Examples of Performance Share Award in a sentence

Any Shares issuable to you under your Performance Share Award will be issued within 60 days after the Committee’s determination of Relative TSR; provided however, that the Company’s obligation to issue such shares is subject to Section 5 of this Agreement.
The number of Shares issuable under your Performance Share Award (the “Performance Share Number”) will be equal to a percentage of the target number of Shares stated in your Award Notification (the “TSR Target”), as determined below.
Your Performance Share Award is determined by multiplying the Performance Share Number calculated as if you were employed by a member of the Company Group on the last day of the Performance Period multiplied by a fraction, the numerator of which is the number of days during the Performance Period you were employed, and the denominator of which is the number of days in the Performance Period.
If Relative TSR is less than Threshold TSR, your Performance Share Number will be 0 and there will be no Shares issued under your Performance Share Award.
This section applies to you if your Award includes a Performance Share Award.

More Definitions of Performance Share Award

Performance Share Award means an Award granted pursuant to Section 8.

Performance Share Award means an award of Performance Shares under this Plan.

Performance Share Award means an Award of a right to receive shares of Common Stock under Section 5.1, or to receive shares of Common Stock or other compensation (including cash) under Section 5.2, the issuance or payment of which is contingent upon, among other conditions, the attainment of performance objectives specified by the Committee.

Performance Share Award means an award of shares of Common Stock, the issuance of which is contingent upon attainment of performance objectives specified by the Committee.

Performance Share Award means an Award granted under Article XII of the Plan under which, upon the satisfaction of predetermined individual and/or Company (and/or Affiliate) performance goals and/or objectives, shares of Common Stock are paid to the Holder.

Performance Share Award means the conditional right to receive in the future one Common Share, awarded to a Participant under the Plan.

Performance Share Award means an Award of a right to receive shares of Common Stock made in accordance with Section 5.1, the issuance or payment of which is contingent upon, among other conditions, the attainment of performance objectives specified by the Committee.