PSP a legally licensed payment service provider such as a bank, other credit institution, electronic money or payment institution, etc.
PSP. In the PSP at an opportunity equal to 150% of Base Salary if targets are reached at 100%, or such greater percentage if provided in the PSP for any measurement period.
PSP. 5. The Bidders acknowledge that the extent to which Awards outstanding under the PSP vest on the date of the Scheme Order in connection with the Transaction is to be determined solely by the Target Remuneration Committee, in accordance with the rules of the PSP but subject always to paragraph 21.
PSP. 4.2 Awards granted under the PSP will vest and become exercisable, conditionally on the Effective Date, to the extent determined by the Consort Remuneration Committee in accordance with the terms of the PSP, with any options remaining exercisable from the date of the Offer for a period of one calendar month following the Effective Date. Any holding period will not apply in the circumstances of vesting and exercise of PSP awards in connection with the Offer.
PSP. PSP," when immediately preceded by "Southern," means the Southern Performance Sharing Plan, a defined contribution plan. When immediately preceded by "Southern Energy," "PSP" means the performance sharing plan, if any, to be established by Southern Energy pursuant to Sections 2.02 and 4.03 that corresponds to the Southern Performance Sharing Plan.
PSP. Effective as of the Group Status Change Date, Southern Energy may, at its discretion, establish, or cause to be established, a trust, which is intended to be qualified under Code Section 401(a), exempt from taxation under Code Section 501(a)(1), and forming the Southern Energy PSP. Such Southern Energy PSP, if established, shall be comparable to the Southern PSP. Upon the mutual agreement of Southern and Southern Energy, the Southern Energy PSP shall accept asset transfers from the Southern PSP. Notwithstanding the foregoing, it is Southern Energy's intent that no action will cause a Southern Energy employee to lose his or her unvested right to an account balance in the Southern PSP.
PSP. Through December 31, 2019, in the PSP at an opportunity equal to 150% of Base Salary if targets are reached at 100%. Effective January 1, 2020, in the PSP at an opportunity equal to 300% of Base Salary if targets are reached at 100%. The applicable percentage for Executive’s current 2018-2020 PSP award will be prorated, with this increased percentage effective as of January 1, 2020.
PSP the holders of the Awards granted under the PSP (other than the SE Individual Awards, SE Team Awards and the September 2021 PSP Awards) will, in accordance with the rules of the PSP and their terms, to the extent that their Awards have not already vested at the time of sanction of the Scheme by the Court (“Court Sanction”), be able to exercise such Awards in full with effect from Court Sanction, and all Awards (other than the SE Individual Awards, SE Team Awards and the September 2021 PSP Awards) granted under the PSP will, to the extent not exercised, lapse six months after the date of Court Sanction in accordance with their terms. The holders of the Awards described in this paragraph
PSP. Indica i fornitori del servizio di pagamento per l’agevolazione, l’elaborazione e la riscossione dei pagamenti in favore dei VETTORI: i) WISE EUROPE SA, con sede legale in Xxx xx Xxxxx 000 bte 3, 1050 Bruxelles; ii) PAYONEER EUROPE LIMITED, con sede legale in 6th Floor, Dublin, D02 A342, IE-D, IE; iii) PAYPAL (EUROPE) S.À X.X.
PSP. 8. Bidco acknowledges that any outstanding Options under the PSP that are unvested on the Court Sanction Date will vest and become exercisable on the Court Sanction Date in accordance with the rules of the PSP.
