Other Cash-Based Award definition: Copy, customize, and use instantly
Introduction
The term "Other Cash-Based Award" refers to a cash-based incentive or compensation granted to a participant under a plan, separate from traditional stock-based awards. It is essential for defining performance-based or discretionary cash incentives within an organization.
Below are various examples of how "Other Cash-Based Award" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Other Cash-Based Award" as a retention bonus
This definition applies "Other Cash-Based Award" to retention incentives.
"Other Cash-Based Award" refers to a cash bonus granted to an employee as an incentive to remain with the company for a specified period.
Definition of "Other Cash-Based Award" as a non-equity award
This definition ties "Other Cash-Based Award" to compensation that excludes stock.
"Other Cash-Based Award" means a cash incentive granted to a participant that is not linked to company equity, stock, or shares.
Definition of "Other Cash-Based Award" as a sign-on bonus
This definition connects "Other Cash-Based Award" to new-hire incentives.
"Other Cash-Based Award" refers to a lump sum cash payment granted to a newly hired employee as part of their onboarding compensation package.
Definition of "Other Cash-Based Award" as an executive incentive
This definition links "Other Cash-Based Award" to executive compensation.
"Other Cash-Based Award" means a cash-based incentive provided to executives based on individual performance, business results, or strategic contributions.
Definition of "Other Cash-Based Award" as an annual cash bonus
This definition applies "Other Cash-Based Award" to yearly performance-based cash incentives.
"Other Cash-Based Award" refers to a cash bonus awarded annually based on the company’s financial performance and individual employee contributions.
Definition of "Other Cash-Based Award" as a project completion bonus
This definition ties "Other Cash-Based Award" to project-based incentives.
"Other Cash-Based Award" means a cash payment granted to an employee or contractor upon the successful completion of a specific project.
Definition of "Other Cash-Based Award" as a cost-of-living adjustment
This definition connects "Other Cash-Based Award" to inflation-related compensation.
"Other Cash-Based Award" refers to a cash payment made to adjust salaries or wages in response to cost-of-living increases.
Definition of "Other Cash-Based Award" as an incentive for meeting operational goals
This definition links "Other Cash-Based Award" to operational achievements.
"Other Cash-Based Award" means a monetary reward given to employees for meeting predefined operational goals, such as efficiency improvements or customer satisfaction targets.
Definition of "Other Cash-Based Award" as a milestone-based payment
This definition applies "Other Cash-Based Award" to milestone achievements.
"Other Cash-Based Award" refers to a cash bonus paid upon reaching key project, sales, or performance milestones.
Definition of "Other Cash-Based Award" as an industry-specific cash grant
This definition ties "Other Cash-Based Award" to field-related incentives.
"Other Cash-Based Award" means a cash incentive granted under an industry-specific program designed to reward excellence or innovation.
Definition of "Other Cash-Based Award" as a contractual payment
This definition connects "Other Cash-Based Award" to predefined employment terms.
"Other Cash-Based Award" refers to a cash sum provided to an employee under contractual terms, including severance, deferred compensation, or negotiated agreements.
Definition of "Other Cash-Based Award" as a spot bonus
This definition links "Other Cash-Based Award" to immediate recognition incentives.
"Other Cash-Based Award" means an impromptu cash reward granted for exceptional contributions, going beyond expected job duties.
Definition of "Other Cash-Based Award" as a compliance bonus
This definition applies "Other Cash-Based Award" to regulatory adherence rewards.
"Other Cash-Based Award" refers to a cash payment made to employees for ensuring compliance with regulatory requirements or internal policies.
Definition of "Other Cash-Based Award" as an employee referral reward
This definition ties "Other Cash-Based Award" to talent acquisition incentives.
"Other Cash-Based Award" means a cash incentive granted to an employee for referring a successful job candidate to the company.
Definition of "Other Cash-Based Award" as a leadership award
This definition connects "Other Cash-Based Award" to managerial excellence.
"Other Cash-Based Award" refers to a monetary award granted to employees demonstrating outstanding leadership within an organization.
Definition of "Other Cash-Based Award" as a sales commission bonus
This definition links "Other Cash-Based Award" to commission-based incentives.
"Other Cash-Based Award" means a cash payment given in addition to commissions, rewarding exceptional sales performance.
Definition of "Other Cash-Based Award" as an innovation reward
This definition applies "Other Cash-Based Award" to creativity and problem-solving incentives.
"Other Cash-Based Award" refers to a cash grant given to employees who develop innovative solutions that significantly benefit the company.
Definition of "Other Cash-Based Award" as an extraordinary performance award
This definition ties "Other Cash-Based Award" to exceeding expectations.
"Other Cash-Based Award" means a cash payment awarded to employees who significantly surpass their performance goals.
Definition of "Other Cash-Based Award" as a crisis-response incentive
This definition connects "Other Cash-Based Award" to critical event-based compensation.
"Other Cash-Based Award" refers to a special cash bonus paid to employees who contribute significantly during emergencies or crises.
Definition of "Other Cash-Based Award" as a merit increase
This definition links "Other Cash-Based Award" to performance-driven raises.
"Other Cash-Based Award" means a periodic cash increase based on an employee’s merit, as determined by company performance evaluations.
Definition of "Other Cash-Based Award" as a hazard pay bonus
This definition applies "Other Cash-Based Award" to risk-based compensation.
"Other Cash-Based Award" refers to additional cash compensation for employees working under hazardous conditions.
Definition of "Other cash-based award" as discretionary cash compensation
This definition ties "Other cash-based award" to discretionary cash payments made by the employer.
"Other cash-based award" means any cash incentive compensation or similar award granted at the discretion of the employer, separate from salary and bonuses, based on individual or company performance.
Definition of "Other cash-based award" as contractual cash incentive
This definition connects "Other cash-based award" to a structured contractual obligation.
"Other cash-based award" refers to a cash payment granted pursuant to a contractual agreement outlining performance-based conditions and specific payout criteria.
Definition of "Other cash-based award" as non-equity incentive compensation
This definition links "Other cash-based award" to cash incentives provided outside of equity compensation plans.
"Other cash-based award" means a cash award granted in lieu of equity-based compensation, often tied to predefined performance goals or service conditions.
Definition of "Other cash-based award" as executive compensation
This definition applies "Other cash-based award" to executive and leadership-level cash payments.
"Other cash-based award" refers to cash payments made to executives or key personnel under an incentive plan designed to reward strategic contributions or financial performance.
Definition of "Other cash-based award" as annual performance bonus
This definition ties "Other cash-based award" to yearly cash incentives.
"Other cash-based award" means a cash bonus issued on an annual basis, contingent upon individual or company-wide performance metrics.
Definition of "Other cash-based award" as milestone-based compensation
This definition connects "Other cash-based award" to cash rewards based on achieving specific milestones.
"Other cash-based award" refers to a cash incentive granted upon reaching designated company or employee performance milestones.
Definition of "Other cash-based award" as retention bonus
This definition links "Other cash-based award" to financial incentives for employee retention.
"Other cash-based award" means a cash payment designed to encourage employees to remain with the company for a defined period, often subject to continued service requirements.
Definition of "Other cash-based award" as team-based incentive
This definition applies "Other cash-based award" to rewards distributed based on team performance.
"Other cash-based award" refers to a cash bonus allocated to employees collectively based on department or project success metrics.
Definition of "Other cash-based award" as discretionary recognition payment
This definition ties "Other cash-based award" to special cash payments made as a recognition gesture.
"Other cash-based award" means an ad hoc cash payment made to an employee or group in recognition of extraordinary contributions, outside of standard incentive plans.
Definition of "Other cash-based award" as government or regulatory cash grant
This definition connects "Other cash-based award" to cash payments issued in compliance with government programs.
"Other cash-based award" refers to a cash incentive granted under a regulatory, governmental, or industry-recognized financial support program.
Definition of "Other cash-based award" as litigation settlement bonus
This definition links "Other cash-based award" to cash payments made as part of legal settlements.
"Other cash-based award" means a cash payment made to employees or executives as part of a legal settlement, arbitration outcome, or related corporate resolution.
Definition of "Other cash-based award" as project completion bonus
This definition applies "Other cash-based award" to cash incentives tied to project completion.
"Other cash-based award" refers to a cash payout granted upon the successful completion of a defined project or initiative, subject to specific criteria.
Definition of "Other cash-based award" as crisis management incentive
This definition ties "Other cash-based award" to financial compensation for crisis response efforts.
"Other cash-based award" means a cash incentive provided to employees or executives who contribute significantly to resolving an urgent business or operational crisis.
Definition of "Other cash-based award" as transition compensation
This definition connects "Other cash-based award" to financial support during mergers or organizational restructuring.
"Other cash-based award" refers to a cash payment provided to employees affected by corporate restructuring, mergers, or leadership transitions, often as part of a negotiated retention package.
Definition of "Other cash-based award" as cost-saving reward
This definition links "Other cash-based award" to financial rewards for process efficiency and savings.
"Other cash-based award" means a cash bonus provided to employees who identify and implement significant cost-saving initiatives, leading to measurable financial benefits for the company.
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