Examples of Company Performance Shares in a sentence
As part of the agreement, The Company is required to make annual payments of $50,000 on each anniversary date, May 5th, for the first four years, payable by the Company in either cash or common shares of the Company ("Performance Shares"), or any combination thereof, in its sole discretion.
LTI: Plan summary • The LTI allows Managing Directors to receive annual conditional awards of performance shares, i.e. fully paid ordinary share in the capital of the Company (Performance Shares), subject to the approval of the Supervisory Board in accordance with the Remuneration Policy.
Ordinary shares entitle their holder to one vote, either in person or by proxy, at a meeting of the Company Performance Shares Performance shares have no right to receive dividends.
Each outstanding Share is, and each Share which may be issued pursuant to the Company Stock Plans, the Company ESPP, the Company DRIP, the Company RSUs, the Company Performance Units, the Company Performance Shares or purchase contracts forming part of the Company Equity Units will be, when issued, duly authorized, validly issued, fully paid and nonassessable and, except as set forth in the Certificate of Incorporation, as amended, of the Company, not subject to preemptive rights.
Section 3.2(a) of the Company Disclosure Schedule sets forth a list of all outstanding awards of Company SARs, Company Restricted Stock, Company RSUs and Company Performance Shares, including the holder thereof, the grant date, the exercise price (as applicable), the expiration date (as applicable) and the vesting schedule.
LTI: Plan summary The LTI allows Managing Directors to receive annual conditional awards of performance shares, i.e. fully paid ordinary share in the capital of the Company (Performance Shares), subject to the approval of the Supervisory Board in accordance with the Remuneration Policy.
Issue of Shares to Robert Klupacs (Resolution 3) IntroductionIn accordance with ASX Listing Rule 10.14, Shareholder approval is being sought for the proposed issue of 88,226 Shares in the capital of the Company (Performance Shares) to the Company’s Managing Director, Mr Robert Klupacs.Under the Company's short term incentive plan (Plan), Mr Klupacs earned a performance bonus of $84,484 in the financial year ended 30 June 2012.
Stock option plan and share-based incentive plan - Individual At the Special General Meeting held on August 4, 2017, the shareholders approved the amendment to the Stock Option Plan approved at the Special Shaholders’ Meeting held on January 9, 2008, amended on April 1, 2015, as well as the creation of the Share-Based Incentive Plan of the Company (Performance Shares and Share Matching Plan).
Payments to holders in respect of Company Options, Company Restricted Shares, and Company Performance Shares will be paid through the Company’s or the Surviving Corporation’s payroll system (to the extent applicable) following the Effective Time at such time as such awards are payable.
The Company will take steps necessary to arrange for all required Tax withholdings with respect to the Company Restricted Shares, Company Restricted Stock Units, and Company Performance Shares.