Cash Performance Award definition

Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.
Cash Performance Award means an Award described in Section 3.5 that is settled in cash and does not have a value that is derivative of the value of, determined by reference to a number of shares of, or determined by reference to dividends payable on, Stock.
Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof, payable based upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period and subject to such conditions, in each case, as are set forth in the Plan and the applicable Award Agreement.

Examples of Cash Performance Award in a sentence

  • These rules apply to all Cash Performance payments you may be entitled to under this and any other Cash Performance Award under the Plan you may have, as if part of your original Award.

  • Annual Cash Performance Award No change to 2016 amounts, targets, calculation, or methodology under the current employment agreements.

  • Annual Cash Performance Award No change to 2016 amounts, targets, calculation, or methodology, under the current employment agreements.

  • Subject to adjustment as to the actual amount of the Cash Performance Award, and subject to Section 2(c), below, the Cash Performance Award will vest on the date that is determined under the Addendum to this Award Agreement (the “Vesting Date”); provided, however, that nothing in this Section 2(b) amends or otherwise modifies Sections 9.6 or 9.7 of the Plan.

  • Any purported encumbrance or disposition in violation of the provisions of this Section 2 shall be void AB INITIO, and the other party to any such purported transaction shall not obtain any rights to or interest in the Cash Performance Award.


More Definitions of Cash Performance Award

Cash Performance Award means a Performance Award payable in cash. The right of the Company to extinguish an Award in exchange for cash or the exercise by the Company of such right shall not make an Award otherwise not payable in cash a Cash Performance Award.
Cash Performance Award means an Award of the right to receive cash at the end of a Performance Period subject to the achievement, or the level of performance, of one or more Performance Targets within such Performance Period, as provided in Paragraph 20.
Cash Performance Award means an Award granted pursuant to Article X to an individual who is then a key executive Employee.
Cash Performance Award means any cash bonus or incentive award opportunity (i) the amount or vesting of which is to be determined on based on the achievement of performance criteria over a performance period that is scheduled to exceed one (1) year in duration, and (ii) that is granted to the Executive prior to, or after, the Effective Date under the terms of any of the Company’s equity or long-term incentive award plans or agreements (including, without limitation, the Company’s 2005 Stock and Incentive Plan).”
Cash Performance Award means a bonus payable in cash, as described in Section 3.6.
Cash Performance Award. A Performance Award payable in cash. The right of the Company under Section 4.a.(3) to extinguish an Award in exchange for cash or the exercise by the Company of such right shall not make an Award otherwise not payable in cash a Cash Performance Award.
Cash Performance Award means an Award that is denominated by a cash amount granted to an Eligible Person under Section 10 hereof and payable based upon the attainment of pre-established business and/or individual performance goals.