Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.
Vest means to become exercisable or to otherwise obtain ownership rights in an award.
Vesting Date has the meaning set forth in Section 3.10(c)(ii).
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.
Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.
Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).
Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.
Vesting Event means the earliest to occur of the following events:
Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Vesting mean that the Units have become non-forfeitable. If Employee has a Termination of Employment prior to the Stated Vesting Date and the Units are not otherwise deemed vested by that date, the Units will be immediately forfeited except as otherwise provided in Section 4 of the Terms and Conditions.
Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.
Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.
Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the 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 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.
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Top-Up Option has the meaning set forth in Section 1.04(a).
Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).
Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.
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.
Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).