Number of Units Awarded. Except as provided in Section 5(a) below, the number of Units ultimately to be awarded to the Grantee upon vesting is contingent upon the cumulative amount of earnings per share achieved by the Company for the three year measurement cycle, Fiscal Years 2012 through 2014 (October 1, 2011 through September 30, 2014). The percentage of Units earned for each level of the cumulative amount of earnings per share is illustrated in the performance schedule below. In addition, should the performance levels achieved be between the stated criteria below, straight-line interpolation shall be used. For example, should the cumulative amount of earnings per share for the three-year period be $ , the percentage of Units earned would be 125% of the number of Units originally granted. In addition, the performance targets and actual performance attainment for such Units will exclude any xxxx-to-market gains or losses recognized by the Company’s nonregulated operations. Performance Level Cumulative 3-Yr. EPS Restricted Stock Units Earned Below Threshold Less than $ 0 % Threshold $ 50 % Target $ 100 % Maximum $ 150 %
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Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)
Number of Units Awarded. Except as provided in Section 5(a) below, the number of Units ultimately to be awarded to the Grantee upon vesting is contingent upon the cumulative amount of earnings per share achieved by the Company for the three year measurement cycle, Fiscal Years 2012 2015 through 2014 2017 (October 1, 2011 2014 through September 30, 20142017). The percentage of Units earned for each level of the cumulative amount of earnings per share is illustrated in the performance schedule below. In addition, should the performance levels achieved be between the stated criteria below, straight-line interpolation shall be used. For example, should the cumulative amount of earnings per share for the three-year period be $ $____, the percentage of Units earned would be 125____% of the number of Units originally granted. In addition, the performance targets and actual performance attainment for such Units will exclude any xxxx-to-market gains or losses recognized by the Company’s nonregulated operations. Performance-Based Restricted Stock UnitsPerformance Schedule for Grant of Performance Period FY 2015-2017 Performance Level Cumulative 3-Yr. EPS Restricted Stock Units Earned Below Threshold Less than $ 0 % Threshold $ 50 % Target $ 100 % Maximum $ 150 %Earned
Appears in 1 contract
Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)
Number of Units Awarded. Except as provided in Section 5(a) below, the number of Units ultimately to be awarded to the Grantee upon vesting is contingent upon the cumulative amount of earnings per share achieved by the Company for the three year measurement cycle, Fiscal Years 2012 2014 through 2014 2016 (October 1, 2011 2013 through September 30, 20142016). The percentage of Units earned for each level of the cumulative amount of earnings per share is illustrated in the performance schedule below. In addition, should the performance levels achieved be between the stated criteria below, straight-line interpolation shall be used. For example, should the cumulative amount of earnings per share for the three-year period be $ $____, the percentage of Units earned would be 125____% of the number of Units originally granted. In addition, the performance targets and actual performance attainment for such Units will exclude any xxxx-to-market gains or losses recognized by the Company’s nonregulated operations. Performance Level Cumulative 3Performance-Yr. EPS Based Restricted Stock Units Earned Below Threshold Less than $ 0 % Threshold $ 50 % Target $ 100 % Maximum $ 150 %UnitsPerformance Schedule for Grant of Performance Period FY 2014-2016
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Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)
Number of Units Awarded. Except as provided in Section 5(a) below, the number of Units ultimately to be awarded to the Grantee upon vesting is contingent upon the cumulative amount of earnings per share achieved by the Company for the three year measurement cycle, Fiscal Years 2012 2016 through 2014 2018 (October 1, 2011 2015 through September 30, 20142018). The percentage of Units earned for each level of the cumulative amount of earnings per share is illustrated in the performance schedule below. In addition, should the performance levels achieved be between the stated criteria below, straight-straight- line interpolation shall be used. For example, should the cumulative amount of earnings per share for the three-year period be $ $____, the percentage of Units earned would be 125_______% of the number of Units originally granted. In addition, the performance targets and actual performance attainment for such Units will exclude any xxxx-to-market gains or losses recognized by the Company’s nonregulated operations. Performance Level Cumulative 3Performance-Yr. EPS Based Restricted Stock Units Earned Below Threshold Less than $ 0 % Threshold $ 50 % Target $ 100 % Maximum $ 150 %UnitsPerformance Schedule for Grant of Performance Period FY 2016-2018
Appears in 1 contract
Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)
Number of Units Awarded. Except as provided in Section 5(a) below, the number of Units ultimately to be awarded to the Grantee upon vesting is contingent upon the cumulative amount of earnings per share achieved by the Company for the three year measurement cycle, Fiscal Years 2012 2013 through 2014 2015 (October 1, 2011 2012 through September 30, 20142015). The percentage of Units earned for each level of the cumulative amount of earnings per share is illustrated in the performance schedule below. In addition, should the performance levels achieved be between the stated criteria below, straight-line interpolation shall be used. For example, should the cumulative amount of earnings per share for the three-year period be $ $_____, the percentage of Units earned would be 125______% of the number of Units originally granted. In addition, the performance targets and actual performance attainment for such Units will exclude any xxxx-to-market gains or losses recognized by the Company’s nonregulated operations. Performance Level Cumulative 3Performance-Yr. EPS Based Restricted Stock Units Earned Below Threshold Less than $ 0 % Threshold $ 50 % Target $ 100 % Maximum $ 150 %UnitsPerformance Schedule for Grant of Performance Period FY 2013-2015
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Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)
Number of Units Awarded. Except as provided in Section 5(a) below, the number of Units ultimately to be awarded to the Grantee upon vesting is contingent upon the cumulative amount of earnings per share achieved by the Company for the three year measurement cycle, Fiscal Years 2012 2017 through 2014 2019 (October 1, 2011 2016 through September 30, 20142019). The percentage of Units earned for each level of the cumulative amount of earnings per share is illustrated in the performance schedule below. In addition, should the performance levels achieved be between the stated criteria below, straight-line interpolation shall be used. For example, should the cumulative amount of earnings per share for the three-year period be $ $11.65, the percentage of Units earned would be 125120.18% of the number of Units originally granted. In addition, the performance targets and actual performance attainment for such Units will exclude any xxxx-to-market gains or losses recognized by the Company’s nonregulated operations. Performance Level Cumulative 3Performance-Yr. EPS Based Restricted Stock Units Earned Below Threshold Less than $ 0 % Threshold $ 50 % Target $ 100 % Maximum $ 150 %UnitsPerformance Schedule for Grant of Performance Period FY 2017-2019
Appears in 1 contract
Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)