Company: CENX
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001552781-25-000153
Chunk: 65

Company: CENTURY ALUMINUM CO
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 65
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Participant is not a participant in the Executive Severance Plan, and the Participant’s Award Agreement does not define the term “Good Reason”, any provision of this Plan that applies to a resignation for Good Reason shall not apply to such Participant. (w) “ Grant Date” means the date on which the Committee approves the grant of an Award by Committee action or such later date as specified in advance by the Committee. (x) “ Grant Price” means the price used to determine whether there is any payment due upon exercise of the SAR. The Grant Price of any SAR will be at least the greater of the Fair Market Value of a Share at the time the grant is effective or the par value of a Share. (y) “ Incentive Stock Option” or “ ISO” means an Option to purchase Shares granted under Article 6 to an Employee and that is designated as an Incentive Stock Option and that is intended to meet the requirements of Code Section 422, or any successor provision. (z) “ Nonqualified Stock Option” or “NQSO” means an Option that is not intended to meet the requirements of Code Section 422, or that otherwise does not meet such requirements. (aa) “ Non-Tandem SAR” means an SAR that is granted independently of any Option, as described in Article 7. (bb) “ Option” means an Incentive Stock Option or a Nonqualified Stock Option, as described in Article 6. (cc) “ Option Price” means the price at which a Share may be purchased by a Participant pursuant to an Option. The Option Price will be at least the greater of the Fair Market Value of a Share at the time the grant is effective or the par value of a Share. (dd) “ Other Agreement” means either (i) an applicable employment or other written agreement between the Company and a Participant or (ii) an applicable employment or other written agreement between an Affiliate or a Subsidiary and a Participant (ee) “ Other Stock-Based Award” means an equity-based or equity-related Award not otherwise described by the terms of this Plan, granted pursuant to Article 10. (ff) “ Participant” means any eligible individual as set forth in Article 5 to whom an Award is granted. (gg) “ Performance Measures” means measures on which the performance goals are based. (hh) “ Performance Period” means the period of time during which the performance goals must be met in order to determine the degree of payout and/or vesting with respect to an