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Performance Accelerated Restricted Stock Award Plans |
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Performance Accelerated Restricted Stock Award Plans ("PARSAPs") Also known as performance-accelerated restricted stock ("PARS") and time-accelerated restricted stock award plans ("TARSAPs"). Grants of restricted stock or restricted stock units which may vest early upon attainment of specified performance objectives. Otherwise, a time-vesting schedule would remain in effect. Performance Accelerated Restricted Stock Award Plans A plan in which a company grants an employee restricted stock, which vests after a certain period of time or when a certain performance benchmark is reached, whichever comes first. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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