Examples of Performance Share Grant in a sentence
The LTIP comprises a Performance Share Grant (“PS Grant”) and a Restricted Share Grant (“RS Grant”) which shall be in force for a period of 10 years commencing from the effective date of the implementation of the LTIP.
Performance Shares will vest based upon the amount of time remaining until the vesting date in the event of recipient’s prior death, disability or ‘‘retirement,’’ as such is defined in the applicable Performance Share Grant Agreement.Upon an earlier change of control, Time-Based Restricted Shares vest at target level performance.
Details on the LTIP which comprises Restricted Share and Performance Share Grant are disclosed in note 14 of the audited financial statements for the financial year ended 31 December 2019.
The arbitrator's decision shall be in writing and shall set forth his findings of fact along with his/her reasoning and conclusions on the issues submitted.
In its discretion, the Committee may provide in the Grant Agreement evidencing any Performance-Based Restricted Stock Grant or Performance Share Grant that the Grantee shall be entitled to receive Dividend Equivalents with respect to the payment of cash dividends on Common Stock having a record date prior to the date on which the Performance-Based Restricted Stock or Performance Shares are settled or forfeited.
If you are not willing to agree to all of the Grant and Covenant Agreement terms and conditions, do not accept the Grant and do not click the ACCEPT button for the Strategic Performance Share Grant Acknowledgment and Agreement.
If you do not accept the Grant, you will not receive the benefits of the Grant.If you do click on the ACCEPT button, you are accepting and agreeing to all of the terms and conditions of this Strategic Performance Share Grant and the Covenant Agreement, which include, among other things, restrictive covenants such as non-competition, customer and employee non-solicitation and non-disclosure provisions and litigation cooperation and intellectual property assignment and assistance provisions.
A Section 83(b) Election must be filed with the Internal Revenue Service within thirty (30) days of the Performance Share Grant Date in connection with the grant of any Performance Shares.
Performance Share Grant Agreement - additional terms & conditions 1.
A competent authority may increase the threshold set in paragraph 6 to EUR 20000 if the average income of managers of listed companies in that member state issubstantially higher than the average income of managers of listed companies across the European Union.