Common use of Eligibility for Earned Performance Units Clause in Contracts

Eligibility for Earned Performance Units. The Participant shall only be eligible for payment of earned Performance Units. Performance Units will be earned only if the Participant’s employment with the Company continues through the end of the Performance Period. Notwithstanding anything herein to the contrary, the Performance Units shall not be earned and shall not become payable unless and until the Participant has complied with the Competitive Action restriction set forth in Section 5(d) below on or prior to the Settlement Date.

Appears in 5 contracts

Samples: 2020 Performance Unit Award Agreement (Berkley W R Corp), Performance Unit Award Agreement (Berkley W R Corp), 2018 Performance Unit Award Agreement (Berkley W R Corp)

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Eligibility for Earned Performance Units. The Participant shall only be eligible for payment of earned Performance Units. Performance Units will be earned only if the Participant’s 's employment with the Company continues through the end of the Performance Period. Notwithstanding anything herein to the contrary, the Performance Units shall not be earned and shall not become payable unless and until the Participant has complied with the Competitive Action restriction set forth in Section 5(d) below on or prior to the Settlement Date.Company:

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Berkley W R Corp), Berkley W R Corp

Eligibility for Earned Performance Units. The Participant shall only be eligible for payment of earned Performance Units. Performance Units will be earned only if the Participant’s employment with the Company continues through the end of the Performance Period. Notwithstanding anything herein to the contrary, the Performance Units shall not be earned and shall not become payable unless and until the Participant has complied with the Competitive Action restriction set forth in Section 5(d) below on or prior to the Settlement Date.Company:

Appears in 1 contract

Samples: Performance Unit Award Agreement (Berkley W R Corp)

Eligibility for Earned Performance Units. The A Participant shall only be eligible for payment of earned Performance Units. Performance Units will be earned only if the Participant’s employment with the Company continues through the end of the Performance Period. Notwithstanding anything herein to the contrary, the Performance Units shall not be earned and shall not become payable unless and until the Participant has complied with the Competitive Action restriction set forth in Section 5(d) below on or prior to the Settlement Date.Company:

Appears in 1 contract

Samples: Berkley W R Corp

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Eligibility for Earned Performance Units. The Participant shall only be eligible for payment of earned Performance Units. Performance Units will be earned only if the Participant’s employment with the Company continues through the end of the Performance Period. Notwithstanding anything herein to the contrary, the Performance Units shall not be earned and shall not become payable unless and until the Participant has complied with the Competitive Action restriction Obligations set forth in Section 5(d) below on or prior to the Settlement Date.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Berkley W R Corp)

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