Performance Right definition

Performance Right means a right to acquire a Share subject to the satisfaction of applicable vesting conditions.

Performance Right means an entitlement to a Share subject to satisfaction of Performance Conditions and the corresponding obligation of the Company to provide the Share, pursuant to a binding contract made by the Company and an Eligible Employee in the manner set out in these Rules;

Performance Right means a right to acquire a Share, subject to satisfaction of any Vesting Conditions, and the corresponding obligation of the Company to provide the Share, under a binding contract made by the Company and an Eligible Participant in the manner set out in this Plan and any applicable Offer.

Examples of Performance Right in a sentence

• Performance Right means a performance right issued by MMA under employee incentive arrangements (or similar) of the MMA Group to, subject to the terms of that performance right, acquire a Share.

• The key terms and conditions of the Employee Incentive Plan are summarised in Appendix A and will apply to the Performance Rights that are proposed to be issued.Each Performance Right represents a right to be issued a Share at a future point in time subject to the satisfaction of any conditions relating to vesting, performance hurdles and/or exercise.

• No. A grant of a Performance Right will not give the holder a legal or beneficial interest in ordinary fully paid shares in the Company until that Performance Right vests.

• The market value of Performance Rights and Common Shares shall be not less than the volume weighted average trading price (calculated in accordance with the rules and policies of the TSX) of the Common Shares on the TSX, or another stock exchange where the majority of the trading volume and value of the Common Shares occurs, for the ten (10) trading days immediately preceding the day the Performance Right is granted.

• The Performance Rights each grant the holder a right to subscribe for one Share upon vesting of each Performance Right.

More Definitions of Performance Right

Performance Right means an option granted pursuant to these Rules to subscribe for one Share upon and subject to the terms of these Rules and the terms of the Offer.

Performance Right means a conditional right issued under the Plan to acquire one Share upon conversion.

Performance Right means a right entitling a person who holds the performance right, subject to and only on satisfaction (or waiver) of any attaching Performance Conditions and upon vesting, to require the Company to allocate or provide (whether by way of issue or transfer) one Share to him or her, pursuant to a binding contract made by the Company and the person in the manner set out in the Clinuvel Performance Rights plans.

Performance Right means a right to acquire one Share in the manner described in this Plan;

Performance Right means a right granted under clause 4.1(a) to acquire a Share on the terms set out in the Plan for the relevant Performance Period, subject to the Performance Conditions;

Performance Right means the right to acquire a Share; “Proxy Form” means the proxy form attached to the Notice;

Performance Right means a right to be issued a Share granted under the FY22 LTI Plan on the terms and conditions that are set out in the relevant offer letter given to the recipient and that are contained in the FY22 LTI Plan;