Performance Share Plan. Performance Share Plan " means that certain ---------------------- Second Amendment and Restatement of the Alabama National BanCorporation Performance Share Plan, effective as of April 20, 2000, as such Plan may be amended from time to time.
Performance Share Plan. Performance Share Plan" shall mean the Performance Share Plan of the Company, effective January 1, 2000.
Performance Share Plan. Buyer acknowledges and agrees that the Company shall pay, at any time before, on or after the Closing Date, a total of $1,800,000 (the amount accrued on the December Balance Sheet for the Company's Performance Share Plan), regardless of the actual amount which would be determined under the Performance Share Plan to be payable, as follows: (i) to participants under the Performance Share Plan in the amounts determined thereunder and (ii) to any person as discretionary sales incentive bonuses in such amounts as may be determined by the Board of Directors of the Company. Any amounts payable by the Company for such purposes in excess of $1,800,000 shall be treated as Sellers Liabilities pursuant to Section 2.2(b)(i).
Performance Share Plan. As of the Time of Distribution, Conexant will retain sponsorship of the Conexant Performance Share Plan. Effective as of the Effective Time, each Active Washington Employee will be treated as having terminated employment with Conexant and the Conexant Subsidiaries for purposes of determining his or her eligibility to participate in the Conexant Performance Share Plan and will have no rights to any payment under such plan from and after the Time of Distribution, other than any rights to any payments for awards previously vested and earned pursuant to the terms of the plan. None of Washington or any member of the Washington Group will have or retain any interest in or right to any of the assets of the Conexant Performance Share Plan or will have any Liabilities with respect to such plan, and Conexant will have full power and authority with respect to the Conexant Performance Share Plan.
Performance Share Plan. Employee shall participate in the Performance ---------------------- Share Plan through the Separation Date and any payouts to Employee thereunder shall be based on performance factors as of December 31, 2001. Any shares earned by Employee under the Performance Share Plan shall be issued to Employee no later than February 28, 2002.
Performance Share Plan. The number of Performance Share Units earned by the Executive under the PSP with respect to the 1997-1999 Performance Period shall be determined pursuant to Section 10.1 of the PSP and the Merger shall constitute a Change in Control for such purposes. The Executive shall receive distributions on such Performance Share Units at the same time or times as the other Participants in the PSP receive their distributions, all in accordance with the terms of the PSP. For purposes of clarity, it is agreed that the Number of Performance Units earned by the Executive shall not be prorated based upon the number of months of the Executive's participation during the 1997-1999 Performance Period. All capitalized terms used in this Section 6 shall have the respective meanings provided for such terms in the PSP.
Performance Share Plan. Upon the expiration of the Revocation Period, ---------------------- Alltrista shall issue to Employee under the Performance Share Plan 20,000 shares of common stock of the Company valued at $10.98 per share, less shares to cover applicable withholding taxes.
Performance Share Plan. You currently participate in the Company's Performance Share Plan and have outstanding awards for the years 1995-1997, 1996-1998, and 1997-1999. Pursuant to the current terms of the plan, you will receive a pro rata payment (two thirds of the payment due for 1996-1998 and one-third of the payment due for 1997-1999) of the awards as earned at the time they would normally be paid to the participants who remain actively employed. The award for earned 1995-1997 will be paid to you in full at the normal time in February, 1998. These payments will al be made in cash.
Performance Share Plan. In a later stage the total package of the applicable reward arrangements will be included in an updated version of the Compensation & Benefits Regulations for Chairman and Members Managing Board at ABN AMRO Bank N.V. (hereinafter referred to as the C&B Regulations) which will replace all the previous - verbal and/or written - agreements concluded with you. Blad: 2 Datum: 27 June 2001 Aan: Mr. R.W.J. Groenink As for now we want to inform you of the new reward principles in general. The various plan rules have to be further worked out in the next couple of months. We will come back to you to confirm the precise terms and conditions after the plan designs will be completed and approved. This means that variables as described below, eg the performance criteria for options and performance share plan, could be subject to changes. The provisions for the performance year 2001 are listed below:
Performance Share Plan. Equifax will take the actions required, including any necessary plan amendment, to provide that all IIS Group Employees or Efx Employees who are participants in Plan 15 (1995-1997) of the Equifax Inc. Performance Share Plan on the Stock Distribution Date shall be treated as if they had remained employed by Equifax Inc. pursuant to the provisions of said plan for the entire period. The effect of this treatment shall be that each such employee will receive 100% of the payment he or she would have been ultimately entitled to receive under "Plan 15" of said plan at the expiration of the performance period of the outstanding grants. Said payment shall be made in cash, and not in shares of Equifax Inc. stock, at the conclusion of the relevant performance period. Any other outstanding grants shall be cancelled. The Equifax Compensation Committee shall also revise the performance goals for the plan, for awards previously granted but not yet earned, to reflect the spinoff of a substantial portion of the company and a consequent change in certain anticipated measuring techniques. The Equifax Inc. Management Compensation Committee has adopted resolutions in order to effect this treatment under the Equifax, Inc. Performance Share Plan.
