Common use of Performance Objectives and Other Terms Clause in Contracts

Performance Objectives and Other Terms. The Committee, in its discretion, shall set performance objectives or other vesting criteria which, depending on the extent to which they are met, will determine the number or value of Performance Units that will be paid out to the Participants. Each Award of Performance Units shall be evidenced by an Award Agreement that shall specify the Performance Period, and such other terms and conditions as the Committee, in its sole discretion, shall determine.

Appears in 7 contracts

Samples: Award Agreement (Polycom Inc), Award Agreement (Polycom Inc), Award Agreement (Polycom Inc)

AutoNDA by SimpleDocs

Performance Objectives and Other Terms. The Committee, in its discretion, shall set performance objectives or other vesting criteria which, depending on the extent to which they are met, will determine the number or value of Performance Units Shares that will be paid out to the Participants. Each Award of Performance Units Shares shall be evidenced by an Award Agreement that shall specify the Performance Period, and such other terms and conditions as the Committee, in its sole discretion, shall determine.

Appears in 7 contracts

Samples: 2004 Equity Incentive Plan (Pixar \Ca\), Award Agreement (Polycom Inc), Award Agreement (Polycom Inc)

Performance Objectives and Other Terms. The Committee, in its discretion, Committee shall set performance objectives or other vesting criteria in its discretion which, depending on the extent to which they are met, will determine the number or value of Performance Units Units/Shares that will be paid out to the Participants. The time period during which the performance objectives must be met shall be called the “Performance Period.” Each Award of Performance Units Units/Shares shall be evidenced by an Award Agreement that shall specify the Performance Period, and such other terms and conditions as the Committee, in its sole discretion, shall determine.

Appears in 3 contracts

Samples: Award Agreement (Palmsource Inc), Award Agreement (Edwards J D & Co), Palmsource Inc

Performance Objectives and Other Terms. The Committee, in its discretion, shall Committee will set performance objectives or other vesting criteria in its discretion which, depending on the extent to which they are met, will determine the number or value of Performance Units Units/Shares that will be paid out to the Participants. The time period during which the performance objectives must be met will be called the “Performance Period.” Each Award of Performance Units shall Units/Shares will be evidenced by an Award Agreement that shall will specify the Performance Period, and such other terms and conditions as the Committee, in its sole discretion, shall will determine.

Appears in 1 contract

Samples: Award Agreement (Sumtotal Systems Inc)

AutoNDA by SimpleDocs

Performance Objectives and Other Terms. The Committee, in its discretion, shall may set performance objectives or other vesting criteria which, depending on the extent to which they are met, will determine the number or value of Performance Units Awards that will be paid out to the Participants. Each Award of Performance Units shall be evidenced by an Award Agreement that shall specify the Performance Period, and such other terms and conditions as the Committee, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Business Combination Agreement (Prenetics Global LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!