Other Stock-Based Award definition: Copy, customize, and use instantly
Introduction
The term "Other Stock-Based Award" refers to any type of stock-based compensation not specifically categorized under traditional stock options or restricted stock awards. These awards are often used by companies to incentivize and retain employees. "Other Stock-Based Awards" can take various forms, such as stock appreciation rights or phantom stock, and are designed to align the interests of the employee with the company's performance.
Below are various examples of how "Other Stock-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 Stock-Based Award" as equity incentive program
This definition ties "Other Stock-Based Award" to equity incentive programs used by companies to reward employees for their contributions.
"Other Stock-Based Award" means any award granted under an equity incentive program that provides employees with the right to receive stock or other securities of the company, excluding traditional stock options or restricted stock.
Definition of "Other Stock-Based Award" as performance-based compensation
This definition connects "Other Stock-Based Award" to performance-based compensation structures, where awards are tied to specific company or individual performance metrics.
"Other Stock-Based Award" refers to an award granted to employees based on specific performance targets, with compensation provided in company stock or other equity-based securities.
Definition of "Other Stock-Based Award" as a retention strategy
This definition links "Other Stock-Based Award" to retention strategies, where companies offer stock-based compensation to retain top talent.
"Other Stock-Based Award" means any stock or equity-based compensation awarded to employees as part of a retention strategy, designed to encourage long-term loyalty and commitment to the company.
Definition of "Other Stock-Based Award" as bonus alternatives
This definition applies "Other Stock-Based Award" to bonus alternatives, where companies offer equity-based awards instead of cash bonuses.
"Other Stock-Based Award" refers to alternative compensation in the form of company stock or equity grants, provided to employees in lieu of traditional cash bonuses.
Definition of "Other Stock-Based Award" in merger and acquisition contexts
This definition ties "Other Stock-Based Award" to merger and acquisition scenarios, where employees may receive stock-based compensation as part of the deal.
"Other Stock-Based Award" means any stock or equity-based compensation granted to employees as part of a merger or acquisition, ensuring their continued involvement in the company after the transaction.
Definition of "Other Stock-Based Award" as part of a deferred compensation plan
This definition connects "Other Stock-Based Award" to deferred compensation plans, where employees receive stock awards that vest over time.
"Other Stock-Based Award" refers to a form of deferred compensation, where employees are granted stock or equity-based awards that vest over a specified period, often tied to continued employment.
Definition of "Other Stock-Based Award" for executive compensation
This definition links "Other Stock-Based Award" to executive compensation, where executives are incentivized through stock-based grants.
"Other Stock-Based Award" means any equity-based compensation provided to executives as part of their overall compensation package, which may include stock options, restricted stock, or performance shares.
Definition of "Other Stock-Based Award" for growth-oriented businesses
This definition applies "Other Stock-Based Award" to companies in growth industries, where stock-based awards are used to motivate employees to help drive company expansion.
"Other Stock-Based Award" refers to stock-based compensation provided to employees of growth-oriented businesses, designed to incentivize performance in fast-growing industries.
Definition of "Other Stock-Based Award" for startups
This definition connects "Other Stock-Based Award" to startups, where stock-based compensation is commonly used to attract and retain talent without large cash salaries.
"Other Stock-Based Award" refers to stock-based compensation given to employees of startup companies, used to incentivize performance and align employee interests with company success.
Definition of "Other Stock-Based Award" as non-qualified stock awards
This definition ties "Other Stock-Based Award" to non-qualified stock options, which do not meet the IRS requirements for tax-advantaged treatment.
"Other Stock-Based Award" means any stock-based compensation, including non-qualified stock options, that is not eligible for favorable tax treatment under applicable tax laws.
Definition of "Other Stock-Based Award" in non-traditional equity structures
This definition links "Other Stock-Based Award" to non-traditional equity structures, such as phantom stock or stock appreciation rights.
"Other Stock-Based Award" refers to non-traditional equity-based compensation methods, including phantom stock, stock appreciation rights, or other similar instruments that provide employees with financial benefits based on company stock performance.
Definition of "Other Stock-Based Award" for flexible compensation
This definition connects "Other Stock-Based Award" to flexible compensation arrangements, where employees can choose the form of their equity-based awards.
"Other Stock-Based Award" refers to flexible stock-based compensation arrangements, allowing employees to select the type of equity award that best suits their needs, whether stock options, restricted stock, or other forms.
Definition of "Other Stock-Based Award" as part of incentive plan
This definition ties "Other Stock-Based Award" to an incentive plan, where stock-based awards are granted to meet specific goals.
"Other Stock-Based Award" means any stock or equity-based award granted under an incentive plan to encourage performance and achieve company goals.
Definition of "Other Stock-Based Award" as part of executive bonus plan
This definition connects "Other Stock-Based Award" to executive bonus plans, where equity-based awards are tied to annual or long-term performance.
"Other Stock-Based Award" refers to stock or equity awards granted as part of an executive's bonus plan, with vesting and payout tied to the achievement of specific performance metrics.
Definition of "Other Stock-Based Award" in employee ownership programs
This definition links "Other Stock-Based Award" to employee ownership programs, where employees receive stock as part of a plan to share in the company's growth.
"Other Stock-Based Award" means equity-based compensation granted to employees as part of an employee ownership program, fostering a sense of ownership and aligning employees' interests with the success of the company.
Definition of "Other Stock-Based Award" in long-term incentive programs
This definition applies "Other Stock-Based Award" to long-term incentive programs, where equity-based awards are designed to encourage sustained performance over time.
"Other Stock-Based Award" refers to stock-based compensation provided as part of a long-term incentive program, with vesting over several years and linked to the company's performance.
Definition of "Other Stock-Based Award" as a substitute for stock options
This definition ties "Other Stock-Based Award" to stock option alternatives, where other forms of equity compensation are used instead of traditional stock options.
"Other Stock-Based Award" means equity-based compensation granted as an alternative to stock options, such as stock appreciation rights or performance-based stock grants.
Definition of "Other Stock-Based Award" in bonus deferral programs
This definition connects "Other Stock-Based Award" to bonus deferral programs, where employees choose to receive equity-based compensation instead of cash bonuses.
"Other Stock-Based Award" refers to equity awards granted in lieu of a cash bonus under a bonus deferral program, with payout tied to company stock or other equity instruments.
Definition of "Other Stock-Based Award" for international compensation
This definition applies "Other Stock-Based Award" to international compensation, where employees in different countries receive stock-based awards as part of their total compensation package.
"Other Stock-Based Award" refers to equity compensation granted to employees in international locations, taking into account the regulatory and tax considerations in each jurisdiction.
Definition of "Other Stock-Based Award" as part of compensation restructuring
This definition links "Other Stock-Based Award" to compensation restructuring, where companies use stock-based awards to replace traditional salary increases or bonuses.
"Other Stock-Based Award" means any stock or equity award granted as part of a compensation restructuring plan, designed to align employee rewards with company performance.
Definition of "Other Stock-Based Award" as a method of executive retention
This definition ties "Other Stock-Based Award" to executive retention strategies, where stock-based awards are used to incentivize executives to remain with the company.
"Other Stock-Based Award" refers to equity-based compensation provided to executives as part of a retention strategy, offering long-term incentives tied to the company’s future success.
Definition of "Other Stock-Based Award" as an executive incentive plan
This definition ties "Other Stock-Based Award" to an executive incentive plan, where stock-based awards are linked to company success and executive performance.
"Other Stock-Based Award" refers to any equity-based compensation provided to executives as part of an incentive plan, designed to reward long-term contributions and align executive interests with those of shareholders.
Definition of "Other Stock-Based Award" as part of a profit-sharing arrangement
This definition connects "Other Stock-Based Award" to profit-sharing arrangements, where employees receive stock-based compensation based on the company’s profits.
"Other Stock-Based Award" means stock or equity-based compensation granted to employees as part of a profit-sharing arrangement, with payouts tied to the company's profitability.
Definition of "Other Stock-Based Award" in the context of an employee bonus plan
This definition applies "Other Stock-Based Award" to an employee bonus plan, where stock-based awards are used as a form of performance bonus.
"Other Stock-Based Award" refers to stock or equity awards provided to employees as part of their performance bonus under an incentive plan, based on the company's financial or operational goals.
Definition of "Other Stock-Based Award" as a tax-advantaged plan
This definition connects "Other Stock-Based Award" to tax-advantaged compensation plans, where stock-based compensation is structured to offer certain tax benefits to employees.
"Other Stock-Based Award" means any stock-based compensation granted under a tax-advantaged plan, where the award structure ensures certain tax advantages for the employee, subject to relevant tax laws.
Definition of "Other Stock-Based Award" in employee stock purchase plans
This definition ties "Other Stock-Based Award" to employee stock purchase plans, where employees are offered the opportunity to purchase stock at a discounted price.
"Other Stock-Based Award" refers to stock or equity compensation granted through an employee stock purchase plan (ESPP), allowing employees to buy company shares at a discounted rate.
Definition of "Other Stock-Based Award" as a form of employee recognition
This definition links "Other Stock-Based Award" to employee recognition programs, where stock-based awards are used to acknowledge outstanding employee performance.
"Other Stock-Based Award" means stock or equity-based compensation granted as part of an employee recognition program, recognizing exceptional performance and encouraging continued contribution to the company’s success.
Definition of "Other Stock-Based Award" as part of an executive compensation package
This definition connects "Other Stock-Based Award" to executive compensation packages, where equity-based awards are included in overall compensation for top executives.
"Other Stock-Based Award" refers to stock or equity compensation granted to executives as part of their compensation package, designed to incentivize long-term performance and leadership.
Definition of "Other Stock-Based Award" in the context of mergers and acquisitions
This definition applies "Other Stock-Based Award" to mergers and acquisitions, where employees may receive stock-based compensation as part of the merger or acquisition deal.
"Other Stock-Based Award" refers to stock or equity awards provided to employees as part of a merger or acquisition transaction, to align their interests with the continued success of the newly formed entity.
Definition of "Other Stock-Based Award" for companies with fluctuating revenues
This definition ties "Other Stock-Based Award" to companies with fluctuating revenues, where stock-based compensation is used to align employee compensation with business performance.
"Other Stock-Based Award" means any stock-based compensation provided to employees of companies with fluctuating revenues, where awards are adjusted based on the company’s performance or market conditions.
Definition of "Other Stock-Based Award" as part of a global compensation strategy
This definition links "Other Stock-Based Award" to global compensation strategies, where companies offer equity-based compensation to employees across multiple countries.
"Other Stock-Based Award" refers to equity-based compensation granted as part of a global compensation strategy, ensuring alignment across international offices and motivating employees worldwide.
Definition of "Other Stock-Based Award" as part of deferred compensation
This definition connects "Other Stock-Based Award" to deferred compensation plans, where stock-based awards vest over time and are paid out in the future.
"Other Stock-Based Award" means stock-based compensation granted as part of a deferred compensation plan, with awards vesting over a specified period and contingent on continued employment.
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