Common use of ESG Clause in Contracts

ESG. If, upon conclusion of the ESG Performance Period, the Company’s relative ESG for the ESG Performance Period is at the 25th percentile of ESG for the ESG Peer Group Companies, 25% of the ESG Target Performance Shares shall become earned, with a fractional share rounded down to the next whole share.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)

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ESG. If, upon the conclusion of the ESG Performance Period, the Company’s relative ESG for the ESG Performance Period is at exceeds the 25th percentile, but is less than the 50th percentile of ESG for of the ESG Peer Group Companies, the percentage of ESG Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 25% of the ESG Target Performance Shares shall become earnedand 100% of the ESG Target Performance Shares, with a fractional share rounded down to the next whole share.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)

ESG. If, upon the conclusion of the ESG Performance Period, the Company’s relative ESG for exceeds the ESG Performance Period 50th percentile, but is at less than the 25th 75th percentile of ESG for the ESG Peer Group Companies, 25the percentage of ESG Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100% of the ESG Target Performance Shares shall become earnedand 200% of the ESG Target Performance Shares, with a fractional share rounded down to the next whole share.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)

ESG. If, upon conclusion of the ESG Performance Period, the Company’s relative ESG for the ESG Performance Period is at equals or exceeds the 25th 75th percentile of ESG for the ESG Peer Group Companies, 25200% of the ESG Target Performance Shares shall become earned, with a fractional share rounded down to the next whole share.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)

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ESG. If, upon conclusion of the ESG Performance Period, the Company’s relative ESG for the ESG Performance Period is at the 25th 50th percentile of ESG for the ESG Peer Group Companies, 25100% of the ESG Target Performance Shares shall become earned, with a fractional share rounded down to the next whole share.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)

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