Common use of Award Opportunity Clause in Contracts

Award Opportunity. (1) If the Qualifying Performance Criteria is met, except as otherwise provided in subsection E(2) and subsection E(3), the Awardee shall be qualified to earn up to the Maximum Award (as defined below), reduced as determined by taking into account the Performance Measures and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Measures have been achieved during the Performance Period. The Performance Measures established for the Performance Period are attached hereto as Appendix A and made a part hereof for all purposes. The term “

Appears in 6 contracts

Samples: Berry Petroleum Company 2010 (Berry Petroleum Co), Berry Petroleum Company 2010 (Berry Petroleum Co), Berry Petroleum Company 2010 (Berry Petroleum Co)

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Award Opportunity. (1) If the Qualifying Performance Criteria is met, except as otherwise provided in subsection E(2E(3) and subsection E(3E(4), the Awardee shall be qualified to earn up to the Maximum Award (as defined below), reduced as determined by taking into account the Performance Measures and the Achievement Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Measures have been achieved during the Performance Period. The Performance Measures established for the Performance Period are attached hereto as Appendix A and made a part hereof for all purposes. The term “

Appears in 2 contracts

Samples: Berry Petroleum Company 2010 (Berry Petroleum Co), Restricted Stock Unit Award Agreement (Berry Petroleum Co)

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