CHOICE HOTELS INTERNATIONAL INC /DE
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
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Dec 31, 2024 · Filed Apr 15, 2025
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Contents
ARTICLE IXPERFORMANCE-BASED AWARDSA-
ARTICLE IX
PERFORMANCE-BASED AWARDS
9.01 The Committee may establish performance criteria and levels of achievement versus such other criteria that shall determine the number of Shares, Stock Units, or cash to be granted, retained, vested, issued or issuable under or in settlement of or the amount payable pursuant to an Award (any such Award, a “Performance Award”). A Performance Award may be identified as “Performance Share,” “Performance Equity,” “Performance Unit” or other such term as chosen by the Committee.
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