Sentences with phrase «pay awards based»

Not exact matches

If Valeant hits $ 150 a share, Papa gets to keep 100 % of the allotted performance - based stock awards, making his total pay balloon to about $ 300 million, or a whopping $ 75 million per year.

For example, instead of basing the amount of paid time off you award, on a salaried or hourly status, consider companywide policies or offer paid leave based on tenure and job level.

They supplement base pay to provide competitive compensation, can act as a recognition tool to award employees for satisfactory work, and they help ensure that employees» interests are aligned with shareholders.

The Wells Fargo board awarded the bank's top five executives $ 43.7 million in discretionary bonuses this year, so — called «performance based» pay.

All of the cases accuse the powerful San Francisco start - up of extortion and fraudulent business practices, alleging the site's reviews are not unbiased — and, specifically, that it manipulates ratings and awards visibility based on whether or not companies pay to advertise.

FREMANTLE - based Prospero Productions has won the Golden Spire for Television (Current Events) award at the 2000 San Francisco Inter-national Film Festival for its one - hour documentary Paying for the Piper.

Fink was awarded $ 27.7 million in compensation last year, compared to $ 25.5 million in 2016, based on a calculation of his pay in line with U.S. Securities and...

Also, if a majority of the Board is comprised of persons other than (i) persons for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change for any reason other than death or permanent disability generally have their (i) options and stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted stock and RSRs lapse and generally shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter before the time the participant ceased to be an employee.

(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.

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.

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.

Except for those executives who have an employment agreement that expressly provides for payment of an Award under the Bonus Plan in limited circumstances, in the event a participant's employment is terminated for any reason prior to the date of payment of an Award under the Bonus Plan, such participant will not be entitled to any bonus under the Bonus Plan, provided that in the event that a participant's employment terminates during the performance period due to (i) death or (ii) disability, the Committee may, at its sole discretion, authorize the Company to pay, on a prorated basis, an Award determined in accordance with the terms and conditions of Bonus Plan.

As in 2010, the HRC awarded named executives a combination of compensation composed of a high percentage of performance - based pay, predominantly in long - term equity compensation.

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.

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.

Details — Moonves, 65, was paid the same base salary he received in 2013, $ 3.5 million, but his stock awards in 2014 were $ 12 million less, reflecting the drop in the company's share price.

The high proportion of performance - based awards reflects HP Co.'s pay - for - performance philosophy.

Mr Moore's total pay comprised components including a base salary of $ 818,746, equity awards including shares of $ 9.7 million and short - term employee benefits of $ 4.4 million.

For example, we learn that Uruguay were awarded the first World Cup behind the scenes, on the basis that they'd offered to pay for it; despite this, Rimet goes through with a sham vote.

Chemung Countye — For the two years ending Dec. 31, 2010, a unanimous panel awarded deputy sheriffs base pay increases of 5.8 to 6.8 percent, depending on step, along with a 10 percent hike in entry - level base pay.

According to him, his government awarded contracts to Mr. Craig Murray not on merit, but on basis of humanitarian grounds to enable him pay his debts, which he was having sleepless nights over.

Many postdocs at the Whitehead Institute were paid on an experience - based scale that was set according to the stipend awards granted by the National Institutes of Health (NIH) to postdocs through its National Research Service Aawards granted by the National Institutes of Health (NIH) to postdocs through its National Research Service AwardsAwards.

This material is based upon work supported by the National Science Foundation under Grant No. 0819994, via an ADVANCE Partnerships for Adaptation, Implementation, and Dissemination (PAID) Award.

Somebody wasn't paying quite enough attention, however, to Last Vegas, which seems like a lazy exercise to cash in on the growing base of «maturing» ticket buyers using a cast of venerable, award - winning actors plugged into a story template clearly lifted from another successful franchise.

Of course, based on the early buzz, it seems to have paid off, because even if the film doesn't dominate in the major award categories, it's sure to land a few technical awards for the stunning visuals and incredible animal effects.

The films nominated for the Independent Spirit Awards are selected based on the following criteria: original, provocative subject matter; uniqueness of vision; economy of means with particular attention paid to total budget and individual; and percent of independent financing.

If the current funding does not change, this will likely require school leaders and governing bodies to become more confident in both managing their workforce and in setting pay policies that enable performance based awards and targeted salaries to retain high quality staff.

On Top of the News City Ends Teacher Performance Bonuses New York Daily News 07/18/11 Behind the Headline Does Whole - School Performance Pay Improve Student Learning Education Next Spring 2011 New York City has officially ended a three - year, $ 56 million program that awarded bonuses to teachers based on schoolwide performance.

The new salary schedule includes several pay elements based on knowledge and skills, contingency pay, and an award based on school performance.

The second pay - for - performance element, school - based performance awards, gives salary bonuses to all teachers in a school when student achievement school - wide.

In a report to the Legislature on school facilities, the LAO recommends that instead of relying on voter - approved bonds to help pay for construction and upkeep, the state should create a grant program that awards funds based on student attendance and district need.

Act 10, passed in 2011, limited collective bargaining and allowed school districts to get rid of salary schedules included in union contracts that awarded pay increases based only on years spent teaching.

But ministers have decided that the upper end of the main pay band will increase by 2 % and schools can decide whether to award this based on performance.

It read: «We were therefore mindful of the importance of supporting retention at this stage and of giving schools meaningful scope for differentiated, performance - based awards for those on the maxima of the main pay range.

Those rated «highly effective» for two consecutive years were awarded with increases in their base pay of up to $ 27,000, with teachers willing to teach in high - poverty schools eligible for even larger increases.

(b) After the contractor has been paid 85 percent of the base fee and potential award fee, the Government may withhold further payment of the base fee and award fee until a reserve is set aside in an amount that the Government considers necessary to protect its interest.

The U.S. News & World Report rankings compare cars on the basis of safety, reliability and a consensus of industry experts» opinions, along with value — which is measured by a combination of a vehicle's five - year total cost of ownership and the average price paid for the vehicle at the time the awards are published.

MWAMWA's Official Decision: That because Harlequin's for pay publishing business violates MWA's rules for approved publishers, MWA takes the following action: First, Harlequin shall be removed from MWA's list of approved publishers upon the adoption of this motion; Second, that all current active status members of MWA whose status is based upon books published by Harlequin shall remain active status members; Third, that MWA decline applications for active membership based upon books published by Harlequin pursuant to contracts entered into after the effective date of this motion; Fourth, that books published by Harlequin pursuant to contracts entered into prior to the adoption of this motion shall be eligible for the Edgar ® Awards, except that books published by DellArte Press shall not be eligible for the Edgar ® Awards regardless of when such contract was entered into; and Fifth that books published by Harlequin pursuant to contracts entered into after the adoption of this motion shall not be eligible for the Edgar ® Awards.

We will similarly change the way we pay KDP Select All - Star bonuses which will be awarded to authors and titles based on total KU and KOLL pages read.

Iowa Student Loan provides this interactive resource to help you make more informed decisions about higher education by estimating your total out - of - pocket expense for a college degree from this point forward, and the amount you and your family may need to borrow to pay for it, based on information provided in your college's award packet.

Instead of a flat amount paid once you spend a certain amount of money, the bonus is based on your spending and is awarded at the end of your first year: Discover will match ALL the cash back earned at the end of your first year, automatically.

Scholarship winners will be awarded a $ 1,500.00 scholarship to be paid, on each winner's behalf, to the eligible college or university, upon verification of the winner's enrollment on at least a half time basis as defined by that college or university.

Federal Subsidized Stafford Loans Fixed interest rate of 3.86 % APR Awarded on the basis of student need, the government pays the interest that accrues on these loans while you are in school and during periods of deferment.Available to Undergraduate studentsFederal Unsubsidized Stafford Loans Fixed interest rate of 3.86 % APR for undergraduate students and 5.41 % for graduate or professional -LSB-...]

Awarded on the basis of student need, the government pays the interest that accrues on these loans while you are in school and during periods of deferment.

A subsidized loan is awarded on the basis of financial need, and the government pays the interest before repayment begins or during authorized periods of deferment.

At some point we'd like to create a system that could calculate a precise value based on award availability, fees, award levels and ease of accrual, but for now these valuations are based on a combination of how much TPG would pay to buy points if given the opportunity, and the overall value I could get from redeeming them.

These financial aid awards are generally awarded based on financial need and do not have to be paid back.

While JetBlue awards points strictly based on how much you paid for your flights, there's some variability on how much points are worth when you go to redeem them.