Performance Grant Sample Clauses
Performance Grant. Pursuant to the Plan, [Insert Number] Performance Share Units (“Target Amount”) were awarded to the Participant on February XX, 2024 (“Date of Grant”), subject to the terms and conditions of the Plan, and subject further to the terms and conditions set forth in this Agreement and Exhibit A attached hereto. Each Performance Share Unit represents the right to receive a cash payment equivalent to the Fair Market Value of one share of Company Stock if the Performance Goals set forth in Section 4 and Exhibit A for the Performance Period are fulfilled. The actual number of Performance Share Units that may be earned may be from 0% to 200% of the Target Amount, depending on the achievement of the Performance Goals. The Performance Period for purposes of this Agreement is the period beginning on January 1, 2024 and ending on December 31, 2026.
Performance Grant. The Company shall grant Executive a stock option to purchase 500,000 shares of Common Stock at an exercise price of $1.65 per share (the “Performance Option”). The Performance Option shall be governed by the Plan. For so long as the Executive is an employee of the Company, the Performance Option shall vest, if at all, upon the following milestones being achieved:
Performance Grant. In fiscal years 2012, 2013, 2014 and 2015, you will be eligible to receive an annual target bonus grant of options to purchase One Hundred Twenty Five Thousand (125,000) shares of the Company’s Common Stock each year at an exercise price based on the fair market value of the Company’s common stock on the date of the grant, based upon the achievement each year of twenty percent (20%) annual organic EBITDA growth, excluding growth from making acquisitions of companies and other revenue producing assets. In the event of a Change of Control (as defined below) of the Company (or its successor), upon the closing of such Change of Control, all performance shares previously earned as of the date of Change of Control shall become vested. All of your options will have a cashless exercise feature.
Performance Grant. The Enterprise will only be entitled to receive the Performance Grant Amount once documentation is provided to the Panel's satisfaction to confirm the completion of the Project by the Project Completion Date.
Performance Grant. (i) The Company shall request that the CCLG authorize and grant Employee 212,500 restricted share units (“Performance Grant” and, together with the Time-Based Grant, the “Grants”) of Lions Gate Entertainment Corp. in accordance with the Plan. Employee acknowledges that this Performance Grant of stock is subject to the approval of the CCLG.
Performance Grant. Pursuant to the Plan, the Participant is granted a Performance Award at a Target Amount of on , subject further to the terms and conditions set forth herein. The actual payout may be from 0% to 200% of the Target Amount. Payment will be made by March 15, 2008.
Performance Grant. Pursuant to the Plan, the Participant is granted a Performance Grant at a Target Amount of on April 3, 2007 (“Date of Grant”), subject further to the terms and conditions set forth herein. The actual payout may be from 0% to 200% of the Target Amount. Payment will be made by March 15, 2009 or as soon as administratively practicable thereafter. The Performance Period for purposes of this Agreement is the period beginning January 1, 2007 and ending December 31, 2008.
Performance Grant. The Participant is awarded a Performance Grant based on the terms of this Agreement. The Performance Grant entitles the Participant to payment of an amount (the “Payment Amount”) based on the achievement by the Company of certain Performance Goals (described below and in the “Performance Matrix” as defined in paragraph 3(c)) as measured over the [three] fiscal-year period commencing _________ and ending on __________ (the “Performance Period”). To be entitled to any payment under the Performance Grant, the Participant must execute this Agreement and return a fully executed copy of this Agreement to the Company within thirty (30) days of the Date of Grant, and all terms and conditions of this Performance Grant must have been satisfied.
Performance Grant. Subject to the terms of the Agreement to which this Exhibit “A” is attached, RSUs are granted in amounts to be determined by the Return on Invested Capital (“ROIC”) achieved by the Company over the twenty-four month period ending [_______________], based upon the audited financial statements. The number of RSUs granted will be determined as follows:
Performance Grant. NOTE: Section 6.10, 6.11 and Section 8 all deal with the ongoing financial obligations of the Authority to Developer and/or
o 6.10.1 Commits the Authority to making a Performance Grant of up to $5MM per year for 20 years.
o 6.10.2 Sources of Performance Grant to be (i) City Grant Revenues (Meals Tax Revenues, Admissions Tax Revenues and Sales Tax Revenues- all project generated, excluding the Entertainment Venue), and