Performance Share Plan definition
Examples of Performance Share Plan in a sentence
The Supervisory Board, where relevant within the framework approved by the Company’s General Meeting of Shareholders, can decide by discretion to grant Performance Shares under the Global Philips Performance Share Plan and/or other equity related incentives to the members of the Board of Management on a year-to-year basis.
Except as provided herein, such Performance Shares shall vest according to the terms of the Performance Share Plan.
The Supervisory Board, where relevant within the framework approved by the Company’s General Meeting of Shareholders, can decide by discretion to grant Performance Shares under the Global Philips Performance Share Plan and/or other equity related incentives to the members of the Executive Committee on a year-to-year basis.
Award Period" shall have the meaning ascribed to such ------------ term in the Performance Share Plan.
Performance Share" shall have the meaning ascribed ----------------- to such term in the Performance Share Plan.