Performance Stock Plan definition

Performance Stock Plan means the Southern Company Performance Stock Plan or any replacement thereto, as such plans may be amended from time to time.
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Performance Stock Plan means the Company's Performance Stock Plan.
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Performance Stock Plan means the Southern Company Performance Stock Plan or any successor thereto which is considered an "equitable arrangement" under Section 1.33 thereof, as such plans may be amended from time to time.
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Examples of Performance Stock Plan in a sentence

  • The Board of Directors of the Company (the "Board") shall cause the Performance Stock Plan to terminate as of the Effective Time and each Performance Stock Share outstanding at the Effective Time shall be cancelled and retired and shall cease to exist, and each holder of a certificate representing any such Performance Stock Shares shall cease to have any rights with respect thereto except as set forth in this Section 2.07.

  • During the Term, the Executive will be entitled to participate in the Company's Management and Consultants Performance Stock Plan (the "MCPP").

  • Stock Plan," when immediately preceded by "Southern," means the Southern Performance Stock Plan, pursuant to which employees and other service providers hold Options.

  • The Company shall grant to Executive, effective as of the Effective Date, 40,000 Performance Shares of the Company's Common Stock pursuant to the Company's 1996 Stock Incentive Plan and Performance Stock Plan with respect to the three (3) year performance period ending on October 31, 2000, to be distributed to Executive, if earned, no later than January 31, 2001.

  • The Company agrees that the Employee's existing Stock Options will be adjusted for the Spin-off in the same manner as other participants under the Performance Stock Plan.

  • The Company has no shares or units outstanding under the Company's Performance Stock Plan and will not be required to grant any shares or units or make any payments under such plan, either based on performance prior to the date hereof or as a result of the consummation of the transactions contemplated herein.


More Definitions of Performance Stock Plan

Performance Stock Plan means the Southern Company Performance Stock Plan or any successor thereto which is considered an "equitable arrangement" under Section 1.33 thereof, as such plans may be amended from time to time. 2.29 "Person" shall mean any individual, entity or group within the meaning of Section 13(d)(3) or 14(d)(2) of Exchange Act. 2.30 "Plan" shall mean the Southern Company Executive Change in Control Severance Plan. 2.31 "SEI" shall mean Southern Energy, Inc., its successors and assigns. 2.32 "SERI" shall mean Southern Energy Resources, Inc., its successors and assigns. 2.33 "SERI Participant" shall mean a Participant who is employed by SERI. 2.34 "Short Term Plan" shall mean the Southern Energy Resources, Inc. Short Term Plan, as amended from time to time. 2.35 "Southern" shall mean The Southern Company, its successors and assigns. 2.36 "Southern Board" shall mean the board of directors of Southern. 2.37 "Southern Subsidiary" shall mean any corporation or other entity Controlled by Southern. 2.38 "Support Employee" shall mean an Employee of the Company (which shall continue to be such Employee's Employing Company for purposes of this Plan) who: (a) Is involuntarily terminated without Cause within one year of the Change in Control of an Employing Company (other than the Company) and either (i) spent at least 40% of his working time performing services for such Employing Company at the time of the Change in Control and for the six months prior thereto, or (ii) is
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Performance Stock Plan means the Eagle Bancshares, Inc. Performance Stock Plan, effective as of April 1, 1999 and as amended in its entirety effective November 6, 2001.
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