Common use of Certification of Achievement of Performance Goal Clause in Contracts

Certification of Achievement of Performance Goal. The Committee shall (a) determine whether the Company has achieved one of the Performance Goals for the period beginning January 1, 20___, and ending December 31, 20___ (the “Performance Period”), which determination shall be made on an objective and nondiscretionary basis by the Committee based on the Company's audited financial statements and (b) certify in writing that a Performance Goal has been attained within the period prescribed by the Committee (the “Certification Date”).

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement, Performance Share Unit Award Agreement (SemGroup Corp)

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Certification of Achievement of Performance Goal. The Committee shall (a) shall determine whether the Company has achieved one of the Performance Goals for the period beginning January 1, 20___2011, and ending December 31, 20___ 2013 (the “Performance Period”), which determination shall be made on an objective and nondiscretionary basis by the Committee based on the Company's ’s audited financial statements and (b) shall certify in writing that a Performance Goal has been attained within the period prescribed by the Committee (the “Certification Date”).

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (SemGroup Corp)

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Certification of Achievement of Performance Goal. The Committee shall (a) shall determine whether the Company has achieved one of the Performance Goals for the period beginning January 1, 20___2012, and ending December 31, 20___ 2014 (the “Performance Period”), which determination shall be made on an objective and nondiscretionary basis by the Committee based on the Company's ’s audited financial statements and (b) shall certify in writing that a Performance Goal has been attained within the period prescribed by the Committee (the “Certification Date”).

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (SemGroup Corp)

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