Performance Right definition
Performance Right means a right to acquire a Share subject to the satisfaction of applicable vesting conditions.
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.
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;
Examples of Performance Right in a sentence
A Performance Right may not be transferred or otherwise dealt with (including being disposed of, encumbered, made subject to any interest in favour of any other person) and lapses immediately on purported transfer or dealing unless the Board, in its absolute discretion, approves the transfer or the dealing or transfer is effected by operation of law on death or legal incapacity to the Participant's legal personal representative.
If, at any time, the issued capital of the Company is reorganised (including consolidation, subdivision, reduction or return), all rights of a holder of a Performance Right are to be changed in a manner consistent with the Corporations Act and the ASX Listing Rules at the time of the reorganisation.
More Definitions of Performance Right
Performance Right means the right to acquire a Share; “Proxy Form” means the proxy form attached to the Notice;
Performance Right means a conditional right issued under the Plan to acquire one Share upon conversion.
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 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 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 conditional entitlement to subscribe for a Share and a corresponding obligation of the Company to issue a Share (or, in certain circumstances, a cash payment in lieu of a Share), subject to satisfaction or waiver of applicable conditions (including any Vesting Condition). Rules means the terms and conditions of the Plan as set out in this document as amended from time to time.
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;