Examples of Performance Condition in a sentence
Following the Performance Measurement Date, the Compensation Committee will determine the extent to which the applicable Performance Condition has been achieved, as may be limited by the TSR Performance Condition (as described in Xxxxx X).
None of the PSUs shall vest unless and until both the Time-Based Condition and the Performance Condition are satisfied.
PSUs that have satisfied both the Time-Based Condition and the Performance Condition are referred to as “Vested PSUs”.
In the event of a Change of Control (as defined in Exhibit B below), the number of Earned Units that are assigned to each Performance Goal issuable shall be determined as specified in the Relative Total Shareholder Return Performance Condition, as set forth in Exhibit B, in the event the Performance Period has not concluded as of the date of such Change of Control.
Notwithstanding the foregoing, the Payout Formula may be modified based on the Company’s performance against the TSR Performance Condition (as described in Annex I).