participant's Date of Termination that occurs by reason of the Grant Date; (ii) the Participant's death; and death. (iii) the The date on which the Participant becomes Permanently Disabled. Other Disabled on or before the Participant's Date of Termination. (iv) If an Installment constitutes nonqualified deferred compensation subject to Code section 457A, the date on which the amount is no longer treated as subject to a substantial risk of forfeiture.Other words and phrases used in this Agreement are defined pursuant to Section 21, paragraph 19, elsewhere in this Agreement 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 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. 7, 2013. (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 third anniversary of the Grant Date. (e)The "Performance Determination Date" is the earlier to occur of (i) December 31,... 2015; (ii) the date of a Change in Control. (f)The "Performance Period" is January 1, 2013 through the Performance Determination Date.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 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. 5, 2014. (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 third anniversary of the Grant Date. (e)The "Performance Determination Date" is the earlier to occur of (i) December 31,... 2016; (ii) the date of a Change in Control. (f)The "Performance Period" is January 1, 2014 through the Performance Determination Date.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