Performance Condition definition

Performance Condition means a condition related to performance which is specified by the Committee under Rule 3.1 (Terms of grant);
Performance Condition means any performance condition imposed under rule 3;
Performance Condition means a condition related to performance which is specified by the Committee under Rule 2.2;

Examples of Performance Condition in a sentence

  • In the event of an equity restructuring, the Committee shall adjust any Performance Condition to the extent it is affected by such restructuring in order to preserve (without enlarging) the likelihood that such Performance Condition shall be satisfied.

  • Each Class C Unit that has satisfied the Class C Units Performance Condition shall be treated in the same manner as a Profits Interest Unit which has no separate class designation with all of the rights, privileges and obligations attendant thereto and all references to Profits Interest Units in this Agreement shall refer equally to Class C Units.

  • Subject to Section 3, the Restricted Stock will vest if both the Time Based Vesting Condition and the Performance Condition are met within the Award Period (as defined below).

  • PSUs that have satisfied both the Time-Based Condition and the Performance Condition are referred to as “Vested PSUs”.

  • None of the PSUs shall vest unless and until both the Time-Based Condition and the Performance Condition are satisfied.


More Definitions of Performance Condition

Performance Condition means a performance condition established with respect to an Award in accordance with the provisions hereof.
Performance Condition means any condition to the vesting of an Award based on the performance of the Company (including one or more of its Subsidiaries), the performance of any branch, business unit of the Company (or of any Subsidiary), or the performance of an individual Participant (other than remaining employed by the Company or a Subsidiary), whether based on absolute or relative performance measures.
Performance Condition means a condition or conditions stated in the Award Statement for an Award or a Tranche of an Award, and/or the Award Letter, which determines the extent to which that Award or Tranche will Vest and/or become capable of settlement.
Performance Condition means a performance condition based on a Performance Goal established with respect to an Award in accordance with the provisions hereof.
Performance Condition means any performance condition imposed under rule ‎2.6;
Performance Condition means a condition stated in the Award Statement for an Award or a Tranche of an Award which determines the extent to which that Award or Tranche will become capable of settlement.
Performance Condition means one or more conditions which must be satisfied or