Performance Stock definition

Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.
Performance Stock means an Award that entitles the recipient to receive Shares, without payment, following the attainment of designated Performance Goals.

Examples of Performance Stock in a sentence

  • In addition, to the extent permitted by applicable law and the applicable Award Agreement, the Board may determine that cash may be used in payment of Performance Stock Awards.

  • A Performance Stock Award may, but need not, require the completion of a specified period of Continuous Service.

  • A Performance Stock Award may, but need not, require the Participant’s completion of a specified period of Continuous Service.

  • The Plan provides for the grant of the following Awards: (i) Incentive Stock Options, (ii) Nonstatutory Stock Options, (iii) Stock Appreciation Rights (iv) Restricted Stock Awards, (v) Restricted Stock Unit Awards, (vi) Performance Stock Awards, (vii) Performance Cash Awards, and (viii) Other Stock Awards.

  • If the Stock Bonus is being earned upon the satisfaction of performance goals pursuant to a Performance Stock Bonus Agreement, then the Committee will: (a) determine the nature, length and starting date of any Performance Period for each Stock Bonus; (b) select from among the Performance Factors to be used to measure the performance, if any; and (c) determine the number of Shares that may be awarded to the Participant.


More Definitions of Performance Stock

Performance Stock means a type of Restricted Stock, where the lapse of restrictions is based on Performance Goals.
Performance Stock means an Award described in Article 9 herein.
Performance Stock means a grant of a stated number of shares of Common Stock to a Participant under the Plan that is forfeitable by the Participant until the attainment of specified performance goals, or until otherwise determined by the Committee or in accordance with the Plan, subject to the continuous employment of the Participant through the applicable Performance Period.
Performance Stock means a Target Amount of Shares granted pursuant to Section 11.
Performance Stock means a type of Restricted Stock, where the lapse of restrictions is based on achievement of one or more Performance Program Targets.
Performance Stock means any Share granted under Section 9.
Performance Stock means a Target Amount of Common Shares granted pursuant to Section 10(a).