Performance Share Value definition

Performance Share Value means the lowest Fair Market Value of SNC Common ----------------------- Stock during a Valuation Period.
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Performance Share Value means the lowest Fair Market Value of Stock during a Valuation Period.
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Performance Share Value means the Phantom Equity Value divided by the sum of (a) the number of Printpack Holdings, Inc.'s outstanding common shares at the end of the year, (b) the number of outstanding Performance Shares at the end of the year, including the current year's purchase of Performance Shares, and (c) the number of outstanding EVA Performance Shares at the end of the year, including the current year's purchase of EVA Performance Shares.
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Examples of Performance Share Value in a sentence

  • Therefore, the Performance Share Value for the Grant of Performance Shares was 100 x $25.00 = $2,500.

  • In the event that a Participant voluntarily terminates employment with the Company, the Participant will receive the lesser of either the Performance Share Value times the Number of Performance Shares held by the Participant as of the date of such termination, or the Investment Amount related to those Performance Shares, in either case, in redemption of the Performance Shares.

  • A participant who retires from the Company or suffers a "permanent incapacitating disability" while in the employ of the Company shall receive the Performance Share Value of all Performance Shares held by such Participant in redemption of such Performance Shares, whether those Performance Shares were vested or not.

  • A Performance Share award will be earned based on the ------------------ Performance Share Value during each of the five Valuation Periods following the date of award.

  • Upon termination of the Plan or suspension for a period of more than 90 days, the Performance Share Value of all Vested Performance shares shall be distributed to each Participant, in redemption of all such Performance Shares, in two equal annual installments in each of the two Septembers following the termination.

  • The number of shares of Parent Common Stock subject to your Performance Share Award on the date of grant (the “Grant Date Performance Shares”) will equal the quotient of (i) the Performance Share Value divided by (ii) the fair market value of a share of Parent Common Stock on the date of grant, determined pursuant to the terms of the Parent Plan.

  • Provided, however, that no such change in the Plan shall be effective to eliminate or diminish the Performance Share Value of Performance Shares issued to Participants prior to the date of such amendment, suspension or termination.

  • Upon a Change in Control an Outside Director shall be entitled to receive and the Company shall pay the Outside Director a severance payment in an amount equal to three times the sum of the Outside Director’s Cash Retainer and the Performance Share Value.

  • A Performance Share award will be earned based on the Performance Share Value during each of the five Valuation Periods following the date of award.

  • A participant whose employment is terminated without cause or who dies shall receive the Performance Share Value of all Performance Shares held by such Participant In redemption of such Performance Shares, whether those Performance Shares were vested or not.


More Definitions of Performance Share Value

Performance Share Value means the Phantom Equity Value divided by the sum of the number of the Company's outstanding common shares plus the number of outstanding Performance Shares.
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Related to Performance Share Value

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

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

  • 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.

  • 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.

  • 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.

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

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

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • 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.

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

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

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 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;

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

  • Cash Award means an award denominated in cash.

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

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

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).