Award Opportunity. (a) Except as otherwise provided in Section 5(b)(ii), Section 5(b)(iii) or Section 6, the Participant’s Vested Shares shall be the product of the number of Target Shares and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle.
Appears in 8 contracts
Samples: Award Agreement (Centerpoint Energy Resources Corp), Award Agreement (Centerpoint Energy Inc), Award Agreement (Centerpoint Energy Inc)
Award Opportunity. (a) Except as otherwise provided in Section 5(b)(ii), Section 5(b)(iii) or and Section 6, the Participant’s Vested Shares shall be the product of the number of Target Shares and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle.
Appears in 3 contracts
Samples: Qualified Performance Award Agreement (Centerpoint Energy Inc), Centerpoint Energy Inc, Centerpoint Energy Inc
Award Opportunity. (a) Except as otherwise provided in Section 5(b)(ii), Section 5(b)(iii(iii), or (iv) or Section 6, the Participant’s Vested Shares shall be the product of the number of Target Shares and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle.
Appears in 2 contracts
Samples: Award Agreement (Centerpoint Energy Inc), Award Agreement (Centerpoint Energy Inc)
Award Opportunity. (a) Except as otherwise provided in Section 5(b)(ii), Section 5(b)(iii) or and Section 6, the Participant’s Vested Shares awarded to the Participant shall be the product of the number of Target Shares and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle.
Appears in 1 contract
Samples: Qualified Performance Award Agreement (Centerpoint Energy Inc)
Award Opportunity. (a) Except as otherwise provided in Section 5(b)(ii), Section 5(b)(iii) or Section 6, the Participant’s Vested Shares shall be the product of the number of Target Shares and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle.
Appears in 1 contract
Samples: Award Agreement (Centerpoint Energy Resources Corp)
Award Opportunity. (a) Except as otherwise provided in Section 5(b)(ii), 6(b)(ii) and Section 5(b)(iii) or Section 67, the Participant’s Vested Shares shall be the product of the number of Target Shares and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle.
Appears in 1 contract
Samples: Qualified Performance Award Agreement (Centerpoint Energy Inc)
Award Opportunity. (a) Except as otherwise provided in Section 5(b)(ii), Section 5(b)(iii) or Section 6, the Participant’s Vested Shares shall be the product of the number of Target Shares and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle.. (b) No later than 60 days after the close of the Performance Cycle, the Committee shall determine the extent to which each Performance Goal has been achieved. If the Company has performed at or above the threshold level of achievement for a
Appears in 1 contract
Samples: Term Incentive Plan Performance Award Agreement (Centerpoint Energy Resources Corp)