Common use of Performance Shares Clause in Contracts

Performance Shares. The term “Performance Shares” means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) .

Appears in 8 contracts

Samples: Severance Agreement (Keycorp /New/), Severance Agreement (Keycorp /New/), Severance Agreement (Keycorp /New/)

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Performance Shares. The term “Performance Shares” means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) ).

Appears in 1 contract

Samples: Employment Agreement (Keycorp /New/)

Performance Shares. The term "Performance Shares” means " shall mean an award Award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is and contingent or accelerated upon attainment of one or more performance goals (absent death, disability, Performance Goals by the Company or a Change Subsidiary or any subunit of Control) the Company or of any Subsidiary over a Performance Period.

Appears in 1 contract

Samples: Annual Report

Performance Shares. The term “Performance Shares” means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) ).

Appears in 1 contract

Samples: Severance Agreement (Keycorp /New/)

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Performance Shares. The term "Performance Shares" means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) .

Appears in 1 contract

Samples: Severance Agreement (Keycorp /New/)

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