PERFORMANCE UNIT ACHIEVEMENT. The number of Performance Units Achieved will be calculated as follows: Performance Units Achieved = Performance Units * Payout Percentage. The number of Performance Units Achieved is subject to satisfaction of the performance criteria set forth on Exhibit A over the period beginning on [Beginning Date] and ending on [Ending Date] (the “Performance Period”), and will be determined at the end of the Performance Period. If actual performance is below the Minimum performance level indicated, no Performance Units will be achieved. Each whole Performance Unit Achieved represents the right to receive one full Share at the time and in the manner described in this Award Agreement.
Appears in 4 contracts
Samples: Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co), Performance Unit Award Agreement (Scotts Miracle-Gro Co), Term Incentive Plan (Scotts Miracle-Gro Co)
PERFORMANCE UNIT ACHIEVEMENT. The number of “Performance Units Achieved Achieved” will be calculated as follows: Performance Units Achieved = Performance Units * Payout Percentage. The number of Performance Units Achieved Achieved, if any, is subject to satisfaction of the performance criteria set forth on Exhibit A over the period beginning on [Beginning Date] and ending on [Ending Date] (the “Performance Period”), and will be determined at the end of the Performance Period. If actual performance is below the Minimum performance level indicated, no Performance Units will be achieved. Each whole Performance Unit Achieved represents the right to receive one full Share at the time and in the manner described in this Award Agreement.
Appears in 2 contracts
Samples: Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co), Term Incentive Plan (Scotts Miracle-Gro Co)
PERFORMANCE UNIT ACHIEVEMENT. The number of “Performance Units Achieved Achieved” will be calculated as follows: Performance Units Achieved = Performance Units * Payout PercentagePercentage [(capped at __%)]. The number of Performance Units Achieved Achieved, if any, is subject to satisfaction of the performance criteria set forth on Exhibit A over the period beginning on [Beginning DateFirst Day of Performance Period] and ending on [Ending DateLast Day of Performance Period] (the “Performance Period”), and will be determined at the end of the Performance Period. If actual performance is below the Minimum performance level indicated, no Performance Units will be achieved. Each whole Performance Unit Achieved represents the right to receive one full Share at the time and in the manner described in this Award Agreement.
Appears in 1 contract
Samples: Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co)
PERFORMANCE UNIT ACHIEVEMENT. The number of “Performance Units Achieved Achieved” will be calculated as follows: Performance Units Achieved = Performance Units * Payout Percentage. The number of Performance Units Achieved Achieved, if any, is subject to satisfaction of the performance criteria set forth on Exhibit A over the period beginning on [Beginning Date] October 1, 2021 and ending on [Ending Date] September 30, 2024 (the “Performance Period”), and will be determined at the end of the Performance Period. If actual performance is below the Minimum performance level indicated, no Performance Units will be achieved. Each whole Performance Unit Achieved represents the right to receive one full Share at the time and in the manner described in this Award Agreement.
Appears in 1 contract
Samples: Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co)
PERFORMANCE UNIT ACHIEVEMENT. The number of "Performance Units Achieved Achieved" will be calculated as follows: Performance Units Achieved = Performance Units * Payout PercentagePercentage [(capped at __%)]. The number of Performance Units Achieved Achieved, if any, is subject to satisfaction of the performance criteria set forth on Exhibit A over the period beginning on [Beginning DateFirst Day of Performance Period] and ending on [Ending DateLast Day of Performance Period] (the “"Performance Period”"), and will be determined at the end of the Performance Period. If actual performance is below the Minimum performance level indicated, no Performance Units will be achieved. Each whole Performance Unit Achieved represents the right to receive one full Share at the time and in the manner described in this Award Agreement.
Appears in 1 contract
Samples: Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co)