Examples of Performance Share Award in a sentence

Additionally, employee acknowledges that he was not awarded and is not entitled to any “PSUs” under the Performance Share Award Agreement dated February 15, 2022 (the “PSU Agreement”) and any rights or obligations under the PSU Agreement are hereby forfeited and terminated.
This Section 6 shall specify the effect of a Qualifying Change of Control upon this Performance Share Award.
Notwithstanding anything in this Section 12 to the contrary, if the Performance Share Award is considered nonqualified deferred compensation, the fair market value of the shares withheld together with the amount of cash withheld may not exceed the liability for Tax-Related Items.
This Agreement and the Performance Share Award arrangement described herein is intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended (“Code Section 409A”), and shall be interpreted to the maximum extent possible in accordance with such intent.
It is the intent that the vesting or the payments of this Performance Share Award shall either qualify for exemption from or comply with the requirements of Section 409A of the Code (“Section 409A”), and any ambiguities herein will be interpreted to so comply.

More Definitions of Performance Share Award

Performance Share Award means an Award granted pursuant to Section 8.

Performance Share Award means an award of Performance Shares under this Plan.

Performance Share Award means an Award of a right to receive shares of Common Stock under Section 5.1, or to receive shares of Common Stock or other compensation (including cash) under Section 5.2, the issuance or payment of which is contingent upon, among other conditions, the attainment of performance objectives specified by the Committee.

Performance Share Award means an award of shares of Common Stock, the issuance of which is contingent upon attainment of performance objectives specified by the Committee.

Performance Share Award means an Award granted under Article XII of the Plan under which, upon the satisfaction of predetermined individual and/or Company (and/or Affiliate) performance goals and/or objectives, shares of Common Stock are paid to the Holder.

Performance Share Award means the conditional right to receive in the future one Common Share, awarded to a Participant under the Plan.

Performance Share Award means an Award of a right to receive shares of Common Stock made in accordance with Section 5.1, the issuance or payment of which is contingent upon, among other conditions, the attainment of performance objectives specified by the Committee.