Common use of Performance Settlement Clause in Contracts

Performance Settlement. (i) The Performance Shares shall be settled in connection with Certification (as provided in Appendix A, but no earlier than any Scheduled Settlement Date). Settlement shall not occur if Certification does not occur at the Applicable Committee Meeting in 20__ (the “Deadline”), and if Certification does not occur by the Deadline, no Performance Shares shall be settled and all of Participant's rights under this Agreement shall be forfeited as of the Deadline.

Appears in 3 contracts

Samples: Award Agreement (Jack Henry & Associates Inc), Performance Shares Agreement (Henry Jack & Associates Inc), Performance Shares Agreement (Henry Jack & Associates Inc)

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Performance Settlement. (i) The Performance Shares shall be settled in connection with Certification (as provided in Appendix A, but no earlier than any Scheduled Settlement Date). Settlement shall not occur if Certification does not occur at the Applicable Committee Meeting in 20__ 2017 (the “Deadline”), and if Certification does not occur by the Deadline, no Performance Shares shall be settled and all of ParticipantAwardee's rights under this Agreement shall be forfeited as of the Deadline.

Appears in 1 contract

Samples: Performance Shares Agreement (Henry Jack & Associates Inc)

Performance Settlement. (i) The Performance Shares shall be settled in connection with Certification (as provided in Appendix A, but no earlier than any Scheduled Settlement Date). Settlement shall not occur if Certification does not occur at the Applicable Committee Meeting in 20__ 2019 (the “Deadline”), and if Certification does not occur by the Deadline, no Performance Shares shall be settled and all of Participant's rights under this Agreement shall be forfeited as of the Deadline.

Appears in 1 contract

Samples: Performance Shares Agreement (Henry Jack & Associates Inc)

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Performance Settlement. (i) The Performance Shares shall be settled in connection with Certification (as provided in Appendix A, but no earlier than any Scheduled Settlement Date). Settlement shall not occur if Certification does not occur at the Applicable Committee Meeting in 20__ 2015 (the “Deadline”), and if Certification does not occur by the Deadline, no Performance Shares shall be settled and all of ParticipantAwardee's rights under this Agreement shall be forfeited as of the Deadline.

Appears in 1 contract

Samples: Performance Shares Agreement (Henry Jack & Associates Inc)

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