Sentences with phrase «term cash awards»

Additionally, long - term awards are split between performance shares and long - term cash awards.

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.

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 Bonus Awards.

The primary elements of each named executive officer's total compensation shown in the table are base salary, an annual cash incentive, and long - term equity awards consisting of time - based and performance - based RSUs.

Subject to the terms and conditions set forth in the Plan, incentive awards may be settled in cash or shares of Class C capital stock and may be subject to performance - based and / or service - based conditions.

For each proxy statement position, this compensation data was ranked from highest to lowest by the combined total amount of annual cash plus the annualized value of long - term incentive awards.

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.

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.

This compensation data was ranked within the Labor Market Peer Group by the aggregate amount of annual salary, annual target and actual incentive awards, plus the annualized grant date value of long - term cash and equity compensation.

Notwithstanding the authority of the committee under the Plan, except in connection with any corporate transaction involving Walmart, the terms of outstanding plan awards may not be amended to reduce the exercise price of outstanding stock options or stock appreciation rights or cancel outstanding stock options or stock appreciation rights in exchange for cash, other plan awards or stock options or stock appreciation rights with an exercise price that is less than the exercise price of the original stock options or stock appreciation rights without the prior approval of Walmart stockholders.

(5) Except in connection with a corporate transaction involving the Company (including, without limitation, any stock dividend, stock split, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split - up, spin - off, combination, or exchange of shares), the terms of outstanding awards may not be amended to reduce the exercise price of outstanding Options or stock appreciation rights or cancel outstanding Options or stock appreciation rights in exchange for cash, other awards or Options or stock appreciation rights with an exercise price that is less than the exercise price of the original Options or stock appreciation rights without stockholder approval.

We intend to adopt a 2015 Incentive Award Plan in order to facilitate the grant of cash and equity incentives to directors, employees (including our named executive officers) and consultants of our Company and certain of its affiliates and to enable our Company and certain of its affiliates to obtain and retain services of these individuals, which is essential to our long - term success.

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.

For each position, this compensation data was ranked within the Labor Market Peer Group by the aggregate amount of annual salary, annual target and actual incentive awards, plus the annualized grant date value of long - term cash and equity compensation.

40 % of executive compensation at KLAC comes from short - term cash bonuses tied to operating margin, and 25 % comes from long - term share awards tied to free - cash flow margin.

While the Compensation Committee considers short - term performance - based cash bonuses to be a less significant compensation tool than equity awards in terms of driving long - term stockholder value, the Committee believes they play an important role in

In accordance with the terms of the Executive Bonus Plan, each year the Compensation Committee assigns each participant a target award cash bonus opportunity and establishes the financial performance measure or measures and related target levels that must be achieved before an award actually will be paid to the participant for that year.

Sabbagh, a senior research scientist at Columbia University and an adjunct professor of applied physics at Columbia, was the first long - term collaborator at PPPL to receive the Kaul Prize, which includes a $ 6,000 cash award.

Short term liquidity until asset is liquidated: Properties that have been inherited or awarded in other legal settlements may require repairs or deferred maintenance, and this requires cash on hand.

Award of Miles is made for purchases charged to your account (less refunds and excluding cash advances, cash - like transactions, interest charges, fees, credit or debit adjustments) and is subject to the AIR MILES Terms and Conditions and the BMO Mastercard Cardholder Agreement.

You probably can't book a business or first class award ticket, since those are significantly more expensive in cash terms than when using miles.

For information about rates, fees, the annual fee, other costs, the reward program rules (including cash back accrual rate, cash back awards, etc. points accrual rate, points awards, etc.) and benefits associated with the use of the credit card program, please see the Terms and Conditions.

For information about rates, fees, the annual fee, other costs, the reward program rules (cash back accrual rate, cash back awards, etc., points accrual rate, points awards, etc.) and benefits associated with the use of the credit card program, please see the Terms and Conditions.

Calculate the redemption value in terms of cents per mile by dividing the cash price of the ticket by the number of miles required for an award.

While this is one definite advantage of using cash over using actual airline miles, since real miles are subject to airlines» always fluctuating award seats availability, the other side of the coin is «real» miles can potentially be worth far more in terms of what they can get you.

Based on the terms, it doesn't seem like Points + Cash awards qualify for the bonus.

With or without a cash award, adjusting thermostats, switching bulbs, doing cold - water laundry, and other efforts of that sort have shown to help cut long - term energy costs, and emissions.

Research Short - Term Branch Expansion Training Certificate in Treasury Management Award Best in Feasibility Studies, 2005 Professional Membership Association of Bank Consultants Skills Cash handling Great customer banking services Excellent knowledge in general financial services Knowledgeable in depository accounts