Lapse of Performance Rights. A Performance Right will lapse upon the earliest to occur of: (a) the date nominated as the expiry date in the Offer; (b) the Performance Right lapsing in accordance with a provision of these Rules; and (c) failure to meet a Vesting Condition or any other condition applicable to the Performance Right within the prescribed period.
Appears in 4 contracts
Sources: Performance Rights Plan, Performance Rights Plan, Performance Rights Plan