Not exact matches
After one year of employment, ownership is
awarded through the Employee
Stock Ownership Program and employee - owners start sharing in company profits.
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.
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.
If an
award of
stock options or
stock appreciation rights expires or becomes unexercisable without having been exercised in full or is surrendered pursuant to an exchange program or shares issued
through awards of restricted
stock, restricted
stock units, performance units, performance shares, or
stock - settled performance
awards are forfeited to us or
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.
In haste, they then hand out generous
stock awards before really working
through exactly how advisory board members will help startups achieve key first year operating priorities.
The PEARL
Awards Nigeria, endorsed by the Securities and Exchange Commission is one of Nigeria's foremost
award recognition bodies, focused on rewarding corporate excellence in local institutions and promoting healthy competitiveness amongst quoted companies
through growth, diversification and innovation; ultimately leading to improved performance on the Nigerian
Stock Exchange.
Make learning fun and engaging
through programs such as the Governor's Challenge in Economics and Personal Finance, Mini Economy,
Awards and Scholarships, and the
Stock Market Game ™.
They have been
awarded the Young Masters Art Prize in London, IAAB Residency in Basel Switzerland, a studio
through Smack Mellon Studio Program, The Bemis Artist Residency, Artist Projects Material Fund from Rhode Island School of Design, Vierter
Stock Projektraum in Berlin DE, the Oxbow Fellowship, and a DUMBO Improvement Grant.
KEY ACCOMPLISHMENTS • Reduced ER initial diagnosis and evaluation time by 3 minutes on the average per patient
through execution of team based initial evaluation protocol • Ensured 24 hours availability of all medical supplies in the ER department by implementation of a comprehensive
stock inventory • Earned the best ER Nurse
Award thrice in a row