Performance Grant definition

Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

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Performance Grant means a grant made pursuant to Section 9 of the Plan, the Award of which is contingent on the achievement of specific Performance Goals during a Performance Period, determined using a specific Performance Measure, all as specified in the grant agreement relating thereto.

Performance Grant means an award conferring a right, contingent upon the attainment of specified Performance Measures within a specified Performance Period, to receive shares of Common Stock, Restricted Stock, Restricted Stock Units, cash, or any combination thereof, as determined by the Committee or as evidenced in the Agreement relating to such Performance Grant.

Examples of Performance Grant in a sentence

• Provided the cost of the item qualifies as reasonable and necessary for the successful completion of a task required by this Agreement, an item on the FEMA AEL that is specifically coded for the Emergency Management Performance Grant (“EMPG”) Program satisfies the minimum level of service for an equipment purchase under this Agreement.

• Subject to and pursuant to all terms and conditions stated in this Agreement and in the Plan, as of the Grant Date, Alpha hereby makes a Performance Grant to Award Recipient in the form of performance share units (“Performance Share Units”).

• Funding from the Emergency Management Performance Grant (EMPG”) is intended for use by the Sub- Recipient to perform eligible activities as identified in the Fiscal Year 2020 Notice of Funding Opportunity (NOFO) and must be consistent with 2 C.F.R. Part 200 and Chapter 252, Florida Statutes.

• If the Committee determines that a Performance Grant has no Unit Value, such Performance Grant shall be deemed to have been canceled.

• This Section 6 shall specify the effect of a Qualifying Change of Control upon this Performance Grant Agreement.

More Definitions of Performance Grant

Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Common Shares, Other Alpha Securities any other form of award issuable under this Plan payment, or any combination thereof, as determined by the Committee.

Performance Grant means an award that may vest or may be earned or exercised, in whole or in part, contingent upon the attainment during a Performance Period of one or more Performance Goals and which is granted pursuant to the terms and conditions of the Plan.

Performance Grant means an Award, denominated in cash or in Stock, made to a Participant under Article IX.

Performance Grant means a right to receive cash or Company Stock subject to the attainment of Performance Goals as set forth under Section 6.

Performance Grant means a grant made or proposed to be made by the Project State, out of the proceeds of the Financing, to a Participating GP or Municipality to finance the costs of goods, works and services incurred under Sub-projects (as hereinafter defined).

Performance Grant means an Incentive Award made pursuant to Section 10.

Performance Grant means an Incentive Award payable in Company Stock, cash, or a combination of Company Stock and cash that is made pursuant to Section 8.