Performance Awards definition

Performance Awards means Performance Units, Performance Shares or either or both of them.

Performance Awards means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be cash- or stock-denominated and may be settled for cash, Shares or other securities or a combination of the foregoing under Section 10.

Performance Awards means Awards granted in accordance with Article VIII.

Examples of Performance Awards in a sentence

• At the close of business on July 18, 2017, (a) 64,411,244 shares of Company Common Stock were issued and outstanding, (b) no shares of Company Preferred Stock were issued and outstanding, (c) 109,089 shares of Company Common Stock were subject to outstanding RSUs, and (d) 493,499 shares of Company Common Stock were subject to outstanding Performance Awards, based on achievement of applicable performance criteria at target levels.

• As of the Effective Time, all Accumulated Dividends, if any, accrued but unpaid with respect to Performance Awards shall, by virtue of the Merger and without any action on the part of a holder thereof, automatically become fully vested and be paid to such holder.

• Questionnaire; and i) Form PP-1, Past Performance Awards (optional).

• Excused time off for union activity will be counted as time worked when computing Team Performance Awards.

• Award: Cash payment of not less than $250 to a maximum of $500, the amount to be determined by the Staff Committee on Outstanding Performance Awards.

More Definitions of Performance Awards

Performance Awards means Performance Share Units, Performance Units, Performance-Based Restricted Stock or any or all of them.

Performance Awards means a Performance Share and Performance Unit, and any Award of Restricted Stock, Restricted Stock Units or Deferred Stock Rights the payment or vesting of which is contingent on the attainment of one or more Performance Goals.

Performance Awards means Awards granted under Section 8.

Performance Awards means any and all stock-based awards that vest, in whole or in part, upon satisfaction of performance criteria.

Performance Awards means an award of Common Stock or cash granted to an Eligible Recipient pursuant to Section 8 of the Plan and with respect to which shares of Common Stock or cash will be transferred to the Eligible Recipient in accordance with the provisions of such Section 8 and any agreement evidencing a Performance Award.

Performance Awards means the Stock Awards, performance units and performance shares granted to Covered Employees pursuant to Article 7. All Performance Awards are intended to qualify as “performance-based compensation” under Section 162(m) of the Code.

Performance Awards means an Award under Section 11 hereof entitling a Participant to a payment in cash at the end of a performance period, if the performance and other conditions established by the Committee are satisfied.