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W.W. Grainger (GWW)
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GWW » Topics » Award Agreement.

These excerpts taken from the GWW 10-Q filed Aug 2, 2006.
Award Agreement. Each Stock Unit Award shall be evidenced by an Award Agreement that shall specify the number of Stock Units to which the Award pertains, the vesting of such Stock Units, the extent (if any) to which a payment is to be made in respect of Stock Units that are unvested upon the termination of an Outside Director’s Service, and such other provisions as the Committee shall determine.

 

6.2 Award Agreement. Each Option grant shall be evidenced by an Award Agreement that shall specify the Option Price, the maximum duration of the Option, the number of Shares to which the Option pertains, the conditions upon which an Option shall become vested and exercisable, and such other provisions as the Committee shall determine which are not inconsistent with the terms of this Plan. The Award Agreement also shall specify whether the Option is intended to be an ISO or an NQSO.

 

EXCERPTS ON THIS PAGE:

10-Q (2 sections)
Aug 2, 2006

RELATED TOPICS for GWW:

"Award Agreement." elsewhere:

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