Performance Share Amount definition

Performance Share Amount means, for any grant of Performance Shares, the amount that would have been distributed to the Participant, but for an election to defer such amount under the Plan.
Performance Share Amount means, for any grant of Performance Shares, an amount equal to the value of Stock which would have been distributed to the Participant upon vesting of such Performance Shares, calculated using the average of the reported high and low prices for the Stock as of the day such Performance Shares would otherwise vest (if a business day) or as of the next following business day. Effective for Performance Shares deferred on or after November 2, 2005, such value shall be calculated using the closing price for the Stock as of the day such Performance Shares would otherwise vest (if a business day) or as of the next following business day.
Performance Share Amount means a lump-sum cash payment equal to the greater of (i) the target award for the Participant for the award period beginning on January 1 of the year immediately prior to the calendar year in which the Change in Control occurs or (ii) 50% of the Participant's annual rate of salary or wages, including any amounts deferred at the election of the Participant, in effect immediately prior to the Change in Control.

Examples of Performance Share Amount in a sentence

  • Except as otherwise provided in this Section 6, the CoC Earned Performance Share Amount shall be paid in a cash lump-sum during, and no later than March 15 of, the calendar year that immediately follows the last day of the Performance Cycle.

  • The Participant's Annual Performance Share Amount shall be credited to his or her Performance Share Account no later than the close of business on the first business day after the day on which the Participant would have become vested in the Performance Shares to which such amount relates but for the election to defer.

  • At the meeting, the content of the SARs are discussed to determine the possible underlying criminal activity and decide which agency will take further investigative action, if needed.South Florida has always been a favorite destination for international visitors and political figures, whether it is for vacation or to purchase property along its sandy and sunny beaches.

  • Notwithstanding the foregoing, a Participant’s election to defer restricted stock which was made on or prior to December 31, 2004 under the terms of the Prior Plan Statement with respect to restricted stock which vests on or after January 1, 2005 shall be treated as an Annual Performance Share Amount under this Plan restatement.

  • The Committee has determined the Target Performance Share Amount of the Performance Award for each Participant in the following amounts:Larry T.

  • For example, a greater engagement with the Consortium of International Agricultural Research Centers (CGIAR) or an expanded focus on climate change would probably require a more integrated perspective to the ‘culture of research’.

  • Geckle 11,233 The amount of Performance Shares set forth above with respect to each Participant represents the Target Performance Share Amount that the Relative Performance Multiplier is applied to at the end of the Long-Term Performance Period.

  • For Participants who become eligible to participate in the Plan after July 1, 2005, the Target Performance Share Amount shall be adjusted to that pro-rata portion calculated by dividing the number of days during the Performance Period such Participant was an Employee by the number of days of the Performance Period.

  • Please contact Matt or Lon to inquire about serving (we’ll keep your secret if unsure), and you can contact Ed or Adam to ask the NWAR or GNMLS Nominating Committee to consider you for a potential board candidate.

  • At or immediately following the Effective Time, you shall receive, with respect to each of your 2009 and 2010 NHP performance shares (as listed in Exhibit B), a number of shares of common stock of the Company (“Company Common Stock”) equal to the greater of the Actual Performance Share Amount (as defined below) or the Target Performance Share Amount (as defined below).


More Definitions of Performance Share Amount

Performance Share Amount. [______________] shares of Common Stock

Related to Performance Share Amount

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(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 Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • 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.

  • 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 Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

  • Net Share Amount has the meaning set forth in Section 3.03(c).

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

  • 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 Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

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

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Share Amount means a fraction of ETF Shares calculated in accordance with

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Per Share Amount has the meaning set forth in Section 3.01(c).

  • Plan Share Award means a right granted under this Plan to receive Plan Shares.

  • Share Unit means either an RSU or a PSU, as the context requires.

  • Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.

  • Stock Bonus Award means an Award granted under Section 10 of this Plan.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.