Failure to Achieve Minimum Performance Clause Samples

Failure to Achieve Minimum Performance. In the event that, as of January 1, 2013 or any earlier Vesting Date, the number of Resultant Units is less than or equal to zero, the CPUs and any corresponding PDRs shall thereupon automatically and without further action be cancelled and forfeited by the Participant, and the Participant shall have no further right or interest in such CPUs or any corresponding PDRs or with respect to either of the foregoing (other than with respect to amounts owing but not paid under such PDRs prior to such date, if any).