Performance Shares definition

Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

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Performance Shares means Shares issued or transferred to an Eligible Individual under Section 11.

Performance Shares means the right to receive Shares to the extent Performance Goals are achieved.

Examples of Performance Shares in a sentence

Any attempted disposition of any of Participant's rights hereunder, or the levy of any execution, attachment or similar process upon any of the Performance Shares prior to settlement, shall be null and void and without effect.
Participant acknowledges that the Performance Shares may be clawed back by the Company in accordance with any policies and procedures adopted by the Committee in order to comply with any of the foregoing compensation recoupment policies or as set forth in this Award Agreement.
The target Performance Shares for each Individual Measuring Goal will be 25% of the total target Performance Shares for the Non-GAAP Operating Margin Expansion Measuring Goal and each Individual Measuring Goal will be calculated separately.
Participant will have no voting rights with respect to any of the Performance Shares.
Holding Performance Shares does not give Participant the rights of a shareholder (including without limitation the right to vote or receive dividends or other distributions) with respect to shares of Stock underlying the Performance Shares that the Company may issue under the terms and conditions of this Agreement.

More Definitions of Performance Shares

Performance Shares means a Performance-Based Award representing a right or other interest that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Stock, made subject to the achievement of performance goals (as provided in Section 14) over a Performance Period of up to ten (10) years.

Performance Shares means a contractual right granted to an Eligible Person under Section 10 hereof representing a notional unit interest equal in value to a share of Common Stock to be paid and distributed at such times, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

Performance Shares means the right to receive Shares to the extent Performance Goals are achieved (or other requirements are met).

Performance Shares means a grant of stock or stock Units the issuance, vesting or payment of which is contingent on performance as measured against predetermined objectives over a specified Performance Period.

Performance Shares means an Award made pursuant to Section 9 which entitles a Holder to receive Shares, their cash equivalent, or a combination thereof based on the achievement of performance targets during a Performance Period.

Performance Shares means Shares that are subject to restrictions based upon the attainment of specified performance objectives granted pursuant to Section 9 below.

Performance Shares means Shares that are subject to restrictions that lapse upon the attainment of specified performance objectives and that are granted pursuant to Section 9 below.