Common use of Determination of Actual Performance Shares Clause in Contracts

Determination of Actual Performance Shares. The Actual Performance Shares which may be earned and vested by Participant shall equal (a) the number of Target Performance Shares, multiplied by (b) the Earnout Percentage, as determined under this Section 2.

Appears in 3 contracts

Samples: Performance Share Award Agreement (Independent Bank Corp /Mi/), Performance Share Award Agreement (Independent Bank Corp /Mi/), Performance Share Award Agreement (Miller Herman Inc)

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Determination of Actual Performance Shares. The Actual Performance Shares which may be earned and vested by Participant shall equal (a) the number of Target Performance Shares, multiplied by (b) the Earnout Percentage, as determined under this Section 2.. ​

Appears in 1 contract

Samples: Performance Share Award Agreement (Ufp Industries Inc)

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