Performance Allowances definition

Performance Allowances means the criteria for an Award of Free Shares where:
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Performance Allowances means the criteria for an Award of Free Shares which determine:
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Performance Allowances. The criteria for an Award of Free Shares where:
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Examples of Performance Allowances in a sentence

  • The Committee may stipulate that the number of Free Shares (if any) to be awarded to each Qualifying Employee on a given Award Date shall be determined by reference to Performance Allowances.

  • If Performance Allowances are used the UK Share Plan Manager shall, as soon as reasonably practicable: 5.

  • In addition, where there are to be Performance Allowances in relation to an award then all persons invited to participate in relation to that award must be offered an opportunity to receive an award of Free Shares by reference to performance.

  • If Performance Allowances are to apply under Method 2 then all the Free Shares awarded in the relevant Performance Period can be awarded by reference to performance (this doesn’t mean that the Board necessarily has to determine that all the Free Shares will be awarded by reference to performance).

  • If Performance Allowances are used, they shall apply to all Participants.

  • If there are to be Performance Allowances in relation to an award then the requirements of this Rule 4.4 must be satisfied.


More Definitions of Performance Allowances

Performance Allowances means the criteria for an Award of Free Shares where (a) whether Shares are awarded or (b) the number or value of Shares awarded is conditional on performance targets being met;
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Performance Allowances the criteria for an Award of Free Shares where:
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