Common use of Earned RSUs Clause in Contracts

Earned RSUs. (a) Subject to paragraph 1(d) below, one third of the Target Number of Performance Based RSUs may be earned during the 2019 fiscal year (“Tranche 1”), the twenty-four month period beginning on January 1, 2019 (“Tranche 2”) and the thirty-six month period beginning on January 1, 2019 (“Tranche 3”) (each, a “Tranche” and collective, the “Tranches”). (b) The number of RSUs earned during each Tranche shall be based fifty percent on the Company’s Adjusted Free Cash Flow (“Adjusted FCF”) and Adjusted Operating Margin (“Adjusted OM” or “AOM”) for the period of time corresponding to that Tranche.

Earned RSUs. (a) Subject to paragraph 1(d) below, one third of the Target Number of Performance Based RSUs may be earned during the 2019 XXXX fiscal year (“Tranche 1”), the twenty-four month period beginning on January 1, 2019 XXXX (“Tranche 2”) and the thirty-six month period beginning on January 1, 2019 XXXX (“Tranche 3”) (each, a “Tranche” and collective, the “Tranches”). (b) The number of RSUs earned during each Tranche shall be based fifty percent on the Company’s Adjusted Free Measurement Cash Flow (“Adjusted FCFMCF”) and Adjusted Operating Margin (“Adjusted OM” or “AOM”) for the period of time corresponding to that Tranche.

Earned RSUs. (a) Subject to paragraph 1(d) below, one One third of the Target Number of Performance Based RSUs may be earned during the 2019 2018 fiscal year (“Tranche 1”), the twenty-four month period beginning on January 1, 2019 2018 (“Tranche 2”) and the thirty-six month period beginning on January 1, 2019 2018 (“Tranche 3”) (each, a “Tranche” and collective, the “Tranches”). (b) The number of RSUs earned during each Tranche shall be based fifty percent on the Company’s Adjusted Free Cash Flow Return on Invested Capital (“Adjusted FCFROIC”) and Adjusted Operating Margin (“Adjusted OM” or “AOM”) for the period of time corresponding to that Tranche.