Examples of Performance Rights Plan in a sentence
The contracts provide for the provision of performance related bonuses and participation in the Comet Ridge Employee Performance Rights Plan.
Unlike the EPR Plan, in order to achieve vesting of awards granted under the PIR Plan, the executive must satisfy certain performance hurdles set by the Board at the commencement of each year.A full description of both Plans can be found in section 8.4 and in the Appendix.Long Term Incentive Plan or LTI Plan means the Partnership Incentive Rights Plan (PIR Plan) established under the Westfield Performance Rights Plan.
Typically these measures are both financial and non-financial.Performance Bonus means that part of the STI which is paid in cash.Equity Linked Plans or Plans means the Executive Performance Rights Plan (EPR Plan) and the Partnership Incentive Rights Plan (PIR Plan), both of which Plans are established under the Westfield Performance Rights Plan.
There are no loans to be granted to Mr Pawson in connection with his participation in either the Kina Performance Rights Plan - STI Award or the LTI Award.
Performance Rights granted under the Performance Rights Plan will be issued for nil cash consideration.
Indirect:87,719 Performance Share Units held bySolium Nominees (Australia) Pty Ltd as custodian for the CSL Limited Performance Rights Plan (the Plan).
Each of these agreements provide for the provision of performance related cash bonuses and participation, when eligible, in the Peet Limited Employee Share Option Plan and/or the Peet Limited Performance Rights Plan.
If Shares of the same class as those issued under the Performance Rights Plan are quoted on the ASX, the Company will, subject to the Listing Rules, apply to the ASX for those Shares to be quoted on ASX within 10 business days of the later of the date the Shares are issued and the date any Restriction Period applying to the Shares ends.
Information relating to the Employee Performance Rights Plan, including details of rights issued under the plan, is set out in note 25.
The Board of Directors, in its discretion, has the ability to accelerate the vesting of Performance Rights upon the occurrence of a Change in Control (as defined under the Performance Rights Plan).