Common use of Final Determination of Performance Goals Attained Clause in Contracts

Final Determination of Performance Goals Attained. The Company, or the Committee with respect to grants to employees who are Covered Employees, shall be responsible for determining in good faith whether, and to what extent, the Performance Goals set forth in this Grant Agreement have been achieved. The Company, or the Committee, as applicable, may reasonably rely on information from, and representations by, individuals within the Company in making such determination and when made such determination shall be final and binding on the Grantee.

Appears in 9 contracts

Samples: Performance Based Restricted Stock Units Award Agreement, Performance Based Restricted Stock Units Award Agreement, Stock Incentive Plan Agreement (On Semiconductor Corp)

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Final Determination of Performance Goals Attained. The Company, or the Committee with respect to grants to employees who are Covered Employees, shall be responsible for determining in good faith whether, and to what extent, the Performance Goals set forth in this Grant Agreement have been achieved. The Company, or the Committee, as applicable, may reasonably rely on information from, and representations by, individuals within the Company in making such determination and when made such determination shall be final and binding on the Grantee. No payment shall be made hereunder until the Committee has determined that the performance goals and any other material terms have been satisfied.

Appears in 3 contracts

Samples: Performance Based Restricted Stock Units Award Agreement (American Vanguard Corp), Performance Based Restricted Stock Units Award Agreement (American Vanguard Corp), Performance Based Restricted Stock Units Award Agreement (American Vanguard Corp)

Final Determination of Performance Goals Attained. The Company, Company (or the Committee with respect to grants to employees who are Covered Employees, Employees under Section 162(m) of the Code) shall be responsible for determining in good faith whether, and to what extent, the Performance Goals set forth in this Grant Agreement have been achieved. The Company, or the Committee, as applicable, may reasonably rely on information from, and representations by, individuals within the Company in making such determination and when made such determination shall be final and binding on the Grantee.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement, Performance Based Restricted Stock Units Award Agreement (On Semiconductor Corp)

Final Determination of Performance Goals Attained. The CompanySubject to the provisions of the Plan and the Charter of the Compensation Committee of the Board of Directors, or the Committee with respect to grants to employees who are Covered Employees, shall be responsible for determining in good faith whether, and to what extent, the Performance Goals set forth in this Grant Agreement have been achieved. The Company, or the Committee, as applicable, Committee may reasonably rely on information from, and representations by, individuals within the Company in making such determination and when made such determination shall be final and binding on the Grantee.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Units Award Agreement (On Semiconductor Corp), Performance Based Restricted Stock Units Award Agreement (On Semiconductor Corp)

Final Determination of Performance Goals Attained. The Company, Company (or the Committee with respect to grants to employees who are considered to be Covered Employees, Employees under Section 162(m) of the Code) shall be responsible for determining in good faith whether, and to what extent, the Performance Goals set forth in this Grant Agreement have been achieved. The Company, or the Committee, as applicable, may reasonably rely on information from, and representations by, individuals within the Company in making such determination and when made such determination shall be final and binding on the Grantee.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Units Award Agreement, Performance Based Restricted Stock Units Award Agreement (On Semiconductor Corp)

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Final Determination of Performance Goals Attained. The CompanySubject to the provisions of the Plan and the Charter of the Committee, or the Committee with respect to grants to employees who are Covered Employees, shall be responsible for determining in good faith whether, and to what extent, the Performance Goals Goal set forth in this Grant Agreement have has been achieved. The Company, or the Committee, as applicable, Committee may reasonably rely on information from, and representations by, individuals within the Company in making such determination and when made such determination shall be final and binding on the Grantee. The Committee shall certify such determination no later than December 29, 2022.

Appears in 1 contract

Samples: Performance Based Restricted Stock Units Award Agreement (On Semiconductor Corp)

Final Determination of Performance Goals Attained. The CompanySubject to the provisions of the Plan and the Charter of the Committee, or the Committee with respect to grants to employees who are Covered Employees, shall be responsible for determining in good faith whether, and to what extent, the Performance Goals Goal set forth in this Grant Agreement have has been achieved. The Company, or the Committee, as applicable, Committee may reasonably rely on information from, and representations by, individuals within the Company in making such determination and when made such determination shall be final and binding on the Grantee. The Committee shall certify such determination no later than thirty (30) days following the end of the Performance Measurement Period.

Appears in 1 contract

Samples: Performance Based Restricted Stock Units Award Agreement (On Semiconductor Corp)

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