Performance Condition definition

Performance Condition means any performance condition imposed under rule 4.1 (Performance Conditions);
Performance Condition means a condition related to performance which is specified by the Committee under Rule 3.1 (Terms of grant);
Performance Condition means a condition related to performance which is specified by the Committee under Rule 2.2;

Examples of Performance Condition in a sentence

  • Subject to Section 5 of this Exhibit B, the Service Condition applicable to each Tranche will be satisfied as follows, in each case subject to Participant continuing to be a service provider from the Grant Date through each applicable service-vesting date: 100% of the Performance Units with respect to the applicable Tranche shall satisfy the Service Condition on the fourth anniversary of the date on which the applicable Performance Condition for that Tranche has been satisfied.

  • Any tranche of Performance Units for which the Performance Condition has not been satisfied as of the date of such termination will be forfeited and cancelled in its entirety without any payment to Participant.

  • For example, if the Performance Condition for a Tranche is met on the third anniversary of the Grant Date, then 100% of that Tranche will fully vest on the seventh anniversary of the Grant Date.


More Definitions of Performance Condition

Performance Condition means a performance condition established with respect to an Award in accordance with the provisions hereof.
Performance Condition means any condition to the vesting of an Award based on the performance of the Company (including one or more of its Subsidiaries), the performance of any branch, business unit of the Company (or of any Subsidiary), or the performance of an individual Participant (other than remaining employed by the Company or a Subsidiary), whether based on absolute or relative performance measures.
Performance Condition means a condition or conditions stated in the Award Statement for an Award or a Tranche of an Award, and/or the Award Letter, which determines the extent to which that Award or Tranche will Vest and/or become capable of settlement.
Performance Condition means a performance condition based on a Performance Goal established with respect to an Award in accordance with the provisions hereof.
Performance Condition means a condition stated in the Award Statement for an Award or a Tranche of an Award which determines the extent to which that Award or Tranche will become capable of settlement.
Performance Condition means one or more conditions which must be satisfied or
Performance Condition means any condition linked to performance imposed under rule 3;