Common use of Adjustment to Award Clause in Contracts

Adjustment to Award. The number of Performance Units Granted may be increased or decreased, including to zero, based on the “Performance Matrix” shown in the Customizing Information. Whether any adjustment based on the Performance Matrix is made shall be determined in the sole discretion of the Committee and the “Adjusted Performance Units Granted” (“PUs”) in the Customizing Information shall be updated to reflect any such adjustment.

Appears in 7 contracts

Samples: Iron Mountain Incorporated (Iron Mountain Inc), Performance Unit Agreement (Iron Mountain Inc), Performance Unit Agreement (Iron Mountain Inc)

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Adjustment to Award. The number of Performance Units Granted may be increased or decreased, including to zero, based on the “Performance Matrix” shown criteria set forth in the Customizing Information. Whether any adjustment based on the Performance Matrix is made shall be determined in the sole discretion of the Committee and the “Adjusted Performance Units Granted” (“PUs”) in the Customizing Information shall be updated to reflect any such adjustment.

Appears in 4 contracts

Samples: Performance Unit Agreement (Iron Mountain Inc), Performance Unit Agreement (Iron Mountain Inc), Iron Mountain Incorporated (Iron Mountain Inc)

Adjustment to Award. The number of Performance Units Granted may be increased or decreased, including to zero, based on the "Performance Matrix" shown in the Customizing Information. Whether any adjustment based on the Performance Matrix is made shall be determined in the sole discretion of the Committee and the "Adjusted Performance Units Granted" ("PUs") in the Customizing Information shall be updated to reflect any such adjustment.

Appears in 1 contract

Samples: Performance Unit Agreement (Iron Mountain Inc)

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Adjustment to Award. The number of Performance Units Granted may be increased or decreased, including to zero, based on the “Performance Matrix” shown in the Customizing Information. Whether any adjustment based on the Performance Matrix is made shall be determined in the sole discretion of the Committee and the “Adjusted Performance Units Granted” (“PUs”) in the Customizing Information shall be updated to reflect any such adjustment.. Version 6 - Performance Unit Agreement 1/29/2024

Appears in 1 contract

Samples: Iron Mountain Incorporated (Iron Mountain Inc)

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