162(m) Award

Example Definitions of "162(m) Award"
162(m) Award. An Award granted hereunder that is intended to qualify as "performance-based compensation" under Code Section 162(m).
162(m) Award. A conditional right to receive periodic cash incentive compensation intended to be "performance-based compensation" for purposes of Section 162(m) of the Code which is granted under the Incentive Plan to an Employee designated by the Committee as likely to be a Covered Employee.
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