Performance-Vesting Award definition

Performance-Vesting Award means an Award granted to a Participant, the vesting or earning of which is conditioned in whole or in part upon the achievement of one or more performance goals (including, without limitation, Performance Goals established pursuant to Section 10.3), notwithstanding that the vesting or earning of such Award may also be conditioned upon the continued Service of the Participant.
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Performance-Vesting Award means any Company Equity Award that, as of immediately prior to the Closing, is outstanding and subject to performance-based vesting criteria.
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Performance-Vesting Award means each restricted stock unit award under the 2011 Plan the vesting of which is conditioned, in whole or in part, on the attainment of performance goals with respect to the relative total stockholder return of the Company Common Stock or based on adjusted EBITDA (as defined in the 2011 Plan) and annual recurring revenue.
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Examples of Performance-Vesting Award in a sentence

  • Any Performance-Vesting Award (or portion thereof) that remains unvested following the application of the vesting described in this Section 3.04(b), shall be referred to as a “Rollover Performance-Based Award” and, together with the Rollover Service-Based Awards, the “Rollover Awards”.


More Definitions of Performance-Vesting Award

Performance-Vesting Award means an Award that vests, in whole or in part, based upon the achievement of performance measures.
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Performance-Vesting Award means a Grant that is subject to performance-based vesting.
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Performance-Vesting Award means an award other than a Parent-Based Award granted under the LTIP, the vesting of which is contingent upon the achievement of specified performance conditions that, at the date of grant, are not substantially certain to be attained.
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Performance-Vesting Award means any Award that is subject to one or more performance-based vesting conditions (which may be in addition to any service-based vesting conditions).
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Performance-Vesting Award means that percentage of the Performance Vesting Award identified on Schedule I of this Award Letter which only vests if and to the extent the TTM EBITDA Performance Target and Sales Performance Target, as applicable, set forth on Schedule I of this Award Letter is achieved.]
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Related to Performance-Vesting Award

  • 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 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.

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

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

  • 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;

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

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

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • PSU means Public Sector Undertaking