Common use of Determination of Number of Shares Earned Clause in Contracts

Determination of Number of Shares Earned. The number of Shares earned, if any, for the Performance Period shall be determined in accordance with the following formula: All Performance Shares that are not earned for the Performance Period shall be forfeited

Appears in 4 contracts

Samples: Performance Share Award Agreement (Knife River Corp), Performance Share Award Agreement (Mdu Resources Group Inc), Performance Share Award Agreement (Mdu Resources Group Inc)

AutoNDA by SimpleDocs

Determination of Number of Shares Earned. The number of Shares earned, if any, for the Performance Period shall be determined in accordance with the following formula: All Performance Shares that are not earned for the Performance Period shall be forfeited.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Mdu Resources Group Inc), Performance Share Award Agreement (Mdu Resources Group Inc)

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