Common use of Performance Shares Clause in Contracts

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.

Appears in 8 contracts

Samples: Incentive Award and Agreement (Popular Inc), Incentive Award and Agreement (Popular Inc), Popular Inc

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Performance Shares. (a) 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.

Appears in 7 contracts

Samples: Popular Inc, Popular Inc, Popular Inc

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