Performance Vesting Requirement. The “Performance Vesting Requirement” means the achievement of the “Performance Goals,” which are performance criteria established by the Committee pursuant to Section 8 of the Plan and set forth in Appendix A attached hereto.
Performance Vesting Requirement. (a) The “Performance Period” for the Award shall be the 3-year period commencing on January 1, 2023 and ending on December 31, 2025. The Award shall be subject to performance vesting requirements based upon the achievement of the Company’s performance goals as established by the Committee under the EIP and subject to certification of the degree of achievement of such performance measures by the Committee.
Performance Vesting Requirement. (a) The “Performance Period” for this Award shall be the 36-month period commencing on January 1, 2006 and ending on December 31, 2008. The Award shall be subject to performance vesting requirements based upon the achievement of the Performance Target specified below, subject to certification of the degree of achievement of such Performance Target by the Committee pursuant to Section 7 of the Plan.
Performance Vesting Requirement. (A) The RSUs shall, so long as the Employee remains employed with the Company or its Subsidiaries through the Vesting Date (or the provisions of Section 2(a)(i) otherwise apply), vest on the Vesting Date in an amount equal to the product of (1) the Target RSU Award and (2) the applicable Total Shareholder Return Multiplier, as determined under Schedule I attached hereto and incorporated by reference herein.
Performance Vesting Requirement. (A) The MSUs shall, so long as the Employee remains employed with the Company or its Subsidiaries through the Vesting Date (or the provisions of Section 2(a)(i)(B) or
Performance Vesting Requirement. (A) The Performance-Based RSUs shall, so long as the Employee remains employed with the Company or its Subsidiaries through the Vesting Date (or the provisions of Section 2(a)(i)(C) otherwise apply), vest on the Vesting Date as follows: up to 100% of the Maximum Performance-Based RSUs awarded hereunder shall become vested if and to the extent that, during the Performance Period, (x) the 2010 Actual Adjusted EBITDA, as compared to the 2010 Budgeted Adjusted EBITDA, and (y) the 2010 Actual Adjusted EPS, as compared to the 2010 Budgeted Adjusted EPS, is achieved, in each case by certain specified percentages, relative to a targeted 2010 Budgeted Adjusted EBITDA amount (the “2010 EBITDA Target”) and a 2010 Budgeted Adjusted EPS amount (the “2010 EPS Target”), respectively, all as set forth on Schedule I attached hereto and incorporated by reference herein.
Performance Vesting Requirement. The “Performance Vesting Requirement” means the performance-based vesting Restrictions for the Performance Units. The Performance Vesting Requirement shall be satisfied by the achievement of the “Performance Goal,” which is performance criteria established by the Committee pursuant to Article XI of the Plan and set forth in Appendix A attached hereto. Within 75 days after the end of the 20[__] calendar year, the Committee will review and analyze Approach’s performance for the 20[__] calendar year and determine whether the Performance Vesting Requirement has been satisfied. If the Committee determines that the Performance Vesting Requirement has been satisfied, the Committee will certify the achievement of the Performance Goal for the 20[__] calendar year and then the Time Vesting Requirement in Section 2(a)(ii) below will be the remaining Restriction applicable to the Performance Units; for the avoidance of doubt, except as provided in Section 2(c), no Performance Units shall become vested and no payments with respect to Performance Units shall be made prior to satisfaction of the Time Vesting Requirement applicable to such Performance Units. If the Committee determines that the Performance Vesting Requirement has not been satisfied, (i) the Participant shall have no rights whatsoever in and to any cash settlement in respect of any of the Performance Units, (ii) all of the Performance Units shall automatically revert to Approach at no cost and (iii) neither the Participant nor any of his or her heirs, beneficiaries, executors, administrators or other personal representatives shall have any rights with respect thereto. The Committee’s certification of the achievement of the Performance Goal will be effective as of [__], 20[__], regardless of any delay in the Committee’s determination of whether the Performance Goal was satisfied for the 20[__] calendar year. The Committee shall have the sole discretion for determining whether the Performance Vesting Requirement has been satisfied and any such determination shall be conclusive.
Performance Vesting Requirement. (a) The “
Performance Vesting Requirement. The Performance Restricted Stock Unit Award shall, so long as the Employee remains employed with the Company or its Subsidiaries through the Vesting Date (or the provisions of Section 2(a)(iii) otherwise apply), vest on the Vesting Date as follows:
Performance Vesting Requirement. The Performance Stock Units subject to this Award (the “PSUs”) shall performance vest based on performance during the Performance Period as set forth in Exhibit A.
