Performance Unit Award definition

Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.
Performance Unit Award means an award of Performance Units under this Plan.
Performance Unit Award means an Award designated as a performance unit award granted to a Holder pursuant to Article IX.

Examples of Performance Unit Award in a sentence

  • The portion of each such Stellar Performance Unit Award that does not become vested at the Effective Time in accordance with the terms of the applicable award agreement will be forfeited at the Effective Time for no consideration.


More Definitions of Performance Unit Award

Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined individual and/or Company (and/or Affiliate) performance goals and/or objectives, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.
Performance Unit Award means an Award in the form of Performance Units.
Performance Unit Award means an award granted pursuant to Section 8.
Performance Unit Award means an Award made pursuant to Section 8 hereof, the payment of which is contingent upon the achievement of the Performance Goals for the particular Performance Period.
Performance Unit Award means a grant of a right to receive a designated dollar value amount of Shares or Stock Units contingent on the achievement of performance or other objectives during a specified period.
Performance Unit Award means an Award in the form of Performance Units. “Prior Plan” means the 2004 Equity Incentive Plan of Assertio Therapeutics, Inc. “Qualified Performance Awards” has the meaning set forth in Section 8(a)(vii)(B).
Performance Unit Award means a right granted subject to and in accordance with Section 5 and the other applicable provisions of the Plan (including, without limitation, Section 5.II., 5.II.(d), and 6(e)) to receive a specified amount of money (other than an amount of money determined by reference to the Fair Market Value of a specified number of shares of Common Stock), or shares of Common Stock having a Fair Market Value equal to such specified amount of money, at a future time or times if a specified performance goal is attained and any other terms or conditions specified by the Committee are attained.