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Marvell Technology Group (MRVL)
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MRVL » Topics » (z) Participant means the holder of an outstanding Award.

This excerpt taken from the MRVL 8-K filed Oct 25, 2007.

(z)            “Participant” means the holder of an outstanding Award.

 

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(aa)         “Performance Share” means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 13.

(bb)         “Performance Unit” means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 13.

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