IPO update, page-1230

https://www.sec.gov/Archives/edgar/data/1760764/000121390022004330/ea154612-6k_gmedicalinnov.htm
On January 12, 2022, G Medical Innovations Holdings Ltd. (the “Company) granted performance rights to certain of its directors and officers under its Global Equity Incentive Plan.
Two parts of performance rights: 1. Each performance right shall have a term of two years; 2. Each performance right shall have a term of five years.

https://docoh.com/filing/1760764/0001213900-20-029350/GMVD-F1/file/6
(GMVD's "Global Equity Incentive Plan")

Anyone with lawyer/solicitor's background can probably help confirm the exact meaning of the above terms as i'm a bit confused: does this "Each performance right shall have a term of two/five years" meaning vesting period of two/five years? Appreciated.