Certification of Achievement Sample Clauses

Certification of Achievement. Following the end of the Performance Period, the Compensation Committee (“Committee”) will certify the level of performance achieved by the Company, and the percentage of the Target Award that becomes Earned PCUs. The certification of the level of the performance achieved and the corresponding percentage of the Target Award that becomes Earned PCUs shall occur no later than sixty days after the end of the Performance Period.
Sample 1Sample 2
AutoNDA by SimpleDocs
Certification of Achievement. The Committee shall determine whether the Participant has satisfied the LTIP Performance Goal in accordance with the terms of the LTIP. The Committee shall determine whether the LTIP Performance Goals have been met and, if they have, shall so certify within 60 days after the expiration of the LTIP Performance Period (the “Certification Date”).
Sample 1
Certification of Achievement. At the time the Board (or an authorized committee thereof) approves the Company’s audited consolidated financial statements for the Performance Period, the Committee shall determine and certify the extent to which the Performance Metric has been achieved and the number of Earned PSUs. The Committee (or its successor following a Change in Control) may in its sole discretion, provide for one or more equitable adjustments (based on objective standards) to the Performance Metric (and levels of achievement) in recognition of unusual or non-recurring items such as acquisition-related activities or changes in applicable accounting rules to preserve the Committee’s original intent regarding the Performance Metric. The Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, as well as the resulting number of Earned PSUs, will be final, binding and conclusive on Participant. Upon the Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, all PSUs that are not Earned PSUs shall be forfeited to the Company forthwith, and all rights you have to such PSUs that are not Earned PSUs shall immediately terminate, without payment of any consideration to you.
Sample 1
Certification of Achievement. The Committee (or its successor following a Change in Control) may in its sole discretion, provide for one or more equitable adjustments (based on objective standards) to the Performance Metric (and levels of achievement) in recognition of unusual or non-recurring items such as acquisition-related activities or changes in applicable accounting rules to preserve the Committee’s original intent regarding the Performance Metric. The Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, as well as the resulting number of Earned MSUs, will be final, binding and conclusive on Participant. Upon the Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, all MSUs that are not Earned MSUs shall be forfeited to the Company forthwith, and all rights you have to such MSUs that are not Earned MSUs shall immediately terminate, without payment of any consideration to you.
Sample 1

Related to Certification of Achievement

  • Performance and Compliance Purchaser shall have performed all of the covenants and complied, in all material respects, with all the provisions required by this Agreement to be performed or complied with by it on or before the Closing.

  • Performance of Service 2.1 Appendix A (General Provisions), Articles 1 through 16, governs the performance of services under this contract. 2.2 Appendix B sets forth the liability and insurance provisions of this contract. 2.3 Appendix C sets forth the services to be performed by the contractor.

  • Performance of Services The Contractor is responsible for fully meeting all obligations set forth in the Contract and for providing Product in accordance with the Contract or any Authorized User Agreement.

  • Performance Goal (a) Subject to the following sentence, the Performance Goal is set out in Appendix A hereto, which Appendix A is incorporated by reference herein and made a part hereof. Notwithstanding the foregoing, the provisions of Section 13 or any other provision of this Agreement to the contrary, the Committee reserves the right to unilaterally change or otherwise modify the Performance Goal in any manner whatsoever (including substituting a new Performance Goal). If the Committee exercises such discretionary authority to any extent, the Committee shall provide the Grantee with a new Appendix A in substitution for the Appendix A attached hereto, and such new Appendix A and the Performance Goal set out therein (rather than the Appendix A attached hereto and the Performance Goal set out therein) shall in all events apply for all purposes of this Agreement. (b) Depending upon the extent, if any, to which the Performance Goal has been achieved, and subject to compliance with the requirements of Section 4, each PSU shall entitle the Grantee to receive, at such time as is determined in accordance with the provisions of Section 5, between 0 and 2.0 Shares for each PSU. The Committee shall, as soon as practicable following the last day of the Performance Period, certify (i) the extent, if any, to which, in accordance with Appendix A, the Performance Goal has been achieved with respect to the Performance Period and (ii) the number of whole and/or partial Shares, if any, which, subject to compliance with the vesting requirements of Section 4, the Grantee shall be entitled to receive with respect to each PSU (with such number of whole and/or partial Shares being hereafter referred to as the “Share Delivery Factor”). Such certification shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law.

  • Performance Reports None Specified

  • Performance Standards The Contractor agrees to perform all tasks and provide deliverables as set forth in the Contract. The Department and the Customer will be entitled at all times, upon request, to be advised as to the status of work being done by the Contractor and of the details thereof.

  • Performance Reporting The State of California is required to submit the following financial reports to FEMA:

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • Evaluation Criteria 5.2.1. The responses will be evaluated based on the following: (edit evaluation criteria below as appropriate for your project)

  • Performance of Reviews The RIRs shall send a request for review to the Operator per email, where they shall specify the areas they request a review for. The Operator must comply with the request by providing the requested information within working days. The review may include an onsite inspection. In this case the RIRs and the Operator must agree on a specific date for the inspection to take place, which may not be later than sixty calendar days from the date of the request.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!