Performance Share definition: Copy, customize, and use instantly
Introduction
A "Performance Share" is a form of equity compensation where an employee or executive is granted shares based on the achievement of specific performance goals. These shares are typically awarded after a predetermined period, and the performance metrics can include financial targets, operational goals, or stock price performance. The "Performance Share" is often used to align the interests of the employee with those of the company and shareholders by incentivizing results-driven performance.
Below are various examples of how "Performance Share" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Performance Share" in an executive compensation plan
This definition connects "Performance Share" to executive compensation.
"Performance Share" refers to an equity award granted to executives based on the achievement of specific performance criteria, such as revenue growth or stock price appreciation, during a defined performance period.
Definition of "Performance Share" in a long-term incentive plan
This definition links "Performance Share" to long-term incentives.
"Performance Share" means a type of long-term incentive award where the employee or executive receives shares based on the company's performance relative to predetermined targets over a multi-year period.
Definition of "Performance Share" in a stock-based incentive plan
This definition connects "Performance Share" to stock-based incentives.
"Performance Share" refers to a stock-based incentive where employees are granted shares contingent upon meeting specific performance benchmarks, typically tied to the company’s financial results or stock price.
Definition of "Performance Share" as a conditional equity award
This definition ties "Performance Share" to conditional equity awards.
"Performance Share" means a conditional equity award that grants shares of stock to the employee or executive if certain performance criteria are met during the performance period.
Definition of "Performance Share" in a corporate bonus plan
This definition links "Performance Share" to a bonus structure.
"Performance Share" refers to an equity compensation component in a corporate bonus plan, where employees are granted shares of stock based on achieving specific financial or operational performance goals.
Definition of "Performance Share" in a performance-based stock award
This definition connects "Performance Share" to performance-based stock awards.
"Performance Share" refers to a type of performance-based stock award, where the number of shares granted is determined by the company’s performance against predefined targets over a specified period.
Definition of "Performance Share" as a performance-linked equity grant
This definition ties "Performance Share" to equity grants linked to performance.
"Performance Share" means an equity grant provided to an employee or executive based on the achievement of performance goals set by the company, with the number of shares varying depending on the level of performance.
Definition of "Performance Share" in a corporate incentive program
This definition connects "Performance Share" to incentive programs.
"Performance Share" refers to an award of stock granted under a corporate incentive program, contingent upon the achievement of specific performance targets, such as earnings or stock price.
Definition of "Performance Share" in an employee stock ownership plan (ESOP)
This definition links "Performance Share" to ESOPs.
"Performance Share" means a type of stock award granted under an employee stock ownership plan (ESOP), where employees receive shares based on the achievement of performance objectives over a set time period.
Definition of "Performance Share" in a restricted stock award plan
This definition connects "Performance Share" to restricted stock awards.
"Performance Share" refers to a restricted stock award where shares are granted to employees subject to the condition of meeting specific performance targets within a set performance period.
Definition of "Performance Share" in a stock incentive compensation plan
This definition ties "Performance Share" to stock incentives.
"Performance Share" means an equity-based award granted as part of a stock incentive compensation plan, where the number of shares granted is contingent on the company’s performance relative to predefined financial or operational goals.
Definition of "Performance Share" in a CEO compensation agreement
This definition links "Performance Share" to CEO compensation.
"Performance Share" refers to an equity award included in a CEO’s compensation agreement, contingent upon achieving specific performance goals related to the company’s long-term financial performance.
Definition of "Performance Share" in a compensation package for senior executives
This definition connects "Performance Share" to executive compensation packages.
"Performance Share" means an equity award granted as part of a senior executive’s compensation package, where the shares granted are based on the achievement of company performance goals.
Definition of "Performance Share" in a deferred compensation plan
This definition ties "Performance Share" to deferred compensation.
"Performance Share" refers to a stock award given under a deferred compensation plan, where shares are granted based on performance measures and are subject to vesting over a period of time.
Definition of "Performance Share" in an incentive stock option plan
This definition connects "Performance Share" to stock options.
"Performance Share" means a stock award that forms part of an incentive stock option plan, with the number of shares granted depending on performance targets being met over a designated time frame.
Definition of "Performance Share" in a profit-sharing plan
This definition links "Performance Share" to profit-sharing plans.
"Performance Share" refers to an equity-based reward given to employees under a profit-sharing plan, where shares are granted based on meeting certain performance criteria set by the company.
Definition of "Performance Share" in a total compensation strategy
This definition ties "Performance Share" to total compensation.
"Performance Share" means a stock award included as part of a company’s total compensation strategy, used to incentivize and retain key employees or executives based on company performance.
Definition of "Performance Share" in a corporate governance context
This definition connects "Performance Share" to corporate governance.
"Performance Share" refers to an equity award used as a governance tool to align the interests of executives with those of shareholders, by linking executive compensation to the performance of the company.
Definition of "Performance Share" in a salary review process
This definition links "Performance Share" to salary reviews.
"Performance Share" means an equity award linked to the salary review process, where the performance of the employee or executive directly influences the amount of stock granted.
Definition of "Performance Share" in an executive bonus scheme
This definition ties "Performance Share" to bonus schemes.
"Performance Share" refers to an equity award used in an executive bonus scheme, where the number of shares granted is based on the executive’s performance against defined financial or operational goals.
Definition of "Performance Share" in a stockholder agreement
This definition connects "Performance Share" to stockholder agreements.
"Performance Share" refers to an award granted to an employee or executive under the terms of a stockholder agreement, with performance metrics determining the number of shares granted.
Definition of "Performance Share" in a restricted stock unit plan
This definition ties "Performance Share" to RSUs.
"Performance Share" means a stock unit granted under a restricted stock unit (RSU) plan, with shares awarded upon achieving specific performance goals during the performance period.
Definition of "Performance Share" in a peer performance evaluation
This definition links "Performance Share" to peer evaluations.
"Performance Share" refers to an award based on a peer performance evaluation, where employees receive shares based on how their performance compares with others in the company.
Definition of "Performance Share" in a senior executive’s compensation structure
This definition ties "Performance Share" to executive pay structures.
"Performance Share" refers to a performance-based equity compensation provided to senior executives, with the amount awarded tied to meeting pre-set company performance targets.
Definition of "Performance Share" in a company-wide incentive program
This definition connects "Performance Share" to company-wide incentives.
"Performance Share" refers to a form of company-wide incentive where employees receive stock based on collective company performance against established financial or operational goals.
Definition of "Performance Share" in an achievement-based equity grant
This definition links "Performance Share" to achievement-based grants.
"Performance Share" refers to an equity grant that is contingent on the employee or executive achieving specific performance goals, typically related to company financial results or individual performance metrics.
Definition of "Performance Share" in a leadership development program
This definition connects "Performance Share" to leadership programs.
"Performance Share" means an equity award offered as part of a leadership development program, where participants earn shares by meeting leadership and performance targets.
Definition of "Performance Share" in an equity compensation package
This definition ties "Performance Share" to equity compensation.
"Performance Share" refers to part of an employee's equity compensation package, where shares are granted based on achieving performance criteria set by the employer.
Definition of "Performance Share" in a stock price performance program
This definition links "Performance Share" to stock price programs.
"Performance Share" refers to a form of equity compensation where shares are granted to employees if the company’s stock price achieves a certain target during the performance period.
Definition of "Performance Share" in a bonus payout scheme
This definition ties "Performance Share" to bonus payouts.
"Performance Share" means a bonus payout in the form of equity, where the number of shares granted depends on meeting performance targets.
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