Performance Based Shares definition

Performance Based Shares means the performance based shares in respect of ordinary shares of the Company awarded to the managers and employees of the Company or its Affiliates on May 1, 2013 and May 1, 2014, in each case, that are outstanding as of the date hereof, including any performance based shares that are intended to be “free shares” (actions gratuites, within the meaning of Article L. 225-197-1 et seq. of the French Commercial Code) and that have not yet been settled into ordinary shares of the Company (en période d’acquisition) and any performance based shares that have been settled into ordinary shares of the Company (acquisition) but are subject to a mandatory lock-up period (période de conservation) pursuant to Article L. 225-197-1 et seq. of the French Commercial Code;
Sample 1
Performance Based Shares means Leveraged Shares purchased pursuant to a Performance Based Award.
Sample 1
Performance Based Shares means the performance based shares in respect of ordinary shares of the Company awarded to the managers and employees of the Company or its Affiliates on May 1, 2013 and May 1, 2014, in each case, that are outstanding as of the date hereof, including any performance based shares that are intended to be “free shares” (actions gratuites, within the meaning of Article L. 200-000-0 et seq. of the French Commercial Code) and that have not yet been settled into ordinary shares of the Company (en période d’acquisition) and any performance based shares that have been settled into ordinary shares of the Company (acquisition) but are subject to a mandatory lock-up period (période de conservation) pursuant to Article L. 200-000-0 et seq. of the French Commercial Code;
Sample 1

Examples of Performance Based Shares in a sentence

  • Name Severance Annual Cash Bonus (1)Health, Disability and Insurance Benefits Restricted Shares (2) (unvested) Performance- Based Shares (2)(unvested) Stock Options(2) (unvested)Michael C.

  • The Performance Based Shares (as defined below) are intended to constitute a Performance-Based Award within the meaning of the Plan.

  • Mr. McKiernan was also awarded 26,096 Time Based Shares and 52,681 Performance Based Shares for the 2016 performance year.For 2017, Mr. McKiernan’s salary will be $500,000; his target bonus opportunity will be $600,000 (down from a target bonus of $1,000,000 in 2013); and his maximum bonus opportunity will be 200% of target (compared to a maximum of 225% of target in 2016).

  • Mr. Wertheim was also awarded 26,906 Time Based Shares and 52,681 Performance Based Shares for the 2016 performance year.Effective March 2, 2017, Mr. Wertheim stepped down from his position as Chief Legal Officer and Secretary of the Company at the request of the Company to facilitate succession plans.

  • Further, there has been no change in the nature of business during the year under review.

  • Mr. Fallon was also awarded 43,058 Time Based Shares and 86,926 Performance Based Shares for the 2016 performance year.For 2017, Mr. Fallon’s salary will remain at $825,000; his target bonus opportunity will be $900,000 (down from a target bonus of $1,500,000 in 2013); and his maximum bonus opportunity will be 200% of target, a reduction in the maximum award from 225% of target in 2016.Mr. McKiernan’s compensation for 2016.

  • All vested Performance- Based Shares which are not distributed due to a modification as provided in Section 3(c) hereof, shall be forfeited by the Grantee along with all rights thereto, and the ownership of such shares shall immediately vest in the Company.

  • The Inter-American Dialogue has registered more than 800 long-term global and sector-specific studies that look forward at least 10 years.

  • In 2017, this award was composed of grants of Performance- Based Shares (50%), Stock Options (30%) and RSUs (20%).

  • We identify new suppliers based on their product range, financial status, infrastructure, man power and efficiency of management.

Related to Performance Based Shares

  • Performance-Based Award means any Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder.

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.

  • Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.

  • Performance-Based Cash Award means a cash Award under Article XI of this Plan that is payable or otherwise based on the attainment of certain pre-established performance goals during a Performance Period.

  • share-based award means an award under an equity incentive plan of equity-based instruments that do not have option-like features, including, for greater certainty, common shares, restricted shares, restricted share units, deferred share units, phantom shares, phantom share units, common share equivalent units, and stock.

  • Performance-Based Compensation means compensation qualifying as “performance-based compensation” under Section 162(m) of the Code.

  • Qualified Performance-Based Award means an Award intended to qualify for the Section 162(m) Exemption, as provided in Section 11.

  • Performance-Based Exception means the performance-based exception from the tax deductibility limitations of Code Section 162(m).

  • Performance-based contracting means the structuring of all

  • Other Share-Based Award means a right, granted under Section 5(h), that relates to or is valued by reference to Shares.

  • Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Section 162(m) Award means a Performance Award granted under Section 6(k)(i) to a Covered Employee that is intended to satisfy the requirements for “performance-based compensation” within the meaning of Section 162(m).

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Other Unit-Based Award means an award granted pursuant to Section 6(f) of the Plan.