3. PNM Resources

Definition of PNM Resources

  1. PNM Resources means PNM Resources, Inc. As used in the Plan, "PNM Resources" also means any successor in interest to PNM Resources resulting from merger, consolidation, or transfer of substantially all of PNM Resources' assets.

Examples of PNM Resources in a sentence

  1. As noted above, Officers who terminate employment with the Company or an Affiliate during the Performance Period due to a Qualifying Change in Control Termination may be entitled to receive a special payment pursuant to the PNM Resources, Inc.
  2. PNM Resources maintains the Plan to provide a select group of Company executives with additional remuneration in the form of reimbursements for expenses such as income tax preparation costs, costs for estate planning and financial counseling services, and insurance premiums for health, accident, disability, life, dependent life, long-term care, home, auto and personal umbrella insurance.
  3. 3Employee shall be eligible to receive a grant of time vested Restricted Stock Rights pursuant to the PNM Resources, Inc. 2012 Long-Term Incentive Plan (the "2012 LTIP"), subject to the terms and conditions of the 2012 LTIP.Employee shall be eligible to receive a Performance Share Award pursuant to the 2013 LTIP and the 2012 LTIP, subject to the terms and conditions of the 2013 LTIP and 2012 LTIP.