Common use of Operating Profits Portion Clause in Contracts

Operating Profits Portion. (I) Twenty five percent (25%) of the Award shall vest if cumulative Operating Profits over the OP Performance Period equal or exceed the Operating Profits Target I, but is less than the Operating Profits Target II and (II) an additional twenty five percent (25%) of the Award shall vest if cumulative Operating Profits over the OP Performance Period equal or exceed the Operating Profits Target II, and (III) an additional twenty-five percent (25%) of the Award shall vest if the cumulative Operating Profits over the OP Performance period equal or exceed the Stretch Target; and

Operating Profits Portion. (I) Twenty five percent (25%) of the Award shall vest if cumulative Operating Profits over the OP Performance Period equal or exceed the Operating Profits Target I, but is less than the Operating Profits Target II and (II) an additional twenty five percent (25%) of the Award shall vest if cumulative Operating Profits over the OP Performance Period equal or exceed the Operating Profits Target II, and (III) an additional twenty-five percent (25%) of the Award shall vest if the cumulative Operating Profits over the OP Performance period equal or exceed the Stretch Target; and

Operating Profits Portion. (I) Twenty five percent (25%) of the Award shall vest if cumulative Operating Profits over the OP Performance Period equal or exceed the Operating Profits Target I, but is less than the Operating Profits Target II and (II) an additional twenty five percent (25%) of the Award shall vest if cumulative Operating Profits over the OP Performance Period equal or exceed the Operating Profits Target II, and (III) an additional twenty-five percent (25%) of the Award shall vest if the cumulative Operating Profits over the OP Performance period equal or exceed the Stretch Target; andand (ii)