Sentences with phrase «based award which»
Global settlements, including those in the hip recall cases, often provide a base award which is subject to adjustments both upward and downward.
https://www.lieffcabraser.com/ Not exact matches
If Mr. Musk were somehow to increase the value of Tesla to $ 650 billion — a figure many experts would contend is laughably impossible and would make Tesla one of the five largest companies in the United States, based on current valuations — his stock award could be worth as much as $ 55 billion (assuming the company does not issue any more shares over the next decade, which is unrealistic).
To address this problem, NASA once launched the Space Poop Challenge, which awarded $ 15,000 to a man who figured out a clever way to build a suction - based bathroom device into a spacesuit.
Six Perth - based startups have been shortlisted of the 2014 - 15 OzAPP Awards, which seek the most innovative tech startup companies from the Asia Pacific region.
BriefCam, Ltd., in which the Company has a $ 3.1 million investment reported in the Company's consolidated financial statements at cost basis, recently announced 100 % revenue growth in 2017, the release of its next generation video content analytics platform and receipt of Security Today's 2018 Platinum Govie Award for video analytics.
This Houston - based award - winning bakery is known for its Pumpecapple Piecake, which consists of three layers of pie — pumpkin, apple, and pecan — all baked into a unique cake.
In 2014, over 97 % of the company's employees received long - term incentive benefits, which are awarded based on their performance.
But by the time he applied, the visas, which are awarded on a lottery basis, were all taken, so he was out of luck.
The movie, which is based on Uzodinma Iweala's 2005 novel of the same name, stars Golden Globe - winning actor Idris Elba and was written and directed by Cary Fukunaga, who won an Emmy Award for directing HBO television show True Detective.
GestureTek Mobile was recently awarded the GSM Association's Mobile Innovation Global Award for its EyeMobile Engine, which uses the phone's camera to create a gesture - based interface.
The weighted - average exercise price is calculated based solely on the exercise prices of the outstanding stock options and does not reflect the shares that will be issued upon the vesting of outstanding awards of RSUs, which have no exercise price.
Even the pieces for which he won his 2004 National Magazine Award were based more on a p.r. stunt than on any sharp insights: At a press briefing in Doha, Qatar, Wolff stood up and asked General Vincent Brooks why it was worth the media's time to show up for such highly orchestrated, unnewsworthy events.
The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested
In the event that the value of propositions received exceeds the ON RRP's capacity, awards are made at the rate at which the capacity was achieved (the stop - out rate), with all propositions below this rate awarded in full and all propositions equal to this rate awarded on a pro rata basis.
We provide information below about (1) the circumstances under which these options and stock awards vest upon termination of employment or the occurrence of certain acquisitions, and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2009 and based on an NYSE closing price per share of our common stock on that date of $ 26.99.
This same mix of performance - based and time - based awards has been granted by the Committee for the past several years and reflects HP's primary emphasis on performance driven compensation, with the time - based awards providing a measure of retention value, which is also an important component of the overall executive compensation arrangement.
AI for Good: Tel Aviv - based Voiceitt was awarded the AI for Good prize, which included $ 500K in funding from M12 and $ 500K in Microsoft Azure credits for best exemplifying the use of AI to improve society, aligned to the mission of M12's AI Fund.
The Company recognizes compensation expense equal to the grant date fair value of the common stock on a straight - line basis over the period during which the employee is required to perform service in exchange for the award.
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.
The proposed 2015 Stock Incentive Plan would amend, restate and rename the 2010 Stock Incentive Plan and would include additional criteria by which performance - based awards of cash or stock may be measured, and would otherwise amend the 2010 Stock Incentive Plan as described below.
The HRC did not alter the overall compensation program for named executives for 2011, which consisted of base salary, an annual incentive award opportunity and an equity - based long - term incentive award opportunity.
The fair value of the common stock underlying the stock - based awards is determined by our board of directors, which considered numerous objective and subjective factors to determine the fair value of common stock at each grant date.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2011 and based on an NYSE closing price per share of our common stock of $ 27.56 on December 30, 2011, the last trading date in 2011.
UPEI's Faculty of Business has up to seven (7) EMBA Entrance Awards valued from $ 3,500 to $ 5,000, which are offered each year to incoming EMBA students based on academic and professional achievements, as well as leadership skills or potential.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
According to an announcement on July 20, 2017, Horizon 2020 awarded funding to Billon based on its application of distributed ledger technology (DLT) to the alternative payments market, which is projected to increase to $ 1.4 trillion.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
With respect to Awards granted to an Outside Director that are assumed or substituted for, if on the date of or following such assumption or substitution the Participant's status as a Director or a director of the successor corporation, as applicable, is terminated other than upon a voluntary resignation by the Participant (unless such resignation is at the request of the acquirer), then the Participant will fully vest in and have the right to exercise Options and / or Stock Appreciation Rights as to all of the Shares underlying such Award, including those Shares which would not otherwise be vested or exercisable, all restrictions on Restricted Stock and Restricted Stock Units will lapse, and, with respect to Awards with performance - based vesting, all performance goals or other vesting criteria will be deemed achieved at one hundred percent (100 %) of target levels and all other terms and conditions met.
Under this method, the compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period.
The dates of our valuation reports, which were prepared on a periodic basis, were not contemporaneous with the grant dates of our unit - based awards.
The time - based awards facilitate retention, which is also an important goal of HP Co.'s executive compensation program.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2010 and based on an NYSE closing price per share of our common stock on that date of $ 30.99.
This award will further motivate our staff to continue to strive for greater heights of excellence and uphold the bank's brand promise — which is based on integrity, honesty and excellent service delivery — to its customers.»
These awards were judged solely on the basis of entrants» submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics.
In response to shareholder feedback, the company revamped its executive compensation program by introducing a formulaic bonus scheme (which included metrics based on TSR, production, expenses, and margins), conditioning equity awards on performance metrics (relative TSR and absolute cash flow), and reducing Mr. Nichols» salary by one - third.
The Fund is a small, nearly all - volunteer scholarship fund based in New York City, which awards yearly grants and works to foster fellowship among grant recipients.
The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk - adjusted performance measure calculated over 36, 60 and 120 month periods.
«Of course,» McDonald noted, «the Ogilvy jury could not have known, nor could the ARF have known, that the work being awarded that night might have been based on pilfered data to which CA had no legal right.»
Exclusive VIP Event # 1: When: June 3rd, Wednesday, 7:00 PM — 9:00 PM Where: AHIP Institute 2015 What: RxAdvance sponsored VIP Seating @ Opening Night Concert by Martina McBride, CMA / ACM Award - winning Country Music Recording Artist Details: Please see one of the AHIP staff at 6:45 in the AHIP Select Lounge which is located at the base of the escalator on the third level along with your wristb and to be seated in the RxAdvance sponsored VIP seating area.
I was reminded of this with particular poignancy a few days ago, when I read that the Japan Science and Technology Agency had awarded a grant of $ 3.4 million to a group of Japanese and American researchers in «evolutionary science and technology» for a project to be conducted at Monash University, the ultimate aim of which is to determine — based on models provided by Integrated Information Theory (IIT)-- whether it is possible to create «artificial consciousness.»
Customers can apply for a Smart Shopper account and card, which awards them points based on how much they spend on each visit to a Hi - Lo Food Stores location.
In addition, the company in 2016 won the Ohio Grocers Association Pinnacle Award, which is given annually to single - store and multi-store operations based on «operational excellence and significant contribution to Ohio's food industry,» the Association says.
IAH also won recognition from the SkyTrax World Airport Awards, which are based on an annual, global airport customer satisfaction survey.
Guests to the property can dine at award - winning restaurants, enjoy live music at Silos nightclub, or try The Spa at Napa River Inn — a purveyor of amazing local grape - based body products which are also found in room.
Gibbons» experience includes serving as a delegate for the National Restaurant Association in 2006 to the Air Force Hennessy Award competition, which showcases the pride and cleanliness of the base kitchens.
WILMINGTON, Del., May 17, 2013 — DuPont celebrated the silver anniversary of its global packaging awards program last night, granting top honors to U.K. - based design firm pi global for AidPod, which delivers life - saving medicine to remote sub-Saharan villages.
At the silver anniversary of its global packaging awards program, DuPont granted top honors to U.K. - based design firm pi global for AidPod, which delivers life - saving medicine to remote sub-Saharan villages.
The new reel splitter will join the company's heavy - duty primary shredder, which can process larger volumes of material such as wrappers, cores, palletised paper and other bulky waste.Designers and manufacturers of premium quality self - adhesive labels, The Label Makers, will showcase its latest range of label designs, including its award - winning creations for Mary Rose Gin, Lanique and Kakapo wine.Multi Packaging Solutions, part of WestRock Company, will use Label & Print to showcase its range of paper - based consumer packaging.
Murray River Salt's pink salt flake product have been awarded 2 Golden Stars by the prestigious International Taste Quality Institute which is based in Brussels.