Performance Periods shall have the meaning set forth in Exhibit A hereto.
Performance Periods means each of the First Performance Period, the Second Performance Period and the Third Performance Period.
Performance Periods. [INSERT PERFORMANCE PERIOD] Performance Matrix: The number of Performance Shares in which you may vest in accordance with the Vesting Schedule will depend upon achievement [INSERT DESCRIPTION OF PERFORMANCE GOALS] will be determined in accordance with the Performance Matrix, attached hereto as Appendix B. Vesting Schedule: [INSERT DESCRIPTION OF VESTING SCHEDULE]* IMPORTANT: * Except as otherwise provided in Appendix A, Employee will not vest in the Performance Shares unless he or she is employed by the Company or one of its Subsidiaries through the applicable vesting date. Your signature below indicates your agreement and understanding that this award is subject to all of the terms and conditions contained in Appendix A, Appendix B and the Plan. For example, important additional information on vesting and forfeiture of the Performance Shares is contained in paragraphs 3 through 5 and paragraph 7 of Appendix A, and in Appendix B. PLEASE BE SURE TO READ ALL OF APPENDIX A AND APPENDIX B, WHICH CONTAIN THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. POLYCOM, INC. EMPLOYEE [NAME] [NAME] [TITLE] Date: , 2011 Date: , 0000 XXXXXXXX A
Examples of Performance Periods in a sentence
Performance Periods may overlap and Participants may participate simultaneously with respect to Stock Bonuses that are subject to different Performance Periods and different performance goals and other criteria.
Performance Periods may overlap and a Participant may participate simultaneously with respect to Restricted Stock Awards that are subject to different Performance Periods and having different performance goals and other criteria.
Performance Periods may overlap and a Participant may participate simultaneously with respect to Stock Bonus Awards that are subject to different Performance Periods and different performance goals and other criteria.
Performance Periods may overlap and Participants may participate simultaneously with respect to Options that are subject to different performance goals and other criteria.
Performance Periods may overlap and Participants may participate simultaneously with respect to SARs that are subject to different Performance Factors and other criteria.
More Definitions of Performance Periods
Performance Periods means the period(s) during which an employee must perform pursuant to the grant of a PSU; provided, however, that any such period must end on December 31 of the relevant fiscal year.
Performance Periods means the time period designated by the Company’s Compensation Committee for each Long-Term Award.
Performance Periods means each of the FFO Performance Period, the First TSR Performance Period, the Second TSR Performance Period and the Third TSR Performance Period.
Performance Periods mean the separate performance periods for (a) 50% of the total Performance Share Units, based upon satisfaction of the cash flow from operations performance measure, as set forth on Exhibit B, (the “First Performance Period”) and (b) 50% of the Performance Share Units, based upon satisfaction of the relative TSR performance measure, as set forth on Exhibit C (the “Second Performance Period”)
Performance Periods means the Base Performance Period and the Deferral Performance Period;
Performance Periods. With respect to the Adjusted EPS PRSUs, there will be three performance periods (each a “Adjusted EPS Performance Period”), as described in the below table, in which Appendix A – Performance Restricted Stock Unit Award Agreement US-DOCS\119733922.3 one-sixth (1/6) of the Target Award amount granted in Section 1 above (a “Adjusted EPS Target Award Tranche”) will be measured against the Performance Goals stated in the table below for such Adjusted EPS Performance Period. Adjusted EPS Performance Period Dates Performance Goals Units Subject to the Performance Goal [ ] Performance Period [ ] [ ] Adjusted EPS One Adjusted EPS Target Award Tranche [ ] Performance Period [ ] [ ] Adjusted EPS One Adjusted EPS Target Award Tranche [ ] Performance Period [ ] [ ] Adjusted EPS One Adjusted EPS Target Award Tranche Company Adjusted EPS: One Adjusted EPS Target Award Tranche will be eligible for vesting based upon the Company’s Adjusted EPS for each Adjusted EPS Performance Period based on the following schedules: [_____]Adjusted EPS % of Adjusted EPS Target [_____]EPS Performance Attainment Factor 0% of Adjusted EPS Target Award Tranche 50% of Adjusted EPS Target Award Tranche 100% of Adjusted EPS Target Award Tranche 150% of Adjusted EPS Target Award Tranche [_____]Adjusted EPS % of Adjusted EPS Target [_____]EPS Performance Attainment Factor 0% of Adjusted EPS Target Award Tranche 50% of Adjusted EPS Target Award Tranche 100% of Adjusted EPS Target Award Tranche 150% of Adjusted EPS Target Award Tranche Appendix A – Performance Restricted Stock Unit Award Agreement US-DOCS\119733922.3 [_____]Adjusted EPS % of Adjusted EPS Target [_____]EPS Performance Attainment Factor 0% of Adjusted EPS Target Award Tranche 50% of Adjusted EPS Target Award Tranche 100% of Adjusted EPS Target Award Tranche 150% of Adjusted EPS Target Award Tranche General: Subject to the minimum threshold requirements, linear interpolation will be used based on the level of attainment of the performance goal between vesting levels. The Committee shall calculate and determine the level of achievement of the performance goals in its sole discretion, which shall be final and binding on all parties to the Agreement. All amounts used to calculate and determine the level of achievement shall be in USD, with any currency conversions being determined by the Committee is its sole discretion. Definitions:
Performance Periods has the meaning set forth in Section 1.6(a).