Cash Performance Unit definition

Cash Performance Unit means a right to receive a Target Amount of cash in the future granted pursuant to Section 10(b).
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Cash Performance Unit means a right, granted under Section 5(i), which is intended as of date of grant to be paid in the form of cash, to be based on Company or individual performance measured over an annual or shorter or longer-term performance period.
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Cash Performance Unit means a Cash Award with each unit equal to the Fair Market Value of one share of Common Stock on the vesting date as determined pursuant to Section 3.
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Examples of Cash Performance Unit in a sentence

  • A Cash Performance Unit with respect to which the terms and conditions are set forth in Section 3(c) of this Agreement.

  • A Cash Performance Unit shall entitle a Participant to receive, subject to the terms, conditions and restrictions set forth in the IMAX LTIP and established by the Committee in connection with the Award and specified in the applicable Award Document, a Target Amount of cash based upon the achievement of Performance Targets over the applicable Performance Period.

  • A Cash Performance Unit with respect to which the terms and conditions are set forth in Section 3(g) of this Agreement.

  • A Cash Performance Unit shall entitle a Participant to receive, subject to the terms, conditions and restrictions set forth in the Plan and established by the Committee in connection with the Award and specified in the applicable Award Document, a Target Amount of cash based upon the achievement of Performance Targets over the applicable Performance Period.

  • Cash Performance Unit Plan” or “CPUP” means the McDonald’s Cash Performance Unit Plan, the long-term incentive plan for eligible Officers or, if applicable, such other long-term cash incentive plan of an Employer as may be in effect as of a Qualifying Employee’s Termination Date.Cause.

  • A Cash Performance Unit shall entitle a Participant to receive, subject to the terms, conditions and restrictions set forth in the LTIP and established by the Committee in connection with the Award and specified in the applicable Award Document, a Target Amount of cash based upon the achievement of Performance Targets over the applicable Performance Period.

  • A Cash Performance Unit shall entitle a Participant to receive, subject to the terms, conditions and restrictions set forth in this Plan and established by the Committee in connection with the Award and specified in the applicable Award Agreement, a target amount of cash based upon the achievement of performance goals over an applicable performance period.

  • The Cash Performance Unit Grant for the number of Units specified above is granted to you under, and governed by the terms and conditions of, the Plan and this Grant Agreement.

  • The target performance value of each Cash Performance Unit is $1.00 (the “Target Performance Value”).

  • You are eligible for a payout under the Cash Performance Unit Plan (“CPUP”) consistent with the administrative guidelines for the 2007-2009 CPUP awards and based on McDonald’s performance as determined by the Compensation Committee at the end of the 2007-2009 CPUP performance cycle.


More Definitions of Cash Performance Unit

Cash Performance Unit means a Cash Award (as defined in the Plan), with each unit equal to the fair market value of one share of Common Stock on the Vesting Date (as defined in Section 7).
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Cash Performance Unit means a Cash Award with each unit equal to the fair market value of one share of Common Stock on the Vesting Date.
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Cash Performance Unit means performance units payable in cash that do not involve the issuance of Common Stock and whose value is not measured by Common Stock.
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Related to Cash Performance Unit

  • 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.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • 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 Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Stock Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

  • Share Unit means either an RSU or a PSU, as the context requires.

  • Performance Unit Agreement means a written agreement between the Company and a Holder with respect to a Performance Unit Award.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Performance Cash means any cash incentives granted pursuant to Article 9 payable to the Participant upon the achievement of such performance goals as the Committee shall establish.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Qualified Performance-Based Award means an Award intended to qualify for the Section 162(m) Exemption, as provided in Section 11.

  • Cash Award means an award denominated in cash.

  • Stock-Based Award means any Award, denominated in Shares, made pursuant to this Plan, including Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Units, Performance Awards or Other Stock-Based Awards.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).