Define: Awards

What does "Awards" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.

Definition 1 (AMERICAN INTERNATIONAL GROUP, INC., seen in 1 filing)

Awards means performance share units (PSUs), restricted stock units (RSUs), stock options (Options), or a combination of PSUs, RSUs and Options, as the Committee may determine from time to time.

Source: AMERICAN INTERNATIONAL GROUP, INC. 10-K

Definition 2 (MICROSOFT CORP, seen in 1 filing)

Awards means either (i) a grant of a stock option (an Option) or (ii) a grant of Shares or of a right to receive Shares or their cash equivalent (or both) (a Stock Award).

Source: MICROSOFT CORP 10-K

Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 2
Companies: 2
Keywords:
Awardsdefinitioncontract languagelegal termSEC filing

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