Performance Unit Award definition

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 Award means an award of Performance Units under this Plan.
Performance Unit Award means an Award designated as a performance unit award granted to a Holder pursuant to Article IX.

Examples of Performance Unit Award in a sentence

  • This Performance Unit Award Agreement and the Notice of Performance Unit Award and Agreement dated February 22, 2017, a copy of which is attached hereto and incorporated herein by reference, establishes the terms and conditions for the Company’s grant of an award of « No of_Perf_Units » Performance Units (the “Award”) to the Grantee pursuant to the Plan.


More Definitions of Performance Unit Award

Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined individual and/or Company (and/or Affiliate) performance goals and/or objectives, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.
Performance Unit Award means an Award in the form of Performance Units.
Performance Unit Award means an Award made pursuant to Section 8 hereof, the payment of which is contingent upon the achievement of the Performance Goals for the particular Performance Period.
Performance Unit Award means an award granted pursuant to Section 8.
Performance Unit Award means an Award granted under Article IX.
Performance Unit Award means a grant of a right to receive a designated dollar value amount of Shares or Stock Units contingent on the achievement of performance or other objectives during a specified period.
Performance Unit Award means a contractual right granted to an Eligible Person under Section 10 hereof representing unit interests equal to a pre-determined dollar amount that is forfeitable until the achievement of pre-established performance objectives over a performance period.