Award Term definition

Award Term means the maximum period during which a Participant may exercise, purchase, or otherwise benefit from an Award granted under this Plan.
Award Term means the maximum period of time during which an Award may be earned, exercised or purchased as set forth in Section 6.7 below.
Award Term means the period from January 1, 2008 through December 31, 2008.

Examples of Award Term in a sentence

  • The Company hereby grants to the individual named in the Notice of Grant (the “Participant”) the right to be awarded Restricted Stock Units in respect of each Fiscal Year during the Award Term, subject to all of the terms and conditions in this Agreement and the Plan.

  • At the end of each Fiscal Year of the Award Term, the Participant’s RSU Account shall be credited with that number of Accrued RSUs equal to the Target Number for such Fiscal Year multiplied by the Accrual Factor for such Fiscal Year.


More Definitions of Award Term

Award Term means the period from January 1, 2007 through December 31, 2007.
Award Term means the period from January 1, 2005 through December 31, 2005.
Award Term means the period from January 1, 2006 through December 31, 2006.
Award Term means the period established by the Compensation Committee for awards granted under the Performance Share Plan.
Award Term means the period of one or more years on which an Award is based, as established by the Committee and specified in the Guidelines. Any Award Term(s) applicable to a Qualified Performance-Based Award shall be established by the Committee not later than 90 days after the commencement of the Award Term on which such Qualified Performance-Based Award will be based and prior to the completion of 25% of such Award Term.
Award Term means the period designated in an Award Agreement as the “Award Term.”
Award Term means the period of one or more years on which an Award is based.