Performance Condition definition

Performance Condition means any performance condition imposed under rule 3;
Performance Condition means a condition related to performance which is specified by the Committee under Rule 4.1 (Terms of grant);
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.

Examples of Performance Condition in a sentence

  • Notwithstanding anything to the contrary herein, if the Corporation’s TSR is negative, no more than 100% of the PSUs shall be deemed to satisfy the Performance Condition.


More Definitions of Performance Condition

Performance Condition means a condition related to performance which is specified by the Committee under Rule 2.2;
Performance Condition means a performance condition established with respect to an Award in accordance with the provisions hereof.
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 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 a performance condition based on a Performance Goal established with respect to an Award in accordance with the provisions hereof.
Performance Condition means any condition linked to performance imposed under rule 3;
Performance Condition means any performance condition imposed under rule 2.3;