Sentences with phrase «increase compensation awards»

Not exact matches

Realized compensation is not a substitute for reported compensation in evaluating our compensation structure, but we believe that realized compensation is an important factor in understanding that the value of compensation that Mr. Musk ultimately realizes is dependent on a number of additional factors, including: (i) the vesting of certain of his option awards only upon the successful achievement of a number of market capitalization increase and operational milestone targets, including milestones that have not

One alternative to using equity awards would be to significantly increase cash compensation.

(l) Except as otherwise set forth in Schedule 2.7 (l) of the Disclosure Schedule, (i) the Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result of any of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time of payment or vesting, or increase the amount, of any benefit or other compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the Company to record additional compensation expense on its income statements with respect to any outstanding Stock Option or other equity - based award.

In August 2012, to create incentives for continued long - term success from the then - recently launched Model S program as well as from Tesla's then - planned Model X and Model 3 programs, and to further align executive compensation with increases in stockholder value, the Board granted to Mr. Musk a stock option award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of gaward to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of gAward»), representing 5 % of Tesla's total issued and outstanding shares at the time of grant.

After reviewing the revised peer group director compensation data in June 2009, the committee 1) set pay for the new non-executive Chairman of the Board, 2) increased the value of the annual equity award from $ 145,000 to $ 175,000, since the previous level of compensation was deemed below the market median, and 3) changed the equity grant vehicle from 100 % restricted stock units (RSUs) to 50 % RSUs and 50 % outperformance stock units (OSUs) in order to more closely align with the equity package that Intel executives receive.

Any significant increase in cash compensation in lieu of equity awards would reduce the cash otherwise available for operations and investment in our business.

Our objective is to offer a competitive compensation package, and recognize achievements with salary increases, stock awards, promotions, and bonus opportunities.

They make recommendations to the Committee regarding executive merit increases, short - term and long - term incentive awards and compensation packages for executives being hired or promoted.

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.

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.

Glass Lewis» compensation team has engaged with more than 300 North American companies since last proxy season, with the goal of increasing our understanding of the challenges that companies face when designing incentive awards.

AbTech ultimately increased Mr. Skelos's compensation, subject to the Nassau County contract being awarded to AbTech.

In 2013, when Nassau County was considering awarding AbTech a contract that the senator was supporting behind the scenes, Adam Skelos told a cooperating witness that his father believed his compensation should be increased, and that if it was not, they would seek to block the contract.

Nonetheless, future option awards bear monitoring, and it would be encouraging to see senior management step up & increase the value of their direct / indirect shareholdings (in relation to their annual compensation).]

Under the Employment Rights (Increase of Limits) Order 2018, which comes into force on 6 April 2018, the maximum award for unfair dismissal rises to # 83,682, from # 80,541, and the minimum amount of basic compensation for unfair dismissal rises to # 6,203, from # 5,970.

It conducted a piece of research and found that in the past two years alone, the number of compensation awards made for burn or scald injuries had increased by a third.

The number of compensation awards being made for burn, scar or scald injuries in Scotland is continuing to increase.

In addition, statistics show that the average increase in financial compensation awarded in cases where the victim has hired a lawyer more than covers the fee that lawyer will charge.

However, where the proposal calls for greater discretion expect that to be code for not increasing awards as happened for many years to capped compensation for unfair dismissal.

These awards serve to punish the wrongdoer, while providing the victim with increased compensation.

Several recent trial decisions have awarded higher than usual non-pecuniary awards for sexual abuse, marking a possible trend toward increased compensation in this area.

Caps on awards for pain and suffering establish arbitrary compensation which act as a one size fits all and show to increase claim costs and the amount of administration involved in personal injury cases.

Hiring an attorney can give you peace of mind and time to heal, as well as increase the chances of maximizing the compensation you are awarded.

That experience increases the likelihood that he or she knows exactly what needs to be done to present the best evidence possible to prove your claim and to ensure you are awarded the maximum dollar value as compensation for your injuries.

Hiring an attorney will increase the chances of maximizing the compensation you are awarded and give you time to focus on your own health and recovery.

Hiring a personal injury attorney to handle your legal claim will allow you to focus on yourself and will also increase the chances of maximizing the compensation you are awarded.

In a drunk driving case, victims can pursue punitive damages — a money award intended to punish the wrongdoer that can significantly increase the total compensation to the victim.

Tribunal compensation limits and minimum awards will increase on 6 April 2018.

In addition, because workers» compensation benefits depend largely on the worker's salary, schedule loss awards have not increased for workers who earn less than $ 600 per week since 1992, nearly a quarter - century ago.

Reduced in - accuracy by 15 percent for one physician and 50 percent for another, earning awards and increased compensation for both practices.