Performance Right definition

Performance Right means a right to acquire a Share subject to the satisfaction of applicable vesting conditions.

Performance Right means a right to acquire a Share, subject to satisfaction of any Vesting Conditions, and the corresponding obligation of the Company to provide the Share, under a binding contract made by the Company and an Eligible Participant in the manner set out in this Plan and any applicable Offer.

Performance Right means an entitlement to a Share subject to satisfaction of Performance Conditions and the corresponding obligation of the Company to provide the Share, pursuant to a binding contract made by the Company and an Eligible Employee in the manner set out in these Rules;

Examples of Performance Right in a sentence

• Xxxx Xxxxxxxx Xxxxxx (Technology, Innovation and Distribution Head) 10,000,000 10,000,000 Xxxxx Xxxxxx (Commercial Director of Creso Pharma Switzerland) 4,000,000 2,000,000 Total 14,000,000 12,000,000 Each Performance Right shall convert into one fully paid ordinary share upon the satisfaction of certain vesting conditions with performance milestones to be agreed, subject to ASX and shareholder approval, and shall expire on the date which is 3 years from the date of shareholder approval.

• Within 30 days of receipt of a valid notice of exercise for Performance Rights, the Board will issue or transfer one (1) Share, free of encumbrances, to the Participant (or its Associate) for each Performance Right exercised.

• Piedmont and US Holdco will use all reasonable endeavours to enter into binding agreements with each Piedmont Optionholder and Piedmont Performance Right Holder to cancel the Convertible Securities held by such holder in consideration of the grant of equivalent rights (as near as reasonably practicable) to acquire the same number of US Holdco CDIs or US Holdco Shares (as applicable) instead of Piedmont Shares.

• Subject to rule 11.2 and the Listing Rules, the Board may at any time by resolution amend or add to (“amend”) all or any of the provisions of the Plan, or the terms or conditions of any Performance Right granted under the Plan.

• The Performance Right License will be granted for the Performances listed in Exhibit B of this Agreement as well as any/all non-competitive Performances.

More Definitions of Performance Right

Performance Right means a conditional right issued under the Plan to acquire one Share upon conversion.

Performance Right means an option granted pursuant to these Rules to subscribe for one Share upon and subject to the terms of these Rules and the terms of the Offer.

Performance Right means a right entitling a person who holds the performance right, subject to and only on satisfaction (or waiver) of any attaching Performance Conditions and upon vesting, to require the Company to allocate or provide (whether by way of issue or transfer) one Share to him or her, pursuant to a binding contract made by the Company and the person in the manner set out in the Clinuvel Performance Rights plans.

Performance Right means a right to be issued a Share granted under the FY22 LTI Plan on the terms and conditions that are set out in the relevant offer letter given to the recipient and that are contained in the FY22 LTI Plan;

Performance Right means a right to acquire one Share in the manner described in this Plan;

Performance Right means the right to acquire a Share; “Proxy Form” means the proxy form attached to the Notice;

Performance Right means a right granted under clause 4.1(a) to acquire a Share on the terms set out in the Plan for the relevant Performance Period, subject to the Performance Conditions;