Common use of Performance Vesting Terms Clause in Contracts

Performance Vesting Terms. The Performance Stock is conditionally granted as a target award (the “Target Award”) subject to a performance period (the “Performance Period” described below), and in consideration for the services which the Participant is to render the Company over the vesting period during the Performance Period. The Performance Stock is subject to all of the terms and conditions set forth in this Agreement and the Plan.

Appears in 3 contracts

Samples: Stock Award Agreement (Contango Oil & Gas Co), Stock Award Agreement (Contango Oil & Gas Co), Stock Award Agreement (Contango Oil & Gas Co)

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Performance Vesting Terms. The Performance Stock is conditionally granted as a target award (the “Target Award”) subject of which 0% to a [ ]% of such Target Award may be earned based attainment on of the performance goals described below over the performance period (the “Performance Period” described below), and in consideration for the services which the Participant is to render the Company over the vesting period during the Performance Period. The Performance Stock is subject to all of the terms and conditions set forth in this Agreement and the Plan.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Contango Oil & Gas Co)

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