Common use of Peer Companies Clause in Contracts

Peer Companies. For purposes of the Performance Metric for the relevant Performance Period, the “Peer Companies” means the companies listed on Schedule A. Any Peer Company that ceases to be publicly traded entity on a recognized stock exchange during the Performance Period will be removed from the Peer Company list for the Performance Period. The Committee may evaluate for inclusion or exclusion any Peer Company that merges with or is acquired by another Peer Company during the Performance Period. For the Performance Period no companies may be added to the list during the Performance Period.

Appears in 1 contract

Samples: Performance Share Agreement (Petroleum Development Corp)

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Peer Companies. For purposes of the Performance Metric for the relevant Performance Period, the "Peer Companies" means the companies listed on Schedule A. Any Peer Company that ceases to be publicly traded entity on a recognized stock exchange during the Performance Period will be removed from the Peer Company list for the Performance Period. The Committee may evaluate for inclusion or exclusion any Peer Company that merges with or is acquired by another Peer Company during the Performance Period. For the Performance Period no companies may be added to the list during the Performance Period.

Appears in 1 contract

Samples: Performance Share Agreement (PDC Energy, Inc.)

Peer Companies. For purposes of the Performance Metric for the relevant Performance Period, the "Peer Companies" means the companies listed on Schedule A. Any Peer Company that ceases to be publicly traded entity on a recognized stock exchange during the Performance Period will be removed from the Peer Company list for the Performance Period. The Committee may evaluate for inclusion or exclusion any Peer Company that merges with or is acquired by another Peer Company during the Performance Period. For the Performance Period no companies may be added to the list during the Performance Period.

Appears in 1 contract

Samples: Performance Share Agreement (Petroleum Development Corp)

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Peer Companies. For purposes of the Performance Metric for the relevant Performance Period, the "Peer Companies" means the companies listed on Schedule A. Any Peer Company that ceases to be a publicly traded entity on a recognized stock exchange during the Performance Period will be removed from the Peer Company list for the Performance Period. The Committee may evaluate for inclusion or exclusion any Peer Company that merges with or is acquired by another Peer Company during the Performance Period. For the Performance Period no No companies may be added to the list during the Performance Period.

Appears in 1 contract

Samples: Performance Share Agreement (PDC Energy, Inc.)

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