Common use of Earning of Performance Units/Shares Clause in Contracts

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals have been achieved. After the grant of a Performance Unit/Share, the Committee, in its sole discretion, may adjust and/or waive the achievement of any performance goals for such Performance Unit/Share.

Appears in 5 contracts

Samples: 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co)

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Earning of Performance Units/Shares. After the applicable Performance Period Period” has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, ,” to be determined as a function of the extent to which the corresponding performance goals objectives have been achieved. After the grant of a Performance Unit/Share, the CommitteeAdministrator, in its sole discretion, may adjust and/or reduce or waive the achievement of any performance goals objectives for such Performance Unit/Share.

Appears in 5 contracts

Samples: 2007 Stock Option Plan (Simulations Plus Inc), Stock Option Plan (Akorn Inc), Stock Option Plan (Akorn Inc)

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals objectives have been achieved. After the grant of a Performance Unit/Share, the Committee, in its sole discretion, may adjust and/or reduce or waive the achievement of any performance goals objectives for such Performance Unit/Share.

Appears in 3 contracts

Samples: Equity Incentive Plan (Edwards J D & Co), Equity Incentive Plan (Palmsource Inc), 2003 Equity Incentive Plan (Palmsource Inc)

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout payment in respect of units/Shares underlying the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the CommitteeAdministrator, in its sole discretion, may adjust and/or reduce or waive the achievement of any performance goals objectives or other vesting provisions for such Performance Unit/Share.

Appears in 1 contract

Samples: Business Combination Agreement (Longview Acquisition Corp. II)

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals Performance Goals or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Committee, in its sole discretion, may adjust and/or waive the achievement of any performance goals for such Performance Unit/Share.

Appears in 1 contract

Samples: Investment Agreement (Easterly Acquisition Corp.)

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals objectives have been achieved. After the grant of a Performance Unit/Share, the Committee, in its sole discretion, may adjust and/or reduce or waive the achievement of any performance goals objectives for such Performance Unit/Share.

Appears in 1 contract

Samples: 2004 Equity Incentive Plan (Sumtotal Systems Inc)

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the CommitteeAdministrator, in its sole discretion, may adjust and/or reduce or waive the achievement of any performance goals objectives or other vesting provisions for such Performance Unit/Share.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Welsbach Technology Metals Acquisition Corp.)

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Earning of Performance Units/Shares. After the applicable "Performance Period Period" has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the "Performance Period, ," to be determined as a function of the extent to which the corresponding performance goals objectives have been achieved. After the grant of a Performance Unit/Share, the CommitteeAdministrator, in its sole discretion, may adjust and/or reduce or waive the achievement of any performance goals objectives for such Performance Unit/Share.

Appears in 1 contract

Samples: Stock Option Plan (Akorn Inc)

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Committee, in its sole discretion, may adjust and/or waive the achievement of any performance goals for such Performance Unit/Share.

Appears in 1 contract

Samples: 2009 Equity Incentive Plan (Aldila Inc)

Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares shall will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding -10- performance goals objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the CommitteeAdministrator, in its sole discretion, may adjust and/or reduce or waive the achievement of any performance goals objectives or other vesting provisions for such Performance Unit/Share.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Telenav, Inc.)

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