Performance Vested Options definition

Performance Vested Options means New Management Options to which the vesting schedule set forth in Section 8(b)(ii) hereof applies.
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Performance Vested Options means the Non-Statutory Stock Options granted hereunder which vest based on Performance Objectives as set forth in Section 3(a)(ii) and Appendix B.
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Performance Vested Options based on the Company’s Relative TSR Ranking for the Performance Period as follows:
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Examples of Performance Vested Options in a sentence

  • Any Performance Vested Options which have not vested prior to, or upon, a Change in Control, shall terminate.

  • Of the shares reserved for New Management Options, twenty percent (20%) shall be available for grant of Time Vested Options, and eighty percent (80%) shall be available for grant of Performance Vested Options.

  • Such Performance Vested Options shall become vested and exercisable as of the date that the Committee verifies that such Annual EBITDA Target has been achieved.

  • For each fiscal year of the Company beginning with fiscal year 2004 and ending with fiscal year 2008, ten percent (10%) of the Performance Vested Options granted to a Participant shall be eligible to become vested and exercisable, provided that the Company has achieved an Annual EBITDA equal to, or in excess of, the Annual EBITDA Target for such fiscal year.

  • Performance Vested Options which do not vest in accordance with the provisions of this Section 8(b)(ii) shall terminate.

  • For each fiscal year of the Company beginning with fiscal year 2006 and ending with fiscal year 2009, provided that the Company has achieved an Annual EBITDA equal to, or in excess of, the Annual EBITDA Target for such fiscal year, twenty five percent (25%) of the Annual Performance Vested Options granted to a Participant shall vest and become exercisable as of the Committee Verification Date.

  • Cumulative Performance Vested Options that vest in accordance with the prior sentence shall remain exercisable until the earlier of the Expiration Date or the date that is ninety (90) days after (x) Committee Verification Date for fiscal year 2009, in the case of vesting as a result of Section 5(f)(ii)(2) above, or (y) the date of the Change in Control, in the case of vesting as a result of Section 5(f)(ii)(3) above.

  • Retell a real-life family event in sequential order.2. Understand the concept of time measurements, including days, weeks, months, and years.3. Identify causes and effects using examples from his/her family life.4. Identify change over time in his/her family.5. Identify events of the past, present, and future in his/her family life.

  • The Optionee may exercise Performance Vested Options and Service Vested Options that were exercisable (or deemed exercisable) under Section 3 (collectively, the “Exercisable Options”) on and after termination of employment with the Company and its Subsidiaries for three months.

  • In addition, for each whole percentage that NRR is in excess of twenty percent (20%), an additional six percent (6%) of both a Participant’s Annual Performance Vested Options and Cumulative Performance Vested Options shall vest and become exercisable on such Change in Control (e.g., at a 25% NRR, 100% of both a Participant’s Annual Performance Vested Options and Cumulative Performance Vested Options will vest).


More Definitions of Performance Vested Options

Performance Vested Options shall be determined as of immediately prior to such Change in Control and shall be determined by multiplying (A) the “Target” Number of Options subject to this Agreement, multiplied by (B) the greater of (1) one hundred percent (100%) or (2) the TSR Performance Multiplier as of the Measurement Date, as determined by the Committee and certified in writing immediately prior to such Change in Control.
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Related to Performance Vested Options

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • 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.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • 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-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Vest means to become exercisable or to otherwise obtain ownership rights in an award.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.