Common use of PSU Allocation Clause in Contracts

PSU Allocation. The PSU’s shall be allocated to each performance goal set below as follows: (i) 33-1/3% of the PSU’s to the achievement of EBITDA Growth (as defined below) (the “EBITDA Shares”); (ii) 33-1/3% of the PSU’s to the achievement of EPS Growth (as defined below) (the “EPS Shares”); and (iii) 33-1/3% of the PSU’s to the achievement of Free Cash Flow (as defined below) (the “Free Cash Flow Shares”).

Appears in 3 contracts

Samples: Employment Agreement (Iconix Brand Group, Inc.), Employment Agreement (Iconix Brand Group, Inc.), Employment Agreement (Iconix Brand Group, Inc.)

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PSU Allocation. The For each Performance Period, the PSU’s shall be allocated to each performance goal set below as follows: (i) 33-1/3% of the PSU’s to the achievement of EBITDA Growth (as defined below) (the “EBITDA Shares”); (ii) 33-1/3% of the PSU’s to the achievement of EPS Growth (as defined below) (the “EPS Shares”); and (iii) 33-1/3% of the PSU’s to the achievement of Free Cash Flow (as defined below) (the “Free Cash Flow Shares”).

Appears in 1 contract

Samples: Employment Agreement (Iconix Brand Group, Inc.)

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PSU Allocation. The PSU’s shall be allocated to each performance goal set below as follows: (i) 33-1/350% of the PSU’s to the achievement of EBITDA Growth (as defined below) (the “EBITDA Shares”); (ii) 33-1/325% of the PSU’s to the achievement of EPS Market Capitalization Growth (as defined below) (the “EPS MCG Shares”); and (iii) 33-1/325% of the PSU’s to the achievement of Free Cash Flow Stock Price Growth (as defined below) (the “Free Cash Flow SPG Shares”).

Appears in 1 contract

Samples: Employment Agreement (Iconix Brand Group, Inc.)

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