Performance Condition definition

Performance Condition means a condition related to performance which is specified by the Committee under Rule 4.1 (Terms of grant);
Performance Condition means any performance condition imposed under rule 4.1 (Performance Conditions);
Performance Condition means a condition related to performance which is specified by the Committee under Rule 2.2;

Examples of Performance Condition in a sentence

  • Following the Performance Measurement Date, the Compensation Committee will determine the extent to which the applicable Performance Condition has been achieved, as may be limited by the TSR Performance Condition (as described in Xxxxx X).

  • None of the PSUs shall vest unless and until both the Time-Based Condition and the Performance Condition are satisfied.

  • PSUs that have satisfied both the Time-Based Condition and the Performance Condition are referred to as “Vested PSUs”.

  • In the event of a Change of Control (as defined in Exhibit B below), the number of Earned Units that are assigned to each Performance Goal issuable shall be determined as specified in the Relative Total Shareholder Return Performance Condition, as set forth in Exhibit B, in the event the Performance Period has not concluded as of the date of such Change of Control.

  • Notwithstanding the foregoing, the Payout Formula may be modified based on the Company’s performance against the TSR Performance Condition (as described in Annex I).


More Definitions of Performance Condition

Performance Condition means any condition to the vesting of an Award based on the performance of the Company (including one or more of its Subsidiaries), the performance of any branch, business unit of the Company (or of any Subsidiary), or the performance of an individual Participant (other than remaining employed by the Company or a Subsidiary), whether based on absolute or relative performance measures.
Performance Condition means a performance condition established with respect to an Award in accordance with the provisions hereof.
Performance Condition means a condition or conditions stated in the Award Statement for an Award or a Tranche of an Award, and/or the Award Letter, which determines the extent to which that Award or Tranche will Vest and/or become capable of settlement.
Performance Condition means a condition stated in the Award Statement for an Award or a Tranche of an Award which determines the extent to which that Award or Tranche will become capable of settlement.
Performance Condition means a performance condition based on a Performance Goal established with respect to an Award in accordance with the provisions hereof.
Performance Condition means any condition linked to performance imposed under rule 3;
Performance Condition means any performance condition imposed under rule 1.10.