Enter to open, tab to navigate, enter to select
Performance condition
Practical Law UK Glossary 7-204-1203 (Approx. 2 pages)
Glossary
Performance condition
Commonly used in the context of employee share incentive arrangements.
A target, set at the time an executive share option or share award, the attainment of which is required for the option or award to vest.
For more information, see Practice note, Performance conditions: overview.
Source: KPMG LLP. E-mail: [email protected]