Performance Vesting Date definition

Performance Vesting Date means the later of the last day of the Performance Period and the Performance Certification Date.
Performance Vesting Date. For purposes of this Agreement, “Performance Vesting Date” means the later of (1) the third anniversary of the Date of Grant and in no event later than March 15 of the calendar year following the date set forth under “End of the Performance Period” above and (2) the date on which the Committee certifies the level of achievement of the Management Objectives specified under “Management Objectives” above to determine the number of Performance Shares, if any, that become vested and earned hereunder. THIS PERFORMANCE SHARES AWARD AGREEMENT (this “Agreement”), effective as of the Date of Grant, evidences the grant by ▇▇▇▇▇▇ Aluminum Corporation, a Delaware corporation (the “Company”), to the Participant named above (the “Participant”) pursuant to the provisions of the Plan of the number of Performance Shares set forth under “Number of Performance Shares Granted” above (“Target Performance Shares”). Except as otherwise provided in Section 5 or Section 6 of this Agreement, the number of Performance Shares that may become vested and earned under this Agreement shall be from 0% to 200% of the number of Target Performance Shares, with the specific number vested and earned hereunder to be determined as set forth under “Formula for Determining Performance Shares Earned” above based on the level of achievement of the Management Objectives specified under “Management Objectives” above during the period from and including the first day of the three-year period ending on the date set forth under “End of Performance Period” above through and including the date set forth under “End of Performance Period” above. This Agreement and the Plan collectively provide a complete description of the terms and conditions governing the Performance Shares that may be earned hereunder. If there is any inconsistency between the terms of this Agreement, on the one hand, and the terms of the Plan, on the other hand, the Plan’s terms shall control. All capitalized terms shall have the meanings ascribed to them in the Plan unless specifically set forth otherwise herein.
Performance Vesting Date. Payout Range: 0% to 150% of Target Number of mPRSUs Performance Period: to .

Examples of Performance Vesting Date in a sentence

  • The Cash Award will vest on the Performance Vesting Date, contingent upon the Participant continuing to provide Service (as defined in Section 3 below) to the Company (or any Related Entity) through the Performance Vesting Date.

  • Such Shares will be issued to the Participant (as evidenced by the appropriate entry in the books of the Company or a duly authorized transfer agent of the Company) on the Performance Vesting Date (or as soon as practicable), but in any event, by December 31 of the Participant’s tax year that includes the Performance Vesting Date (or, if later, the 15th day of the third month following such event, if the Participant is not permitted, directly or indirectly, to designate the taxable year of payment).

  • Except as otherwise provided herein, the Participant’s right to receive Shares subject to the mPRSUs is contingent upon the Participant continuing to provide Service (as defined in Section 3 below) to the Company (or any Related Entity) through the Performance Vesting Date.


More Definitions of Performance Vesting Date

Performance Vesting Date. Payout Range: 0% to 150% of Target Number of mPRSUs Performance Period: to . • Index PHLX Semiconductor Sector Index, a global index traded on the NASDAQ OMX PHLX with a trading symbol of “SOX”
Performance Vesting Date means each December 31 during the Initial Term, commencing with December 31, 2012, and ending with December 31, 2015. Actual vesting shall occur upon certification of achievement of the performance goals by the Compensation Committee.
Performance Vesting Date means March 31, 2011.
Performance Vesting Date means, if a Change in Control occurs before the last day of the Performance Period (determined without regard to the Change in Control), the date of the Change in Control, and in all other cases, the later of the last day of the Performance Period and the Performance Certification Date.
Performance Vesting Date means March 31, 2012.
Performance Vesting Date. February [ ], 201[X + 1] Payout Range: 0% to 150% of Target Number of mPRSUs Performance Period: January 1, 201[ ] to December 31, 201[X] • Index
Performance Vesting Date means December 31, .