Performance Restricted Share definition

Performance Restricted Share means a right granted to a Participant pursuant to Article IV.
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Performance Restricted Share means an Award of a Share granted to a Participant, subject to a Performance Period and the terms and conditions set forth in Article VI.
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Performance Restricted Share means a share of Common Stock granted on March 4, 2015 subject to vesting or other lapse of restrictions based on the attainment of certain Common Stock target price conditions, as described in the Performance Restricted Share Agreements.
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Examples of Performance Restricted Share in a sentence

  • The InterContinental Hotels Group Performance Restricted Share Plan and the InterContinental Hotels Group Short Term Deferred Incentive PlanYear ofConditional Maximum NumberAwardsof ExistingYear of ReleaseDirectors of the CompanyIn addition, the above Directors are technically interested in 2,879,362 Shares held in the InterContinental Hotels Group Employee Share Ownership Plan as at 4 October 2005.

  • The exercise price for the Performance Restricted Share Plan is £1 per participating employee.

  • Performance restricted shares The Performance Restricted Share Plan allows Executive Directors and eligible employees to receive share awards, subject to the satisfaction of a performance condition, set by the Committee, which is normally measured over a three-year period.

  • Matching Performance Restricted Share PlanThe table below shows the maximum options exercisable for nominal consideration, once the relevant performance conditions have been satisfied.

  • The expected dividend yield for the Performance Restricted Share Plan options is zero as participants are entitled to Dividend Accrued Shares to the value of ordinary dividends paid or payable during the vesting period.

  • Performance Restricted Share PlanThe Performance Restricted Share Plan (‘PRSP’) allows Executive Directors and other eligible employees to receive nominal cost options, subject to the satisfaction of performance conditions, set by the Remuneration Committee, which are normally measured over a three year period.

  • Benefits under the Performance Restricted Share Plan are not pensionable and the awards lapse if the performance conditions are not met.

  • The InterContinental Hotels Group Performance Restricted Share Plan and the InterContinental Hotels Group Short Term Deferred Incentive PlanYear of MaximumConditionalawardsnumber of Existing OrdinaryYear ofReleaseDirectors of the CompanyNotes: (1) Upon Admission, the number of New Ordinary Shares under the awards shown in the above table will be the same as the number of Existing Ordinary Shares shown.

  • The awards made in respect of the Performance Restricted Share Plan cycles ending on 31 December 2004, 31 December 2005, 31 December 2006 and 31 December 2007 and the maximum pre-tax number of ordinary shares due if performance targets are achieved in full are set out in the table below.

  • The Company and the Employee acknowledge that, pursuant to that certain Employee Performance Restricted Share Units Award Notice, dated as of May 10, 2021, the Employee holds an aggregate of 35,895 outstanding and unvested time-vesting restricted share units of the Company (RSUs) under the terms and conditions set forth in the Plan.


More Definitions of Performance Restricted Share

Performance Restricted Share means a restricted Share granted under Section 10 of the Plan that will either become an unrestricted Share or be forfeited based on Company performance during the Performance Vesting Period.
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Performance Restricted Share means the right granted to the Participant pursuant to Article IV of the Plan, as memorialized in this Agreement.
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Performance Restricted Share means a right to receive a target number of shares of common stock based upon the Company’s meeting or exceeding certain predetermined Performance Goals over a specified Performance Period, granted to a Participant pursuant to Article IV.
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Performance Restricted Share means a restricted Share granted under the Plan that will either become an unrestricted Share or be forfeited based on the Corporation's financial performance during the Performance Vesting Period.
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Related to Performance Restricted Share

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Restricted Share Award means an award of Restricted Shares.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • 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.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Company Restricted Stock means each share of restricted Company Common Stock issued by the Company, which is subject to vesting conditions and rights to repurchase or reacquire by the Company, whether granted by the Company pursuant to a Company Option Plan, assumed by the Company in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.