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 a condition related to performance which is specified by the Committee under Rule 2.2;

Examples of Performance Condition in a sentence

  • A changed Performance Condition will not be materially less or more difficult to satisfy than the original condition was intended to be at the Award Date.The Committee will notify any relevant Participant as soon as practicable after any change or waiver.

  • The Committee may make Vesting conditional on the satisfaction of one or more Performance Conditions.The Committee may change or waive a Performance Condition in accordance with its terms or if anything happens that causes the Committee to reasonably consider it appropriate to do so.

  • There may be an interim indication of the extent to which a Performance Condition or Other Condition will be met.

  • By participating in the Plan, an Employee waives all rights under the Plan, other than the right to acquire Shares on the Vesting of an Award subject to and in accordance with the express terms of the rules and the Performance Condition, in consideration for, and as a condition of, the grant of an Award under the Plan.16.8.9Nothing in this Plan confers any benefit, right or expectation on a person who is not an Employee.


More Definitions of Performance Condition

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 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 3.3.5;
Performance Condition shall be deemed satisfied with respect to each of the “Tranches” of Restricted Shares described below upon the achievement at any time prior to the fifth anniversary of the Effective Date of the corresponding performance hurdle described below, in each case, provided that the Executive is employed with the Company at the time such Performance Condition is met (subject to Section 3(a)(iii)(D) below). For the purposes of this Section 3(a)(i)(B), the Restricted Shares shall be divided into four “Tranches” as follows: