Performance Stock Award definition

Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).
Performance Stock Award or “Performance Stock” shall mean an Award granted under Article XII of the Plan under which, upon the satisfaction of predetermined Performance Goals, Shares are paid to the Holder.
Performance Stock Award means an award of shares of Stock to be issued to an Eligible Person if specified predetermined performance goals are satisfied as described in Article VII.

Examples of Performance Stock Award in a sentence

  • A Performance Stock Award may, but need not, require the Participant’s completion of a specified period of Continuous Service.

  • With respect to any Performance Stock Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, and the measure of whether and to what degree such Performance Goals have been attained will be conclusively determined by the Committee, in its sole discretion.

  • A Performance Stock Award may, but need not, require the completion of a specified period of Continuous Service.

  • A Performance Stock Award is a Stock Award that is payable (including that may be granted, may vest or may be exercised) contingent upon the attainment during a Performance Period of certain Performance Goals.


More Definitions of Performance Stock Award

Performance Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(d).
Performance Stock Award means an Award designated as a performance stock award granted to a Holder pursuant to Article IX.
Performance Stock Award means either a Restricted Stock Award or a Restricted Stock Unit Award granted pursuant to the terms and conditions of Section 7(d)(i).
Performance Stock Award means Awards granted pursuant to Section 16.
Performance Stock Award means an Award under Article 16 of the Plan that is conditioned upon the satisfaction of pre-established Performance Goals.
Performance Stock Award means an Award granted pursuant to Section 9 of the Plan.
Performance Stock Award means a Stock Award granted pursuant to Section 10(a).