Performance Metric. Relative Total Shareholder Return Performance Share Awards Award Date <<Award Date>> Peer Companies Target Performance
Performance Metric. Subject to Section 2.8, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the Performance Period based upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies (defined below) for such Performance Period (the "Performance Metric").
Performance Metric. All or a portion of the PRSUs shall be eligible to vest based on the Company’s level of achievement of the Performance Metric set forth on the Performance Matrix attached hereto as Annex A (the “Performance Matrix”), subject to the terms set forth therein and herein.
Performance Metric. For purposes of this Agreement:
Performance Metric. All or a portion of the PRSUs shall be eligible to vest based on the Company’s level of achievement of cumulative free cash flow as set forth in the budgets (the “Performance Metric Target”) approved by the Company’s Board of Directors (the “Board”) for the years ending December 31, 2018 and December 31, 2019 (together, the “Performance Period”). The annual free cash flow component for each of 2018 and 2019 of the Performance Metric Target shall be set at the time such applicable budget is approved by the Board. Free cash flow shall be derived from cash flow provided by operating activities, net of additions to property and equipment, restricted and other investment activity and the return of capital from investment in unconsolidated entities. The Compensation Committee of the Board shall adjust or modify the calculation of free cash flow and/or the Performance Metric Target for the Performance Period in accordance with Sections 4(b) and 12(c) of the Plan, as applicable.
Performance Metric. Subject to the other provisions of this Section 2, the RSUs shall vest in accordance with the vesting table set forth on the cover page of this Agreement (the “Vesting Table”), based on the Company’s achievement of [insert metric], as described on the cover page of this Agreement, for the performance period shown on the cover page of this Agreement (the “Performance Period”). Any fractional RSU resulting from the application of the percentages in the Vesting Table shall be rounded to the nearest whole number of RSUs. No vesting shall be deemed to occur unless and until the Compensation Committee of the Company’s Board of Directors certifies in writing which (if any) performance targets have been achieved. The Compensation Committee shall make such certification no later than 75 days after the end of the Performance Period. The date on which the Compensation Committee certifies whether a performance target has been achieved that results in the vesting of some or all of the RSUs is referred to in this Agreement as the “Vesting Date.” On the Vesting Date, all RSUs that do not vest shall be automatically forfeited.
Performance Metric. Approximately of the CPU Award (in each case, a “CPU Tranche”) will be earned (if at all) based on EBITDA achievement during each of the calendar years ending (each, a “Performance Year”). For the Performance Year ending , the EBITDA target is $ million (or such other EBITDA target as may be established by the Board for such calendar year). No later than the end of the first calendar quarter of each of the other Performance Years, the applicable EBITDA performance target for such Performance Year shall be determined by the Board and communicated to the Recipient.
Performance Metric. Approximately of the Performance RSUs (in each case, a “PSU Tranche”) will be earned (if at all) based on EBITDA achievement during each of the calendar years ending (each, a “Performance Year”). For the Performance Year ending , the EBITDA target is $ (or such other EBITDA target as may be established by the Board for such calendar year). No later than the end of the first calendar quarter of each of the other Performance Years, the applicable EBITDA performance target for such Performance Year shall be determined by the Board and communicated to the Recipient.
Performance Metric. Relative Total Shareholder Return
Performance Metric. In the event that Grantee fails to award at least 1,100 Certificates by December 31, 2028, then Grantee shall upon written demand by Triumph repay to Triumph an amount equal to (A) $1,580, multiplied by (B) the sum of (a) 1,100 minus (b) the actual number of Certificates issued as of December 31, 2028.
