Performance Rights definition

Performance Rights means Performance Rights issued by the Company that convert to one Ordinary Share in the capital of the Company upon vesting of various performance conditions.

Performance Rights means the performance rights issued pursuant to, and in accordance with the terms of, the Equity Incentive Plan;

Performance Rights means the right to subscribe to 1 Ordinary Share in the capital of the Company upon the completion of specific performance milestones by the Company.

Examples of Performance Rights in a sentence

• An amount of $2,306,944 has been included in the accounts at 30 June 2023 based on the external valuation received less amounts already booked in prior periods in respect to the Performance Rights.

• MMA must take such action as is necessary after the Effective Date and prior to the Record Date to ensure that, by no later than the Record Date, there are no outstanding Performance Rights on issue as at the Record Date.

• Currently, the Company’s compensation package for its “Named Executive Officers” or “NEOs” consists of base salary, bonuses and the granting of performance rights under the Company’s current Performance Rights Plan.

• A summary of the terms of the Performance Rights Plan is set out in Section C below under the heading ‘Performance Share Rights Plan for Designated Participants’.

• Vested Performance Rights granted to designated participants shall be redeemed on the last day of the performance period (or such earlier date in the case of vested Performance Rights that are redeemable immediately upon the achievement of target milestones).

More Definitions of Performance Rights

Performance Rights means Performance Rights (as that term is defined in the Performance Rights Plan) issued pursuant to the Performance Rights Plan.

Performance Rights means performance rights in the Company.

Performance Rights means a right that confers an entitlement to be issued one Share subject to the satisfaction of any performance criteria;

Performance Rights means rights granted to a Designated Participant to receive Shares or CDIs as evidenced by the Performance Right Register in accordance with the provisions hereof and a written acknowledgement entered into between the Corporation and the Designated Participant.Designated

Performance Rights means the rights to obtain Common Shares for no consideration upon the achievement of certain performance targets pursuant to the Compensation Agreements, including such rights to obtain Common Shares as have received the approval of the Board of Directors but which may still be subject to Shareholder, stock exchange or any other approval;

Performance Rights means a Performance Right that will convert into one ordinary share upon vesting and satisfaction of various milestones and performance conditions.

Performance Rights means the performance rights the subject of approval under Resolutions 4(a) to (c). "Proxy Form" means the proxy form that is enclosed with and forms part of this Notice;