Merit Award definition

Merit Award means an award of Common Stock issued pursuant to Section 9 of the Plan.
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Merit Award means an Award of Common Stock issued pursuant to Section 9 hereof.
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Merit Award means an award to a state employee for an adopted suggestion in the form of either the Governor’s certificate of commendation or a cash payment.
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Examples of Merit Award in a sentence

  • As a condition to any such Merit Award, the Committee may require an Employee to pay to the Company an amount equal to, or in excess of, the par value of the shares of Common Stock awarded to him or her.

  • Any Participant may receive a Merit Award under this Plan for such reasons and in such amounts as the P&C Committee may from time to time determine.

  • Any Participant may receive a Merit Award of Common Stock under this Plan for such reasons and in such amounts as the P&C Committee may from time to time determine.

  • As a condition to any such Merit Award, the P&C Committee may require a Participant to pay to the Company a non-refundable amount equal to, or in excess of, the par value of the shares of Common Stock awarded to him or her.

  • The term "Merit Award" shall mean any Merit Award granted under the Plan.

  • The Committee may from time to time make an Award (which may be a Restricted Stock Award, Merit Award or Other Stock Based Award), the receipt of which, or the vesting of which, depends upon the attainment of certain Performance Goals within a stated Performance Period.

  • The consideration to be paid by an Employee for any such Merit Award, if any, shall be fixed by the Committee from time to time, but, if required by the General Corporation Law of the State of Delaware, it shall not be less than the aggregate par value of the shares of Stock awarded to him or her.

  • Any Participant may receive a Merit Award of Common Stock under this Plan for such reasons and in such amounts as the P&C Committee may from time to time determine A Merit Award of Common Stock for any calendar year may not be distributed later than seventy-five days after the end of such calendar year.

  • The consideration to be paid by an Employee for any such Merit Award, if any, shall be fixed by the Committee from time to time.

  • AT&T and Supplier will jointly develop requirements for an annual Supplier Merit Award by December 1st of each year for the following year.


More Definitions of Merit Award

Merit Award means any Merit Award granted under the Plan.
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Merit Award means an award to a state employee for an
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Merit Award. – means a non-recurring payment granted to an employee of the Company from the funds of the Company as a remuneration for special work of an occasional or intermittent nature.
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Related to Merit Award

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Cash Award means an award denominated in cash.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Stock Bonus Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;