Sentences with phrase «granted such an award»

An individual who meets the criteria for a continuing award would be granted such an award once funds are available (awards for previous years when funds were not available would not be granted).

Not exact matches

The Plan permits grants of the following types of incentive awards subject to such terms and conditions as the Leadership Development and Compensation Committee shall determine, consistent with the terms of the Plan: (1) stock options, including stock options intended to qualify as ISOs, (2) other stock - based awards, including in the form of stock appreciation rights, phantom stock, restricted stock, restricted stock units, performance shares, deferred share units or share - denominated performance units, and (3) cash awards.

When shares of Capital Stock are to be issued upon the exercise, grant or vesting of an Incentive Award, Google shall have the authority to withhold a number of such shares having a Fair Market Value at the date of the applicable taxable event determined by the Committee to be sufficient to satisfy the minimum federal, state and local withholding tax requirements, if any, attributable to such exercise, grant or vesting but not greater than the minimum withholding obligations, as determined by Google in its sole discretion.

Any such shares subject to awards other than stock options and stock appreciation rights granted under either such Plan will become available taking into account the 2:1 premium share counting rule applicable at the time of granting these types of awards.

No additional awards may be granted under the plans pursuant to which such awards were initially granted.

Subject to Section 6 and the other terms and conditions of the Plan, each Stock Appreciation Right grant will be evidenced by an Award Agreement (which may be in electronic form) that will specify the exercise price, the term of the Stock Appreciation Right, the conditions of exercise, and such other terms and conditions as the Administrator, in its sole discretion, will determine.

These new rules are effective starting in 2018 for us, except that certain equity awards (such as stock options) that we granted on or before November 2, 2017, might still be able qualify as performance - based compensation.

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.

(6) Regardless of the terms of any agreement evidencing an Incentive Award, the Committee shall have the right to substitute stock appreciation rights for outstanding Options granted to any Participant, provided the substituted stock appreciation rights call for settlement by the issuance of shares of Common Stock, and the terms of the substituted stock appreciation rights and economic benefit of such substituted stock appreciation rights are at least equivalent to the terms and economic benefit of the Options being replaced.

In such event, the committee may adjust the number and type of Shares available under the 2015 Plan or subject to outstanding grants and, subject to various limits in the 2015 Stock Incentive Plan, the exercise price of outstanding stock options and other awards.

Each Stock Appreciation Right grant will be evidenced by an Award Agreement that will specify the exercise price, the term of the Stock Appreciation Right, the conditions of exercise, and such other terms and conditions as the Administrator, in its sole discretion, will determine.

However, any outstanding stock options and RSUs granted under the 2007 Plan will remain outstanding, subject to the terms of our 2007 Plan and applicable award agreements, until such shares are issued under those awards (by exercise of stock options or settlement of RSUs) or until the awards terminate or expire by their terms.

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;

As a result of changes to the tax laws, we expect that equity awards granted or other compensation provided under arrangements entered into or materially modified on or after November 2, 2017 generally will not be deductible to the extent they result in compensation to certain of our named executive officers for or after 2017 that exceeds $ 1 million in any one year for any such officer.

the sale of shares of common stock in an underwritten public offering that occurs during the restricted period, including any concurrent exercise (including a net exercise or cashless exercise) or settlement of outstanding equity awards granted under our equity incentive plans or pursuant to a contractual employment arrangement described elsewhere in this prospectus in order to sell the shares of common stock delivered upon such exercise or settlement in such underwritten public offering; provided that, if required, any public report or filing under Section 16 of the Exchange Act will clearly indicate in the footnotes thereto that such disposition to us or withholding by us of shares or securities was solely to us pursuant to the circumstances described in this clause; or

If an award under the Plan is forfeited, expires or is settled for cash, any shares subject to such award may, to the extent of such forfeiture, expiration or cash settlement, be used again for new grants under the Plan.

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.

Subject to the provisions of our 2010 Plan, the administrator determines the terms of stock appreciation rights, including when such rights vest and become exercisable and whether to settle such awards in cash or with shares of our common stock, or a combination thereof, except that the per share exercise price for the shares to be issued pursuant to the exercise of a stock appreciation right will be no less than 100 % of the fair market value per share on the date of grant.

The 2016 Plan has been designed to permit the administrator to grant certain awards in its discretion that qualify as performance - based for purposes of satisfying the conditions of Section 162 (m), thereby permitting us to receive a federal income tax deduction in connection with such awards.

The 2001 Restricted Stock Plan was terminated in September 2010, and no further grants may be made under this plan, although, as of May 31, 2014, there were still unvested restricted share awards outstanding under the plan (all such shares have subsequently vested).

A DBSP Award will be granted over such number of shares as have at the grant date a market value, as determined by our board of directors, equal to the deferred bonus (the amount of bonus which is to be delivered in the form of a conditional award or a nil - cost optAward will be granted over such number of shares as have at the grant date a market value, as determined by our board of directors, equal to the deferred bonus (the amount of bonus which is to be delivered in the form of a conditional award or a nil - cost optaward or a nil - cost option).

In determining the size of equity grants to our executives, our compensation committee has historically considered our corporate performance, the applicable executive's performance and potential for enhancing the creation of value for our stockholders, the amount of equity previously awarded to the executive and the vesting of such awards, the executive's position and, in the case of awards to executive officers other than our chief

Annual cash retainers and formula equity award grants to our independent directors are intended to correlate to the responsibilities and time commitments of each such director.

(gg) «Stock Appreciation Right» or «SAR» means a right granted under Section 8 which entitles the recipient to receive an amount equal to the excess of the Fair Market Value of a Share on the date of exercise of the Stock Appreciation Right over the exercise price thereof on such terms and conditions as are specified in the agreement or other documents evidencing the Award (the «SAR Agreement»).

Today, the global premium spirits company is run by the fifth generation of his family and distils some of the world's leading brands of Scotch whisky, including the world's most awarded single malt Glenfiddich ®, The Balvenie ® range of handcrafted single malts and the world's third largest blended Scotch, Grant's ®, as well as other iconic spirits brands such as Hendrick's ® Gin, Sailor Jerry ®, Tullamore D.E.W. ® Irish Whiskey, Monkey Shoulder ® triple malt whisky and Drambuie ®.

To be considered for a SWATA Safe Sport School Award grant, applicants will be required to provide information such as proof of and NPI number, membership of NATA, and submit an application

Without these awards from the monarchy many would go unrewarded or people would not care about the achievement especially in terms of awards that are granted due to achievement in a certain academic field, such as David Attenborough's knighthood for his contribution to life science.

The largest of such grants was awarded to Rockland County Legal Aid for their Landlord Tenant Advocacy and Security Deposit Program, which received $ 36,000 in funding.

Cuomo awarded Buffalo $ 1 billion dollars in economic development grants in his State of the State, the only upstate city to receive such a large sum.

This, the sponsors argue, will shorten the time it takes for historically marginalized entrepreneurs to receive awards for small projects and grant more such owners access to contract dollars.

These projects offer few quantifiable career benefits, such as grants, awards, or promotions.

Within 5 years, quintupling the number of NIH individual research fellowship and career development awards, such as the NIH F and K grant mechanisms, awarded to young scientists to give them more autonomy in their training.

While this stereotype doesn't reflect how scientists live and work today, it still shapes expectations about what a successful career should look like, and that could impact career - relevant decisions such as the awarding of prestigious research grants.

Since the 1940s, when the U.S. government began to invest seriously in civilian research, the work has been done largely at the nation's universities and paid for through competitive, temporary grants awarded to individual professors by federal funding agencies such as the National Institutes of Health and the National Science Foundation.

Competitive grants are catching on at two agencies — the U.S. Department of Agriculture and the Environmental Protection Agency — that haven't been big investors in such awards in the past.

Because the competition for the K99 / R00 awards is so stiff, Anthony Carter, a program director in the Division of Genetics and Developmental Biology at NIGMS in Bethesda, Maryland, has been encouraging some prospective applicants who are eligible for other training grants, such as K08s, to go after those awards instead.

There shall be a Committee on Grants, appointed by the President, with the advice of the Council, consisting of eight members, two appointed annually for a period of four years, which shall award for scientific research such part of the income from the permanent and special funds of the Association as may be appropriated for that purpose by the Council.

One such research collaboration, with Temple Assistant Professor of Mathematics Benjamin Seibold as the principal investigator, has just been awarded a three - year, $ 1 million grant from the National Science Foundation's Division of Computer and Network Systems.

Allows the Director to award up to 200 of such grants, which shall be for a three - year period, with one authorized renewal for an additional two - year period.

This EXCLUDES smaller awards such as travel grants, equipment grants, postgraduate fellowships, postdoctoral fellowships, and awards of short duration (12 months or less).

It is our goal to provide information about opportunities such as conferences, workshops, seminars, grants / fellowships, travel awards and volunteer opportunities related to issues of diversity.

The grant, an Institutional Development Award (IDeA) Center of Biomedical Research Excellence, is designed to build research capacities in states such as Maine that historically have had low levels of funding from the National Institutes of Health.

Dr. Nowotny received prestigious research grants, such as the ERC Starting Grant, the Wellcome Trust International Senior Research Fellowship (twice) and the Howard Hughes International Early Career Scientist Award.

CEO and Co-Founder of the Avner Pancreatic Cancer Foundation, Caroline Kelly, said «Avner's Foundation is thrilled to award this grant to such a ground - breaking team.

Dr. Nowotny has received prestigious research grants, such as EMBO Installation Grant, the ERC Starting Grant, the Wellcome Trust International Senior Research Fellowship (twice) and the Howard Hughes International Early Career Scientist Award.

In addition, one of the organization's core values is identifying new talent and nurturing young filmmakers by awarding promising talent with «Directorial Debut» and «Breakthrough Actor» awards as well as grants to rising film students and by facilitating community outreach through the support of organizations such as The Ghetto Film School, Reel Works Teen Filmmaking, and Educational Video Center.

Established in 2005, the Alfred P. Sloan Commissioning Grant is an annual cash award for a science - or technology - related project that is at an early stage, such as a full treatment or early screenplay draft.

Our student grant program has helped young filmmakers finish their projects and exhibit them around the world at such film festivals as Sundance, Slamdance, Telluride, New Directors / New Films, and we are proud to say that several of these filmmakers have won Student Academy Awards.

Inspiring a generation In Autumn 2015, the DfE awarded St John Ambulance a portion of its Character Education Grant funding with the aim of developing 100,000 students» skills in areas such as integrity, confidence, resilience and inspiring them to make a difference in communities.

There were lawyers, college professors, people working on institution grants, and some who were in positions to award such grants.