Performance Cycles Clause Samples
The Performance Cycles clause defines the specific periods during which an individual's or entity's performance is measured and evaluated under an agreement. Typically, these cycles are set as recurring intervals, such as quarterly or annually, and determine when performance reviews, assessments, or related obligations occur. By establishing clear timeframes for evaluation, this clause ensures consistency in performance tracking and helps both parties manage expectations and responsibilities throughout the contract term.
Performance Cycles. The two year performance cycle to which this Agreement applies commences on [DATE] and ends on [DATE] (the “Performance Cycle”).
Performance Cycles. The “Performance Cycles” applicable to the Awarded RSUs shall be based on the following: • For the Subject RSUs under the First Tranche, the one-year period beginning on January 1, 20[•], and ending on December 31, 20[•] (the “First One-Year Performance Cycle”); • For the Subject RSUs under the Second Tranche, the one-year period beginning on January 1, 20[•], and ending on December 31, 20[•] (the “Second One-Year Performance Cycle”); and • For the Subject RSUs under the Third Tranche, the one-year period beginning on January 1, 20[•], and ending on December 31, 20[•] (the “Third One-Year Performance Cycle”).
Performance Cycles. The Performance Shares subject to this Performance Shares award shall be allocated to the following two Performance Cycles:
Performance Cycles. The period covered by this Award Agreement is January 1, [FIRST YEAR] through December 31, [THIRD YEAR] (the "Award Period"), within which each of the following periods shall constitute a Performance Cycle: January 1, [FIRST YEAR] through December 31, [FIRST YEAR]; January 1, [FIRST YEAR] through December 31, [SECOND YEAR]; and January 1, [FIRST YEAR] through December 31, [THIRD YEAR].
Performance Cycles. The ____ year performance cycle to which this Agreement applies commences on ___________ and ends on ____________ (performance cycle between 12 months and 5 years) (the "Performance Cycle").