Common use of Performance Shares Clause in Contracts

Performance Shares. The term “Performance Shares” means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) .

Appears in 8 contracts

Sources: Severance Agreement (Keycorp /New/), Severance Agreement (Keycorp /New/), Severance Agreement (Keycorp /New/)

Performance Shares. The term “Performance Shares” means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) ).

Appears in 1 contract

Sources: Severance Agreement (Keycorp /New/)

Performance Shares. The term "Performance Shares” means " shall mean an award Award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is and contingent or accelerated upon attainment of one or more performance goals (absent death, disability, Performance Goals by the Company or a Change Subsidiary or any subunit of Control) the Company or of any Subsidiary over a Performance Period.

Appears in 1 contract

Sources: Annual Report

Performance Shares. The term "Performance Shares" means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) .

Appears in 1 contract

Sources: Severance Agreement (Keycorp /New/)

Performance Shares. The term “Performance Shares” means an award denominated in Common Shares or phantom Common Shares (regardless of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) ).

Appears in 1 contract

Sources: Employment Agreement (Keycorp /New/)

Performance Shares. The term “Performance Shares” Shares means an award denominated Award, in the amount determined by the Administrator and specified in an Agreement, stated with reference to a specified number of shares of Common Shares or phantom Stock, that entitles the holder to receive a payment for each specified share equal to the Fair Market Value of Common Shares (regardless Stock on the date of whether payable in stock or cash) the vesting of which is contingent or accelerated upon attainment of one or more performance goals (absent death, disability, or a Change of Control) payment.

Appears in 1 contract

Sources: 2007 Equity Compensation Plan (Eastern Virginia Bankshares Inc)