Performance Rights definition

Performance Rights means Performance Rights issued by the Company that convert to one Ordinary Share in the capital of the Company upon vesting of various performance conditions.
Performance Rights means the performance rights issued pursuant to, and in accordance with the terms of, the Equity Incentive Plan;

Examples of Performance Rights in a sentence

  • As at 8.00am on the Second Court Date, 92 Energy has provided written confirmation to Xxxx that all of the 92 Energy Performance Rights on issue will vest and be converted into 92 Energy Shares with effect from the Effective Date, and any 92 Energy Shares resulting from the exercise will be issued and registered by 92 Energy before the Record Date.


More Definitions of Performance Rights

Performance Rights means Performance Rights (as that term is defined in the Performance Rights Plan) issued pursuant to the Performance Rights Plan.
Performance Rights means performance rights in the Company.
Performance Rights means rights granted to a Designated Participant to receive Shares or CDIs as evidenced by the Performance Right Register in accordance with the provisions hereof and a written acknowledgement entered into between the Corporation and the Designated Participant.
Performance Rights means a right that confers an entitlement to be issued one Share subject to the satisfaction of any performance criteria;
Performance Rights means a Performance Right that will convert into one ordinary share upon vesting and satisfaction of various milestones and performance conditions.
Performance Rights means the rights to obtain Common Shares for no consideration upon the achievement of certain performance targets pursuant to the Compensation Agreements, including such rights to obtain Common Shares as have received the approval of the Board of Directors but which may still be subject to Shareholder, stock exchange or any other approval;