Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.
Performance-Based Restricted Stock means Restricted Stock that is subject to a risk of forfeiture if specified performance criteria are not met within the restriction period.
Performance-Based Restricted Stock means Restricted Stock that is subject to forfeiture unless specified Performance Targets are satisfied during the Performance Period.
Examples of Performance-Based Restricted Stock in a sentence
On the Grant Date, the Participant shall acquire, subject to the provisions of this Agreement, the target number of Performance-Based Restricted Stock Units as specified below (the “Units”).
More Definitions of Performance-Based Restricted Stock
Performance-Based Restricted Stock means Shares of Restricted Stock issued or transferred to an Eligible Individual under Section 10.2.
Performance-Based Restricted Stock means the Executive’s restricted stock (including “restricted stock units” or other rights to receive common stock of the Company) that is (i) validly issued under any of the Company’s equity incentive plans, (ii) outstanding as of the Effective Date or the date of a Triggering Event, as applicable, and (iii) subject to performance-based vesting.
Performance-Based Restricted Stock means an Award of Restricted Stock which meets the requirements of Section 162(m)(4)(C) of the Code, as described in Section 8(b) of the Plan.
Performance-Based Restricted Stock means a Restricted Stock Award for which the Committee, in determining the amount of payout, will take into account the Performance Targets.
Performance-Based Restricted Stock means shares of Stock awarded to a Participant which, in accordance with rules established by the Committee prior to the grant of such award, are subject to forfeiture in full or in part or with respect to which additional shares of Stock may be granted on the basis of the degree of attainment of Performance Goals (as defined below) within a Performance Period (as defined below). Shares of Performance-Based Restricted Stock shall be evidenced in such manner as the Committee may deem appropriate, including by book-entry registration or issuance of one or more stock certificates. Any certificate issued in respect of shares of Performance-Based Restricted Stock shall be registered in the name of the Participant and shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to such award. The Committee may require that such certificates be held in the custody of the Company or other escrow agent until the restrictions thereon lapse.
Performance-Based Restricted Stock or "PBRS" means Restricted Stock with performance conditions other than the mere passage of time or continued employment or service which satisfy the requirements as performance-based -13-
Performance-Based Restricted Stock means that in determining the amount of a Restricted Stock Award payout, the Plan Administrator will take into account the performance of the Participant, the Company, one or more Subsidiaries, or any combination thereof.