Conditions; Determination of Earned Award. Except as otherwise provided herein, the Grantee’s right to receive any performance shares is contingent upon his or her remaining in the continuous employ of the Company or a Subsidiary through the end of the Performance Period. Following the Performance Period, the Board shall determine whether and to what extent the goals relating to Total Stockholder Return have been satisfied for the Performance Period and shall determine the number of performance shares that shall have become earned hereunder.
Appears in 2 contracts
Samples: Performance Shares Agreement (Usg Corp), Performance Shares Agreement (Usg Corp)
Conditions; Determination of Earned Award. Except as otherwise provided herein, the Grantee’s right to receive any performance shares Performance Shares is contingent upon his or her remaining in the continuous employ of the Company or a Subsidiary through the end of the Performance Period. Following the Performance Period, the Board Committee shall determine whether and to what extent the goals relating to Total Stockholder Return XXX have been satisfied for the Performance Period and shall determine the number percent of performance shares Target Performance Shares that shall have become earned hereunder.
Appears in 2 contracts
Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)
Conditions; Determination of Earned Award. Except as otherwise provided herein, the Grantee’s right to receive any performance shares Performance Shares is contingent upon his or her remaining in the continuous employ of the Company or a Subsidiary through the end of the Performance Period. Following the Performance Period, the Board shall determine whether and to what extent the goals relating to Total Stockholder Return Dxxx Performance Goals have been satisfied for the Performance Period and shall determine the number of performance shares Target Performance Shares that shall have become earned hereunder.
Appears in 1 contract
Conditions; Determination of Earned Award. Except as otherwise provided herein, the Grantee’s right to receive any performance shares Performance Shares is contingent upon his or her remaining in the continuous employ of the Company or a Subsidiary through the end of the Performance PeriodDecember 31, 2016. Following the Performance Period, the Board shall determine whether and to what extent the goals relating to Total Stockholder Return have been satisfied for the Performance Period and shall determine the number of performance shares Performance Shares that shall have become earned hereunder.
Appears in 1 contract
Conditions; Determination of Earned Award. Except as otherwise provided herein, the Grantee’s right to receive any performance shares Performance Shares is contingent upon his or her remaining in the continuous employ of the Company or a Subsidiary through the end of the Performance PeriodDecember 31, 20[ ]. Following the Performance Period, the Board shall determine whether and to what extent the goals relating to Total Stockholder Return have been satisfied for the Performance Period and shall determine the number of performance shares Performance Shares that shall have become earned hereunder.
Appears in 1 contract
Conditions; Determination of Earned Award. Except as otherwise provided herein, the Grantee’s right to receive any performance shares Performance Shares is contingent upon his or her remaining in the continuous employ of the Company or a Subsidiary through the end of the Performance PeriodDecember 31, 20[__]. Following the Performance Period, the Committee shall determine, and the outside directors (as such term is used for purposes of Section 162(m) of the Code) of the Board of Directors shall determine ratify, whether and to what extent the goals relating to Total Stockholder Return have been satisfied for the Performance Period and shall determine the number of performance shares Performance Shares that shall have become earned hereunder.
Appears in 1 contract
Conditions; Determination of Earned Award. Except as otherwise provided herein, the Grantee’s 's right to receive any performance shares Performance Shares is contingent upon his or her remaining in the continuous employ of the Company or a Subsidiary through the end of the Performance Period. Following the Performance Period, the Board shall determine whether and to what extent the goals relating to Total Stockholder Return have been satisfied for the Performance Period and shall determine the number of performance shares Performance Shares that shall have become earned hereunder.
Appears in 1 contract