Performance Share Program Sample Clauses

Performance Share Program. (a) Immediately prior to the Effective Time, each ongoing performance period under the COP Performance Share Program shall be truncated and COP PSUs shall be granted on a prorated basis based on the portion of each performance period that has elapsed prior to the Effective Time to COP Group Employees and Xxxxxxxx 66 Group Employees who are participating in the COP Performance Share Program immediately prior to the Effective Time based on actual performance as compared to the applicable quantitative and qualitative measures during each ongoing performance period.
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Performance Share Program. Effective as of the Initial Payment Date, the Employee shall forfeit and/or relinquish any and all interests and rights under the Company's Performance Share Program, for any and all performance periods. Employee acknowledges that he is not entitled to any future participation or payouts with respect to the Performance Share Program.
Sample 1
Performance Share Program. The Company represents and warrants that a maximum of 300,000 shares of Common Stock have been issued to the NetLive Communications, Inc. Performance Share Program Trust (the "Trust") pursuant to the Plan and that 106,000 shares of Common Stock have been awarded under the Plan as of the date hereof. The Company agrees that it will not authorize the issuance to the Trust of more than the 300,000 shares of Common Stock previously issued to the Trust and the remaining 194,000 shares of Common Stock issued to the Trust and not already awarded to NetLive employees (the "Remaining Shares") shall not be awarded under the Plan except in connection with any compensation packages awarded in connection with the recruitment and hiring and retention from time to time of the Company's new Chief Executive Officer and other senior management excluding Xxxxxxx Xxxxxxxxxx, Xxxxxxxx Xxxxx, Xxxxxx Xxxxxxxx, Xxxxxxx Xxxx and Xxxxx Xxxx. The parties further agree that if all or at least 2/3 of the Remaining Shares are not so awarded by June 30, 1998, the Company will use its reasonable efforts to cause the Trust to return the unawarded Remaining Shares to the Company; provided that the unawarded Remaining Shares shall not be returned to the Company if such return cannot be done in accordance with all applicable laws or would have a material adverse tax effect.
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Performance Share Program. 5 1.37 Plan .................................................................................................... 5 1.38 Ratio ................................................................................................... 5 1.39 Reasonable Efforts ...................................................................................... 5
Sample 1
Performance Share Program. 5 1.35 Plan....................................................................................................5 1.36 Ratio...................................................................................................5 1.37 Reasonable Efforts......................................................................................5 1.38 SARP....................................................................................................5 1.39 SARP Award..............................................................................................5 1.40 Section 414(l) Amount...................................................................................5 1.41 Separation and Distribution Agreement...................................................................5 1.42 Stock Purchase Plan.....................................................................................6 1.43 Teledyne................................................................................................6 1.44 Teledyne 401(k) Plan....................................................................................6 1.45 Teledyne Technologies Entity............................................................................5 1.46 Teledyne Technologies 401(k) Plan.......................................................................5 1.47 Teledyne Technologies Individual........................................................................5 1.48 Teledyne Technologies Pension Plan......................................................................6 1.49 Teledyne Technologies Pension Plan Participants.........................................................6 1.50 Teledyne Technologies Stock Value.......................................................................6
Sample 1
Performance Share Program. As of the date hereof, you have been credited, but not vested in, 12,000 Class A common shares (the “Credited Shares”) of American Greetings in accordance with and subject to the terms and conditions of the American Greetings Performance Share Program, and your June 26, 2009 Performance Share Grant Agreement. Promptly following the Separation Date, and subject to standard tax withholdings, you will be issued 12,000 fully vested and unrestricted Class A common shares (or such lesser amount to the extent that you elect to have shares withheld to pay taxes due on the vesting of such shares), which amount represents 100% of the Credited Shares that were scheduled to vest on February 28, 2013. All other Credited Shares, together with any other performance shares that have not otherwise credited or vested under your June 26, 2009 Performance Share Grant Agreement, shall automatically terminate and be cancelled on the Separation Date.
Sample 1
Performance Share Program. Under the terms of the Performance Share Program (PSP), you will forfeit all outstanding awards. As of the date of this Letter Agreement, you will not be eligible for any additional PSP awards.
Sample 1
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Related to Performance Share Program

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

  • Performance Shares The Performance Shares earned by the Grantee will be determined and delivered to the Grantee as soon as practicable subsequent to the determination of the Corporation’s financial results for the Performance Cycle and approval by the Plan Administrator. The corresponding shares of the Corporation’s common stock will be purchased on the open market.

  • Performance Stock Units The Company may grant to Executive performance stock units (“PSUs”) pursuant to the Incentive Plan. All PSUs are subject to and conditioned on approval of the grant and its terms by the Board. All granted PSUs shall vest as provided in the applicable PSU grant notice and grant agreement (“PSU Agreement”). All PSUs shall be subject to the terms and conditions of the Incentive Plan and a PSU Agreement in a form prescribed by the Company, which Executive must sign as a condition to receiving the PSUs.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Directed Share Program The Company will comply with all applicable securities and other laws, rules and regulations in each jurisdiction in which the Directed Shares are offered in connection with the Directed Share Program.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Share Award The Corporation hereby awards the Employee Shares (Shares) of Common Stock, par value $1.50 per share (Common Stock) of the Corporation pursuant to the 2007 Viad Corp Omnibus Incentive Plan (Plan), subject to the terms, conditions, and restrictions of such Plan and as hereinafter set forth.

  • Cash Award Subject to Section 2 and provided that you are employed by the Company or one of its affiliates on each applicable payment date set forth below, the Company shall pay you the Cash Award at the following times: (i) one-third (1/3) of the Cash Award on the Closing Date, (ii) one-third (1/3) of the Cash Award on the first anniversary of the Closing Date and (iii) the remaining one-third (1/3) of the Cash Award on the second anniversary of the Closing Date.

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