Sentences with phrase «provide incentive awards»
Our Bonus Plan allows our compensation committee to provide incentive awards (payable in cash or grants of equity awards) to selected employees, including our named executive officers, based upon performance goals established by our compensation committee.
https://www.sec.gov/ Not exact matches
Except as expressly provided in the Plan, no issuance by Google of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of shares or amount of other property subject to, or the terms related to, any Incentive Award.
Except as expressly provided in the Plan, no issuance by Alphabet of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of shares or amount of other property subject to, or the terms related to, any Incentive Award.
The Plan seeks to achieve this purpose by providing for discretionary long - term incentive Awards in the form of Options (which may be Incentive Stock Options or Nonstatutory Stock Options), Stock Appreciation Rights, Stock Grants, Restricted Stock Units and Cash Bonuincentive Awards in the form of Options (which may be Incentive Stock Options or Nonstatutory Stock Options), Stock Appreciation Rights, Stock Grants, Restricted Stock Units and Cash BonuIncentive Stock Options or Nonstatutory Stock Options), Stock Appreciation Rights, Stock Grants, Restricted Stock Units and Cash Bonus Awards.
We generally do not enter into severance arrangements with our named executive officers, and none of the equity awards granted to the named executive officers under Apple's equity incentive plans provide for acceleration in connection with a change in control or a termination of employment, other than as noted below or in connection with death or disability.
These incentives are provided through the granting of stock options, stock appreciation rights, restricted stock awards, restricted stock units, performance bonus awards, performance shares and performance units.
Other than periodic incentive plans that were historically provided to Mr. McNeill based on the achievement of specific customer - related metrics, including as set forth under the «Non-Equity Incentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonuincentive plans that were historically provided to Mr. McNeill based on the achievement of specific customer - related metrics, including as set forth under the «Non-Equity Incentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonuIncentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonus awards.
In addition, the vesting features of our equity awards contributes to executive retention because this feature provides an incentive to our named executive officers to remain in our employ during the scheduled vesting period or until the achievement of the applicable performance milestones, which are expected to be achieved over the medium - to long - term.
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 following table provides information on awards granted under the PfR Plan for fiscal 2010 and awards of PRUs and awards of restricted stock units («RSUs») granted as part of fiscal 2010 long - term incentive 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 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.
(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.
Except as expressly provided in the Plan, no issuance by J. Crew Group, Inc. of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of shares or amount of other property subject to, or the terms related to, any Incentive Award.
The agreement provides for a cash incentive award of $ 350,000 payable in two equal annual installments of $ 175,000 on August 28, 2009 and August 27, 2010.
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;
Even in cases where companies do not choose to provide or are barred by FINRA rules from providing noncash compensation awards directly to agents, the report says, «they frequently provide cash or noncash incentives to the third - party marketing organizations that then pass these awards on to the agents.»
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
Our Stock Plans provide for the issuance of incentive and nonstatutory stock options, RSUs, restricted stock awards, and stock appreciation rights to qualified employees and non-employees.
In addition, the HRC recently expanded the use of Performance Share awards to a broader group of management, and reaffirmed the Company's directive to provide a portion of annual incentive compensation in long - term awards for the Company's highest earners and to create standard performance objectives for the Company's control function staff, to further provide safeguards that either prevent or discourage excessive risk - taking.
The HRC also believes that the risks to management of forfeiting all or a significant portion of the Performance Share awards is an effective performance incentive and the ability for management to earn additional Performance Shares for superior Company performance during the performance period provides a significant retention and motivation incentive to the named executives.
We believe that such equity awards provide an effective performance incentive because executive officers obtain increasing value from their options and RSUs if our stock price increases (which would benefit all stockholders) and they remain employed with us beyond the date that their options or RSUs vest.
The following table provides information on awards granted under the PfR Plan for fiscal 2011 and awards of stock options, performance - contingent stock options («PCSOs»), restricted stock awards, PRUs, RSUs, SIPRUs and SRRSUs granted as part of fiscal 2011 long - term incentive compensation:
That being said, what I love about RA's Cupping for Quality awards is that they provide extra incentive for producers to move toward sustainable practices.
Add to this a scoring system that awards stars for completing certain objectives, such as disabling an alarm or finding an epic piece of loot, and SteamWorld Heist provides plenty of incentive to go back and replay levels for maximum reward.
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.
Multiple rounds between different groups of learners can be run and the contest winners be awarded attractive prizes, which provide an additional incentive for continual learning and a thirst for increased competency.
In 1994, a second tier of awards was added to provide incentives to those lower ranked, but improving, schools.
That means incentives should be awarded only if they are informational, meaning the student has really learned something, and if the reward is not perceived as controlling but provides the student some choice, such as deciding to read a book when not specifically asked to do so.
Often bypassing Congress, Duncan used the money to work directly with states, persuading them to adopt favored policies by providing incentives through Race to the Top, a $ 4.35 billion competitive grant program in which states were awarded points for adopting ideas such as performance - based teacher and principal evaluations, higher academic standards, and raising charter school caps.
The initiative, Teacher Incentive Performance Award, is a school - wide bonus program that provides focused professional and leadership development to teachers and principals in 30 high need schools.
«The VIP awards program provides an incentive for schools and school divisions to set ambitious goals for raising student achievement and meeting the needs of diverse learners,» said Board of Education President Eleanor B. Saslaw.
Each OA manages its award funds to reward employees, teams, and units based on results, and provide incentives to employees to achieve high levels of performance.
Since then, SCASDP awards have helped more than 300 communities develop projects tailored to their own air service needs, such as providing financial incentives to carriers, conducting studies on the possibilities of expanded service, and carrying out marketing programs to promote existing local service.
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.
Considering his annual salary is $ 625k, this award should provide a significant financial incentive for Mr. Stilley (and the rest of the management team) to drive increased shareholder value going forward.
The intent of the Health Committee with these awards is to provide an incentive for those breeders whose dogs produce a greater number of offspring to encourage the owners of those offspring to rise to the level of full health testing on those offspring.
The intent of the Health Committee with these awards is to provide an incentive for all breeders to mentor their owners in the health testing arena and to encourage full health testing of the dogs they produce.
Unless there's cash involved in a transaction, arranging award travel provides no financial incentive for an agent.
Eco-Entrepreneurship Fellow program (EEF): Provides recruitment incentive awards to Master of Environmental Science and Management (MESM) students who are promising eco-entrepreneurs.
(I) support for a free or low - cost detailed building energy audit that prescribes, as part of a energy - reducing measures sufficient to achieve at least a 20 percent reduction in energy use, by providing an incentive equal to the documented cost of such audit, but not more than $ 500, in addition to any award earned by achieving a 20 percent or greater efficiency improvement;
IEA BEEP database is honoured with Energy Efficiency Innovator Award Sustainable Building Centre tool provides analysis of building energy codes, labelling schemes and incentive programmes for 34 countries 8 November 2012
«If the commission is serious about providing meaningful incentives to individuals, particularly in senior positions, to be reporting serious misconduct, then they're going to have to find another source of funding and increase the maximum award.»
Individual Producer and CSR Incentive Awards We may provide individual Producers and customer service representatives employed by an agency with incentives for placing business with us or taking other actions.
A strong candidate must have: * 1 + years of recruitment experience * Bachelor degree is a plus * Affinity with sales and recruitment * Passion and drive to be our next Top Biller Recruitment Consultant - Key Traits * Passion, drive and work ethic to be highly successful * Willing to go the extra mile * Thick skinned, resilient and tenacious * Positive mental attitude * Ambitious and career minded * Excellent communication skills with great rapport and lots of charisma Recruitment Consultant - Benefits * 5 * Holiday Incentives (South Africa, Thailand, Northern Lights + More) * Award recognised Training & Development * Exceptional earning potential - uncapped / no threshold commission * Lunch Clubs at Michelin Star restaurants * Company pension scheme * More flexible working hours * Global mobility (visit / move to our international offices) * Regular social events Recruitment Consultant - Training Gravitas provide an amazing training scheme at all levels ensuring continual improvement and development.
Provided incentive to increase productivity by offering employees awards for best customer service.
* Identify sources for candidate attraction such as job boards, job events, database utilisation, talent pooling, social media, headhunting and networking * Visit schools to build relationships, understand requirements and provide SME expertise throughout the recruitment process As well as a market leading basic salary and uncapped commission Benefits include * 30 days Holiday (exc bank Hols) + additional day for your birthday * Free breakfast daily including fresh fruit * Reduced working hours during school holidays * Team and individual incentives and competitions * Yearly National Conference with Awards and prizes With offices nationwide, CER are one the most successful education recruitment businesses in the UK with teams specialising in all the different disciplines in education, Primary, Secondary, SEN and Further Education.
The system validates early care and education programs for ongoing efforts to achieve higher standards of quality and provides incentives and awards for success.
The Infant / Toddler and Preschool Professional Development Incentive Awards (PDIA) encourage early childhood professionals to increase their knowledge of early childhood development and caregiving by providing a monetary incentive to individuals who successfully complete the 60 - hour Montana Infant Toddler Caregiver Course and / or the 60 - hour Certified Preschool Teacher Course and are currently working in a licensed facility a minimum of 15 hours per week with infants / toddlers or preschool aged Incentive Awards (PDIA) encourage early childhood professionals to increase their knowledge of early childhood development and caregiving by providing a monetary incentive to individuals who successfully complete the 60 - hour Montana Infant Toddler Caregiver Course and / or the 60 - hour Certified Preschool Teacher Course and are currently working in a licensed facility a minimum of 15 hours per week with infants / toddlers or preschool aged incentive to individuals who successfully complete the 60 - hour Montana Infant Toddler Caregiver Course and / or the 60 - hour Certified Preschool Teacher Course and are currently working in a licensed facility a minimum of 15 hours per week with infants / toddlers or preschool aged children.