Performance Units definition
Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.
Performance Units means Performance Units granted to an Eligible Individual under Section 9.1(a).
Performance Units means a grant of dollar-denominated Units the value, vesting or payment of which is contingent on performance against predetermined objectives over a specified Performance Period.
Examples of Performance Units in a sentence
The number of shares that become vested and exercisable with respect to any Performance Shares, Performance Units, performance-based RSUs or other performance-based Equity Awards for which the performance period has not ended prior to the Change in Control shall be based upon the target performance level set forth in the applicable Award Agreement under the Equity Plan, without regard to actual performance.
The Committee shall set performance goals in its discretion which, depending on the extent to which they are met, will determine the number or value of Performance Units or Performance Shares that will be paid to the Grantee.
More Definitions of Performance Units
Performance Units means an Award granted under Section 8.
Performance Units means the monetary units granted under Section 9 of the Plan and the relevant Award Agreement.
Performance Units means an Award made pursuant to Section 9 which entitles a Participant to receive cash, Stock or a combination thereof based on the achievement of performance targets during a Performance Cycle.
Performance Units means an award made pursuant to Section 8.
Performance Units means an Award made pursuant to Plan Section 11.
Performance Units means an award, in the amount determined by the Committee, stated with reference to a specified or determinable number of shares of Common Stock, that in accordance with the terms of an Agreement entitles the holder to receive a payment for each specified unit equal to the value of an equal number of shares of Common Stock on the date of payment.
Performance Units means an Award made pursuant to Section 9 which entitles a Holder to receive cash, Shares or a combination thereof based on the achievement of performance goals during a Performance Period.