Performance Stock Award definition

Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).
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Performance Stock Award or “Performance Stock” shall mean an Award granted under Article XII of the Plan under which, upon the satisfaction of predetermined Performance Goals, Shares are paid to the Holder.
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Performance Stock Award means an award of shares of Stock to be issued to an Eligible Person if specified predetermined performance goals are satisfied as described in Article VII.
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Examples of Performance Stock Award in a sentence

  • The Company hereby grants to the Grantee a Performance Stock Award as of the Grant Date.

  • Subject to the terms and conditions of the Plan, each Holder of a Performance Stock Award shall have all the rights of a stockholder with respect to the shares of Stock issued to the Holder pursuant to the Award during any period in which such issued shares of Stock are subject to forfeiture and restrictions on transfer, including without limitation, the right to vote such shares of Stock.

  • Any shares vesting pursuant to this Section 3(a)(v)(2) subject to a Performance Stock Award shall vest at the applicable maximum achievable Performance Level.

  • This Performance Stock Award shall not impose any obligation on the Company to continue your employment with the Company or any Subsidiary.

  • Pursuant to the Plan, you are hereby granted a Performance Stock Award, subject to the terms and conditions of this Award Agreement and the Plan.


More Definitions of Performance Stock Award

Performance Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(d).
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Performance Stock Award means an Award designated as a performance stock award granted to a Holder pursuant to Article IX.
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Performance Stock Award means either a Restricted Stock Award or a Restricted Stock Unit Award granted pursuant to the terms and conditions of Section 7(d)(i).
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Performance Stock Award means Awards granted pursuant to Section 16.
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Performance Stock Award means any Stock Award subject to vesting upon the achievement of any Performance Level regardless of the length of any performance period.
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Performance Stock Award means an Award under Article VIII of the Plan, that is conditioned upon the satisfaction pre-established performance goals.
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Performance Stock Award means an Award granted pursuant to Section 9 of the Plan.
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