Sentences with phrase «incentive pay awards»

The letter the AFL - CIO sent to Goldman Sachs on November 20 notes that accelerated vesting of incentive pay awards goes completely against the goal of employee retention.

Not exact matches

These limits forbade cash bonuses and set a cap on the only form of incentive pay that banks could award, which was restricted stock worth 50 % of an employee's salary.

Chairman Richard Meddings said Pester had agreed not to take the portion of his bonus related to a successful migration of customers to the computer system, but declined to say if the CEO would be awarded any other incentive pay this year.

An incentive compensation award paid in stock, restricted share rights, or restricted stock pursuant to this Policy shall be governed by the provisions (other than provisions with respect to the computation of such award) of the Company's Long - Term Incentive Compensatincentive compensation award paid in stock, restricted share rights, or restricted stock pursuant to this Policy shall be governed by the provisions (other than provisions with respect to the computation of such award) of the Company's Long - Term Incentive CompensatIncentive Compensation Plan.

Deferral of an incentive compensation award paid in cash under this Policy shall be made pursuant to the provisions of the Company's Deferred Compensation Plan.

As discussed in the CD&A under «Compensation Components» and «Achieving Compensation Objectives — Pay for Performance,» we have provided incentive compensation in the form of an annual cash incentive award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockholder value.

The Committee may grant dividend equivalents to any Participant based on the dividends declared on shares of Common Stock that are subject to any Incentive Award during the period between the date the Incentive Award is granted and the date the Incentive Award is exercised, vests, pays out, or expires.

This performance was reflected in our NEOs» cash incentive awards, which, consistent with our pay - for - performance philosophy, paid out at higher levels for fiscal 2013 than for fiscal 2012:

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 Incentincentive 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 Incentincentive 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 IncentiveIncentive Plan.

These additional metrics are intended to frame performance expectations for the year for the Named Executive Officers but not to assure or preclude payment of an incentive award or to be used in any fixed or specific mathematical formula related to the amount of the incentive award to be paid.

These EBITDA performance targets are the key measures used to determine whether an incentive award will be paid for the fiscal year and, to the extent achieved, determine the range of the incentive award opportunity for the Named Executive Officers.

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;

For a sense of the strength of the incentive provided by the bonuses, the full $ 3,000 award represents a 7 percent increase in the salary of teachers at the bottom of the pay scale and a 3 percent increase for the most experienced teachers.

SHARP provides awards that include repaying qualifying education loans as well as paying direct incentives to attract primary care physicians to medically underserved Alaska communities.

At Amoria Bond our trainee recruitment consultants receive * An award winning training and development programme; your own recruitment Performance Coach and personal development plan * A great basic salary with excellent earning potential - our recruiters are amongst the highest paid recruitment consultants in Manchester * Recognition and rewards for trainee recruitment consultants including ipads and cash incentives * High achiever dinners every month at places like Gaucho, San Carlo and Australasia * High achiever recruitment conferences to destinations such as Dubai, Las Vegas and Marrakech * A structured 10 step progression plan from trainee recruitment consultant to director * An impressive company car scheme; including BMW, Jaguar, Range Rover, Audi and Mercedes for our recruitment consultants * Duvet days and you can finish at 1:30 pm on Fridays!

Recorded all personnel actions, pay adjustments, incentive awards and accomplished training.

This Includes: * Basic of # 24,000 (raising over year one) with a genuine OTE of between # 40,000 to # 60,000 for successful first year consultants with this increasing significantly in year two * An industry leading, uncapped commission structure allowing take home of up to 30 % of all billings * Bespoke suits purchased for Junior Consultants once they bill over # 22,000 in 3 months - which to date, all consultants in the business have achieved * Quarterly Directors Lunch Club for top performing consultants across all levels of the business * Incentives like the Top Biller of the Quarter being awarded a fully paid dinner for two in a restaurant of their choice * Top Biller across the entire year gaining an All - inclusive Holiday of the consultants choosing * Quarterly Company Holiday Targets including skiing in the winter and Monaco / Vegas etc. in the summer Due to the calibre of consultants they currently have in the business, they are only looking for the most impressive candidates to help their growth push.