Common use of Performance Criteria and Performance Periods Clause in Contracts

Performance Criteria and Performance Periods. The goals associated with the PARSUs shall be established by the Committee, and will be communicated separately to the Employee by the Company. Shares delivered at the end of the Performance Period with respect to the PARSUs will range from 0% to 300% of the Target Amount of PARSUs, based upon the Company’s performance against the earnings per share (“EPS”) and relative total shareholder return (“TSR”) goals as compared to S&P 500 performance, as certified by the Committee. No PARSUs will be achieved if performance is below minimum levels. Exhibit A provides more details on the relative TSR calculation.

Appears in 2 contracts

Samples: Restricted Stock Units Grant Agreement (Hp Inc), Restricted Stock Units Grant Agreement (Hp Inc)

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Performance Criteria and Performance Periods. The goals associated with the PARSUs shall be established by the Committee, and will be communicated separately to the Employee by the Company. Shares delivered at the end of the Performance Period with respect to the PARSUs will range from 0% to 300200% of the Target Amount of PARSUs, based upon the Company’s performance against the earnings per share (“EPS”) and relative total shareholder return (“TSR”) goals (as compared to S&P 500 performance, ) as certified by the Committee. No PARSUs will be achieved if performance is below minimum levels. Exhibit A provides more details on the relative TSR calculation.

Appears in 1 contract

Samples: Restricted Stock Units Grant Agreement (Hp Inc)

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Performance Criteria and Performance Periods. The goals associated with the PARSUs shall be established by the Committee, and will be communicated separately to the Employee by the Company. Shares Xxxxxx delivered at the end of the Performance Period with respect to the PARSUs will range from 0% to 300% of the Target Amount of PARSUs, based upon the Company’s performance against the earnings per share (“EPS”) and relative total shareholder return (“TSR”) goals as compared to S&P 500 performance, as certified by the Committee. No PARSUs will be achieved if performance is below minimum levels. Exhibit A provides more details on the relative TSR calculation.

Appears in 1 contract

Samples: Restricted Stock Units Grant Agreement (Hp Inc)

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