Common use of Performance Objectives and Other Terms Clause in Contracts

Performance Objectives and Other Terms. The Administrator, 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 Shares that will be paid out to the Participants. Each Award of Performance Shares shall be evidenced by an Award Agreement that shall specify the Performance Period, and such other terms and conditions as the Administrator, in its sole discretion, shall determine.

Appears in 3 contracts

Samples: 2007 Stock Incentive Plan (Epicor Software Corp), 2007 Stock Incentive Plan (Epicor Software Corp), 2007 Stock Incentive Plan (Epicor Software Corp)

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Performance Objectives and Other Terms. The Administrator, 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 Shares Units that will be paid out to the Participants. Each Award of Performance Shares Units shall be evidenced by an Award Agreement that shall specify the Performance Period, and such other terms and conditions as the Administrator, in its sole discretion, shall determine.

Appears in 3 contracts

Samples: 2007 Stock Incentive Plan (Epicor Software Corp), 2007 Stock Incentive Plan (Epicor Software Corp), 2007 Stock Incentive Plan (Epicor Software Corp)

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Performance Objectives and Other Terms. The Administrator, in its discretion, shall Administrator will set performance objectives or other vesting criteria provisions (including, without limitation, continued status as a Service Provider) in its discretion 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 ParticipantsService Providers. The time period during which the performance objectives or other vesting provisions must be met will be called the “Performance Period.” Each Performance Award of Performance Shares shall will be evidenced by an Award Agreement that shall will specify the Performance Period, and such other terms and conditions as the Administrator, in its sole discretion, shall will determine.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Welsbach Technology Metals Acquisition Corp.)

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