The phrase "award payment" is correct and usable in written English.
It can be used in contexts related to financial transactions, particularly when referring to payments made as a result of an award or grant.
Example: "The organization will process the award payment within two weeks of the approval."
Alternatives: "grant payment" or "prize payment".
The two clubs relegated currently receive 50% of the equivalent Basic Award payment to League Two clubs.
Clubs relegated from League One will also receive 12.6% of the Basic Award payment for one season.
Clubs also voted to amend the existing parachute payment regulations within The Football League which will see those relegated from the Championship receive 11.1% of the Basic Award payment to Championship clubs for one season.
From next season this will change to 100% in the first year following relegation and then 50% of the equivalent Basic Award payment, unless a club is promoted back to League Two.
Still, pay experts warn that huge retention and merger award payments can pose major problems.
Although it failed to make a profit in 2010, Chrysler said it had agreed to give "performance award payments" of $750 to its 22,000 workers in the United States and 7,600 in Canada.
AstraZeneca's former chief executive, David Brennan, who was ousted by shareholders in April, has received a £4.6m payoff, but lost out on nearly £4m in bonus and share award payments after boardroom intervention pared back his potential exit package.
He was also awarded payment for loss of earnings of £1,914.15.
Despite finding yet again that the UK continues to violate prisoners' rights to participate in elections, the Strasbourg court declined to order that any of 1,015 claimants be awarded payment in form of redress.
The jury did not give City of Hope all it wanted; it awarded payments for royalties only since September 1994, not from the start of the contract.
Rudell would grossly underbid competitors to win contracts, but after the contracts were awarded, payments to Rudell would be greatly increased through approval of added-on expenses by Mr. Razzouk, prosecutors said.
