Performance Right definition

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

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

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

• If the Participant exercises less than all Performance Rights appearing in the holder’s Performance Right statement, then the Company will cause a replacement holding statement to be issued.

• The Board may determine (in its absolute discretion) any further conditions of exercise consistent with these Rules that apply to a Performance Right.

• Yours sincerely _______________________ ▇▇▇▇▇ ▇▇▇▇▇▇▇ CHIEF EXECUTIVE OFFICER SCHEDULE TERMS AND CONDITIONS OF MYFIZIQ LIMITED PERFORMANCE RIGHTS The MyFiziq Limited Performance Rights are issued on the following terms and conditions: (a) (Entitlement) Each Performance Right entitles the holder (Holder) to subscribe for one fully paid ordinary share in the capital of the Company (Share) upon satisfaction of the Milestones (defined below) and issue of the Conversion Notice (defined below) by the Holder.

• The Company shall give written notice to the Holder promptly following satisfaction of any of the Milestones (defined below) or lapse of a Performance Right where the Milestones are not satisfied.

• No payment is required to be made for conversion of a Performance Right to a Share.

More Definitions of Performance Right

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

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 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 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 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;