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 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 objectives have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives for such Performance Unit/Share.

Appears in 5 contracts

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

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Earning of Performance Units/Shares. After the applicable Performance Period” Period has ended, the holder of Performance Units/Shares will 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 objectives goals have been achieved. After the grant of a Performance Unit/Share, the AdministratorCommittee, in its sole discretion, may reduce or adjust and/or waive the achievement of any performance objectives goals for such Performance Unit/Share.

Appears in 5 contracts

Samples: Award Agreement (Central Garden & Pet Co), Central Garden & Pet Co, Central Garden & Pet Co

Earning of Performance Units/Shares. After the applicable Performance Period” Period has ended, the holder of Performance Units/Shares will 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 objectives have been achieved. After the grant of a Performance Unit/Share, the AdministratorCommittee, in its sole discretion, may reduce or waive any performance objectives for such Performance Unit/Share.

Appears in 3 contracts

Samples: Award Agreement (Palmsource Inc), Award Agreement (Edwards J D & Co), Palmsource Inc

Earning of Performance Units/Shares. After the applicable Performance Period” Period has ended, the holder of Performance Units/Shares 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 objectives Performance Goals or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives 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 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 objectives have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives for such Performance Unit/Share.

Appears in 1 contract

Samples: Akorn Inc

Earning of Performance Units/Shares. After the applicable Performance Period” Period has ended, the holder of Performance Units/Shares 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 objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives for such Performance Unit/Share.

Appears in 1 contract

Samples: Aldila Inc

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Earning of Performance Units/Shares. After the applicable Performance Period” Period has ended, the holder of Performance Units/Shares 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 objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such Performance Unit/Share.

Appears in 1 contract

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

Earning of Performance Units/Shares. After the applicable Performance Period” Period has ended, the holder of Performance Units/Shares 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 objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance 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” Period has ended, the holder of Performance Units/Shares 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 objectives have been achieved. After the grant of a Performance Unit/Share, the AdministratorCommittee, in its sole discretion, may reduce or waive any performance objectives for such Performance Unit/Share.

Appears in 1 contract

Samples: Award Agreement (Sumtotal Systems Inc)

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