Performance Cash Award definition

Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).
Performance Cash Award means an award of cash granted under Article 10.1 of the Plan.
Performance Cash Award means an Award of cash granted to a Participant pursuant to Article XI.

Examples of Performance Cash Award in a sentence

  • The Committee may include as vesting conditions or as conditions for any Award of Stock Units, and shall include as a condition for a Performance Cash Award, the requirement that the performance of the Company or a business unit of the Company for a specified period equal or exceed a target determined in advance by the Committee.

  • Each Performance Cash Award shall be contingent on the satisfaction of a performance target intended to satisfy the requirements of Section 162(m) of the Code.

  • To the extent that an Award is granted in the form of Stock Units or a Performance Cash Award, no cash consideration shall be required of the Award recipients.

  • The provisions of the various Stock Unit and Performance Cash Award Agreements entered into under the Plan need not be identical.

  • Performance Cash Awards shall be settled in cash in accordance with the terms of the applicable Performance Cash Award Agreement.


More Definitions of Performance Cash Award

Performance Cash Award means an award of cash granted under Section 9.8 of the Plan.
Performance Cash Award means a Performance Award which is a cash award (for a dollar value not in excess of that set forth in Section 4(c)(1) hereof), the payment of which is subject to the achievement of Performance Objectives during a Performance Period. A Performance Cash Award may also require the completion of a specified period of employment or service.
Performance Cash Award means an Award evidencing the right to receive a payment in cash as determined by the Committee.
Performance Cash Award means an award of cash granted pursuant to Section 10(b).
Performance Cash Award means an award of cash granted pursuant to Section 7(d)(ii).
Performance Cash Award means a performance cash award granted under Section 5(f).
Performance Cash Award means any Award designated by the Committee as a Performance Cash Award pursuant to Section 7.4 of the Plan.