Performance Units definition

Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

Performance Units means Performance Units granted to an Eligible Individual under Section 11.

Performance Units means a grant of dollar-denominated Units the value, vesting or payment of which is contingent on performance against predetermined objectives over a specified Performance Period.

Examples of Performance Units in a sentence

• The Administrator will have complete discretion in determining the number of Performance Units and Performance Shares granted to each Participant.

• Performance Units and Performance Shares may be granted to Service Providers at any time and from time to time, as will be determined by the Administrator, in its sole discretion.

• Each Award Agreement evidencing a Performance Award shall specify the number of Performance Shares or Performance Units subject thereto, the Performance Award Formula, the Performance Goal(s) and Performance Period applicable to the Award, and the other terms, conditions and restrictions of the Award.

• Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Service Providers.

• Performance Awards may be granted in the form of either Performance Shares or Performance Units.

More Definitions of Performance Units

Performance Units means an Award granted under Section 8.

Performance Units means an award made pursuant to Section 8.

Performance Units means an Award made pursuant to Section 9 which entitles a Participant to receive cash, Stock or a combination thereof based on the achievement of performance targets during a Performance Cycle.

Performance Units means the monetary units granted under Section 9 of the Plan and the relevant Award Agreement.

Performance Units means an Award made pursuant to Plan Section 11.

Performance Units means those Partnership Units issued pursuant to Section 4.3.F.

Performance Units means an Award made pursuant to Section 9 which entitles a Holder to receive cash, Shares or a combination thereof based on the achievement of performance goals during a Performance Period.