Common use of Committee Certification Clause in Contracts

Committee Certification. As soon as reasonably practical following the end of the Performance Period, the Committee shall review the results for the Performance Period and certify those results in writing to the Board. No Performance Units or DERs shall be paid prior to the Committee’s certification. However, Committee certification shall not apply in the event of a Change of Control.

Appears in 14 contracts

Samples: Performance Unit Grant Agreement (Targa Resources Partners LP), Performance Unit Grant Agreement (Targa Resources Partners LP), Performance Unit Grant Agreement (Targa Resources Partners LP)

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Committee Certification. As soon as reasonably practical following the end of the Performance Period, but in no event later than the March 15th following the end of the Performance Period, the Committee shall review and determine the performance results for the Performance Period and certify those results in writing to the Boardwriting. No Performance Units or DERs earned and vested shall be paid payable prior to the Committee’s certification. However; provided, however, Committee certification shall not apply in the event of a Change Double Trigger Event, unless otherwise provided in an agreement pursuant to paragraph 13 of Controlthe Agreement.

Appears in 8 contracts

Samples: Performance Award Agreement (Kbr, Inc.), Performance Award Agreement (Kbr, Inc.), Performance Award Agreement (Kbr, Inc.)

Committee Certification. As soon as reasonably practical following the end of the Performance Period, but in no event later than the March 15th following the end of the Performance Period, the Committee shall review and determine the performance results for the Performance Period and certify those results in writing to the Boardwriting. No Performance Units or DERs earned and vested shall be paid payable prior to the Committee’s certification. However; provided, however, Committee certification shall not apply in the event of a Change Double Trigger Event, unless otherwise provided in an agreement pursuant to paragraph 14 of Controlthe Agreement.

Appears in 3 contracts

Samples: Performance Award Agreement (Kbr, Inc.), Performance Award Agreement (Kbr, Inc.), Performance Award Agreement (Kbr, Inc.)

Committee Certification. As soon as reasonably practical following the end of the Performance Period, but in no event later than the March 15th following the end of the Performance Period, the Committee shall review and determine the performance results for the Performance Period and certify those results in writing to the Boardwriting. No Performance Units or DERs earned and vested shall be paid payable prior to the Committee’s certification. However; provided, however, Committee certification shall not apply in the event of a Change Corporate Change, unless otherwise provided in an agreement pursuant to paragraph 13 of Controlthe Agreement.

Appears in 2 contracts

Samples: Performance Award Agreement (Kbr, Inc.), Performance Award Agreement (Kbr, Inc.)

Committee Certification. As soon as reasonably practical following the end of the Performance Period, the Committee shall review the results for the Performance Period and certify those results in writing to the Board. No Performance Share Units or DERs Dividend Equivalents shall be paid prior to the Committee’s certification. However, Committee certification shall not apply in the event of a Change of Control.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Nexeo Solutions, Inc.)

Committee Certification. As soon as reasonably practical following the end of the Performance Period, the Committee shall review the results for the Performance Period and certify those results in writing to the Board. No Performance Units or DERs shall be paid prior to the Committee’s certification. However, Committee certification shall not apply in the event of a Change of Control.. Grantee: Date of Grant: ___, 200_ Number of Performance Units Granted:

Appears in 1 contract

Samples: Performance Unit Grant Agreement (Targa Resources Partners LP)

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Committee Certification. As soon as reasonably practical following the end of the Performance Period, but in no event later than the March 15th following the end of the Performance Period, the Committee shall review and determine the performance results for the Performance Period and certify those results in writing to the Boardwriting. No Performance Units or DERs earned and vested shall be paid payable prior to the Committee’s certification. However; provided, however, Committee certification shall not apply in the event of a Change of ControlCorporate Change.

Appears in 1 contract

Samples: Performance Award Agreement (Kbr, Inc.)

Committee Certification. As soon as reasonably practical following the end of the Performance Period, but in no event later than the ____________ following the end of the Performance Period, the Committee shall review and determine the performance results for the Performance Period and certify those results in writing to the Boardwriting. No Performance Units or DERs earned and vested shall be paid payable prior to the Committee’s certification. However; provided, however, Committee certification shall not apply in the event of a Change of ControlCorporate Change.

Appears in 1 contract

Samples: Performance Award Agreement (Kbr, Inc.)

Committee Certification. As soon as reasonably practical following the end of the Performance Period, but in no event later than the March 15th following the end of the Performance Period, the Committee shall review and determine the performance results for the Performance Period and certify those results in writing to the Boardwriting. No Performance Units or DERs Shares earned and vested shall be paid payable prior to the Committee’s certification. However, Committee certification shall not apply in the event of a Change of Control.

Appears in 1 contract

Samples: Performance Share Award Agreement (BPZ Resources, Inc.)

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