Performance Based Options definition

Performance Based Options mean has the meaning ascribed to it in Section 3.4(a)(ii);
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Performance Based Options has the meaning ascribed to such term in Section 1.5(a).
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Performance Based Options has the meaning specified in Section 2 of this Agreement.
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Examples of Performance Based Options in a sentence

  • XRationale: BLM resource specialists have determined that this will not establish a precedent for future action, or represent a decision in principle about future actions with potentially significant environmental effects, because this is a minor and routine action.2.6 Have a direct relationship to other actions with individually insignificant but cumulatively significant environmental effects.

  • Employee shall not be entitled to purchase any Performance Based Option Shares which underlie Performance Based Options for Bonus Periods which are subsequent to the Bonus Period in which such termination occurred.

  • It is the intention of the Company that, with respect to Awards designated as Performance Based Options, each of the members of the Compensation Committee shall also be "outside directors" within the meaning of Section 162(m) of the Code.

  • Such Performance Based Options shall be granted as soon as possible after the Effective Date provided that the Corporation is not then in a blackout period that has not been waived by the Board.

  • If you are not already eligible for benefits based on your regular (REG) employment earnings you may now be eligible if the combination of your fellowship and employment earnings meet the salary minimum outlined above.

  • If Performance Goals are achieved prior to the four (4) year anniversary of the date of the grant of such Performance Based Options, the remaining unvested shares of Performance Based Options associated with achievement of such Performance Goals shall continue to vest on a pro rata monthly basis over the remainder of such four (4) year period subject to your continued service with the Company through the applicable vesting dates.

  • Each group of Performance Based Options shall vest or be void in total on a group basis and there shall be no prorata vesting of Options within a group.

  • Upon achievement of specific Performance Goals, vesting of the number of shares of the Performance Based Options associated with achievement of such Performance Goals shall be accelerated so that such number of shares shall vest (or be deemed to have vested, as applicable) over a period of four (4) years on a pro rata basis monthly, commencing from the original date of the grant of such Performance Based Options.

  • The Options granted hereunder shall be allocated between Time Based Options, as defined below, and Performance Based Options, as defined below.

  • If the Performance Criteria is not met for a group of Performance Based Options, then no Options from that group shall vest except for the provisions provided for in the employment agreement.


More Definitions of Performance Based Options

Performance Based Options has the meaning set forth in Section 3(d).
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Performance Based Options means those Options which are granted to Recipients who are either senior corporate executive officers of the Company (as identified by the Board) or presidents of operating Subsidiaries and which are awarded based upon Company performance standards set by the Board.
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Performance Based Options has the meaning set forth in Section 3(b).
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Performance Based Options means Options that vest on the basis of the Corporation achieving certain measurable performance targets;
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Performance Based Options has the meaning attributed to such term in Section 3.1;
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Performance Based Options has the meaning set forth in Section 2.4(c) herein.
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Related to Performance Based Options

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.

  • Performance-Based Award means any Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder.

  • Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.

  • Performance-Based Cash Award means a right granted to a Participant under Article 9 to a cash award to be paid upon achievement of such performance goals as the Committee establishes with regard to such Award.

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

  • share-based award means an award under an equity incentive plan of equity-based instruments that do not have option-like features, including, for greater certainty, common shares, restricted shares, restricted share units, deferred share units, phantom shares, phantom share units, common share equivalent units, and stock.

  • Performance-based contracting means the structuring of all

  • Performance-Based Compensation means compensation qualifying as “performance-based compensation” under Section 162(m) of the Code.

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Other Share-Based Award means a right, granted under Section 5(h), that relates to or is valued by reference to Shares.

  • Performance-Based Exception means the performance-based exception from the tax deductibility limitations of Code Section 162(m).

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

  • Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.

  • 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.

  • option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;

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

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

  • 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.

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

  • Other Equity-Based Award means an Award that is not an Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, or Performance Share Award that is granted under Section 10 and is payable by delivery of Common Stock and/or which is measured by reference to the value of Common Stock.

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

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

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.