Share Award definition

Share Award means an Award of Shares granted pursuant to Section 10.
Share Award means an award of Ordinary Shares under Section 6 of this Plan. A Share Award may be a Restricted Share Award or an award of unrestricted Ordinary Shares.

Examples of Share Award in a sentence

  • Any Shares issuable to you under your Performance Share Award will be issued within 60 days after the Committee’s determination of Relative TSR; provided however, that the Company’s obligation to issue such shares is subject to Section 5 of this Agreement.

  • The number of Shares issuable under your Performance Share Award (the “Performance Share Number”) will be equal to a percentage of the target number of Shares stated in your Award Notification (the “TSR Target”), as determined below.

  • Your Performance Share Award is determined by multiplying the Performance Share Number calculated as if you were employed by a member of the Company Group on the last day of the Performance Period multiplied by a fraction, the numerator of which is the number of days during the Performance Period you were employed, and the denominator of which is the number of days in the Performance Period.

  • If Relative TSR is less than Threshold TSR, your Performance Share Number will be 0 and there will be no Shares issued under your Performance Share Award.

  • This section applies to you if your Award includes a Performance Share Award.


More Definitions of Share Award

Share Award means an Award of Shares granted pursuant to Section 11.
Share Award means an award or issuance of Shares or stock appreciation rights other similar awards made under Section 7 of the Plan, the grant, issuance, retention, vesting, settlement and/or transferability of which is subject during specified periods of time to such conditions (including continued employment or performance conditions) and terms as are expressed in the agreement or other documents evidencing the Award (the “Share Award Agreement”).
Share Award means any Elective Share Award or Fee Share Award.
Share Award means an Award of unrestricted shares of Common Stock pursuant to Section 7.8 of the Plan.