Phantom Stock Award

Example Definitions of "Phantom Stock Award"
Phantom Stock Award. A right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).
Phantom Stock Award. A Means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).
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Phantom Stock Award. A right to receive shares of Common Stock (or the Fair Market Value thereof) granted pursuant to Section 7(c) of the Plan.
Phantom Stock Award. An Award granted in accordance with the provisions of Section 11 hereof, which shall entitle the holder thereof to receive from the Corporation cash or Shares, or a combination of cash and Shares, based upon the Fair Market Value of Shares at the time of the expiration of the vesting period under such Award, subject to the terms and conditions of the Plan.
Phantom Stock Award. Means an award of a specified number of units of value granted under the Plan, which, when redeemed, shall be a right to receive cash from the Company in an amount equal to the Fair Market Value of the Common Stock as determined in accordance with this Plan.
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