PBA Target Share Award definition

PBA Target Share Award means the number of unrestricted shares of Common Stock set forth on Annex A (which number represents the number of unrestricted shares that can be awarded to the Grantee under this PBA if the Target Level of 100% for each of the Long-Term Performance Measures is achieved);
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PBA Target Share Award means one-half of the Maximum Share Award set forth on Annex A;
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PBA Target Share Award to be awarded is 50% of the Maximum Share Award (as defined on Annex A). Share Award Schedule Degree of Attainment of Target Level of Long-Term Performance Measure Percentage of PBA Target Share Award to be awarded to Grantee 112.5% or more 200% 106.25% 125% 100% 100% 93.75% 50% less than 93.75% 0 Interpolation shall be used, on a ratable basis, to determine the number of unrestricted shares of Common Stock to be awarded when the degree of attainment of the Long-Term Performance Measure is between two percentages in the left hand column above. HEXCEL CORPORATION Definition and Computation of RONCE For Purposes Of Performance Share Awards for 2009-2011 Performance Cycle Computation: “RONCE” shall be computed by dividing the Average return by the Average Capital employed and expressed as a percentage: Average Return Average Capital Employed Definitions:
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Examples of PBA Target Share Award in a sentence

  • If a Change in Control occurs anytime during the Long-Term Performance Period and prior to the Grantee’s receiving any award under this PBA, the Grantee shall immediately be awarded the PBA Target Share Award.

  • Delivery of the PBA Target Share Award shall discharge any obligation to the Grantee under this PBA in its entirety and the Grantee shall not be entitled to any additional award under this PBA.

  • Notwithstanding any other provision of this Agreement, if a Change in Control occurs any time on or after the start of the Long-Term Performance Period and prior to the Grantee’s receiving any award under this Agreement, then the Grantee shall immediately be awarded the PBA Target Share Award, and any shares of Common Stock underlying any Additional Restricted Units that have been credited to the Grantee pursuant to Section 6(c).

  • ROIC Long-Term Performance Measure Share Award Schedule Level of Attainment of Long-Term Performance Measure Percentage of PBA Target Share Award to be awarded to Grantee Maximum Level 150% Target Level 75% Threshold Level 37.5% Less than Threshold Xxxxx 0 Xxxxxxxxxxxxx xxxxx xx used, on a ratable basis, to determine the number of PBA Shares to be awarded when the degree of attainment of the ROIC Long-Term Performance Measure is between two levels in the left hand column above.

  • If a Change in Control occurs anytime during the Long-Term Performance Period and prior to the Grantee’s receiving any payment under this PBA, the Grantee will immediately be awarded the PBA Target Share Award.

  • ROIC Long-Term Performance Measure Share Award Schedule Level of Attainment of Long-Term Performance Measure (ROIC) Percentage of PBA Target Share Award to be awarded to Grantee Maximum Level 134% Target Level 67% Threshold Level 33.5% Less than Threshold Level 0 Interpolation shall be used, on a ratable basis, to determine the number of PBA Shares to be awarded when the degree of attainment of the ROIC Long-Term Performance Measure is between two levels in the left hand column above.

  • Notwithstanding any other provision of this Agreement, if a Change in Control occurs any time on or after the start of the Long-Term Performance Period and prior to the Grantee’s receiving any award under this PBA, then the Grantee shall immediately be awarded the PBA Target Share Award.

  • Payment of the PBA Target Share Award shall discharge any obligation the Company has or may have to the Grantee under this PBA in its entirety and the Grantee shall not be entitled to payment of any additional amounts from the Company under this PBA.


More Definitions of PBA Target Share Award

PBA Target Share Award to be awarded is 50% of the Maximum Share Award (as defined on Annex A). Share Award Schedule Degree of Attainment of Target Level of Long-Term Performance Measure Percentage of PBA Target Share Award to be awarded to Grantee 120% or more 200% 100% 100% 80% 50% less than 80% 0 Interpolation shall be used, on a ratable basis, to determine the number of unrestricted shares of Common Stock to be awarded when the degree of attainment of the Long-Term Performance Measure is between two percentages in the left hand column above. Exhibit I HEXCEL CORPORATION Definition and Computation of RONCE For Purposes Of Performance Share Awards for 2010-2012 Performance Cycle Computation:
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Related to PBA Target Share Award

  • Share Award means an Award of Shares granted pursuant to Section 10.

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

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Restricted Share Award means an award of Restricted Shares.

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

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • 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 Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • 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.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • 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.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the 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.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Deferred Share Unit or “DSU” 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 7;

  • 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.

  • 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).

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

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