Company Performance Units definition

Company Performance Units means an award of performance units whose value is determined by reference to a cash amount but which is payable in shares of Company Common Stock, and which are subject to performance-based vesting criteria.
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Company Performance Units means the Performance Units described under the Company Stock Plans.
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Examples of Company Performance Units in a sentence

  • In each case, payment with respect to any Company Performance Units shall be made within five (5) Business Days after the Closing Date.

  • There are no accrued or unpaid dividends or dividend equivalent rights with respect to any Company Shares, Company Performance Units, or Company RSU Awards, except for the Per Share Accrued Dividend Equivalents.

  • Amounts so deducted and withheld shall be promptly paid over to the appropriate taxing authority, and shall be treated for all purposes under this Agreement as having been paid to the holder of Certificates, Book-Entry Shares, Company Restricted Share Units, Company Performance Units or Other Equity-Based Rights, as applicable, in respect of which such deduction or withholding was made.

  • After the Effective Time, the Company Stock Plan shall be terminated and no further Company Restricted Share Units or Company Performance Units shall be granted thereunder.

  • Parent shall cause to be provided to the Company or the Surviving Corporation, on a timely basis, all of the funds necessary to make the cash payments to holders of Company Stock Options, Company Restricted Stock, Company RSUs, Company PSUs, Company Performance Units and Company Cash Awards contemplated by this Section 3.02.

  • As of December 14, 2010 there were outstanding 38,688,190 Shares (of which an aggregate of 100,000 represent shares issuable upon the vesting of Company Restricted Stock Units), no shares of preferred stock, Company Stock Options to purchase an aggregate of 6,332,614 Shares (of which options to purchase an aggregate of 5,464,893 Shares were exercisable) and no Company Performance Units.

  • Section 4.05 of the Company Disclosure Schedule contains a list of (i) each outstanding Company Stock Option, including the holder, date of grant, exercise price, number of Shares subject thereto and the number of such Shares that have vested and (ii) all outstanding Company Restricted Shares and Company Performance Units, including with respect to each such share or unit, the holder, date of grant and number vested, and such list is complete and accurate in all material respects.

  • As of January 20, 2008 there were outstanding 34,844,346 Shares (of which an aggregate of 16,150 are Company Restricted Shares), no shares of preferred stock, Company Stock Options to purchase an aggregate of 4,895,184 Shares (of which options to purchase an aggregate of 3,922,382 Shares were exercisable) and Company Performance Units with respect to 43,104 Shares.

  • All outstanding shares of capital stock of the Company have been, and all shares that may be issued upon exercise of Company Stock Options or delivered in settlement of Company Performance Units will be, when issued in accordance with the respective terms thereof, duly authorized and validly issued and fully paid and nonassessable and free of preemptive rights.

  • Each of Parent, the Surviving Corporation and the Exchange Agent shall be entitled to deduct and withhold from the consideration otherwise payable pursuant to this Agreement to any holder of Certificates, Book-Entry Shares, Company Restricted Share Units, Company Performance Units or Other Equity- Based Rights such amounts for Taxes as may be required to be deducted and withheld with respect to the making of such payment under applicable Tax Law.