Common use of Right to Payment of Performance Share Units Clause in Contracts

Right to Payment of Performance Share Units. It is understood that the percentage of the Target Award earned and paid will be established by the Committee based on the plan achievement (the “Plan Achievement”) during the period specified in the Notice of Grant (the “Award Period”). The Plan Achievement is comprised of, and is measured separately with respect to the components stated in the Notice of Grant. Actual payment of the Performance Share Units awarded will be determined for each component in accordance with the table attached hereto as Schedule “A.”

Appears in 6 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

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Right to Payment of Performance Share Units. It is understood that the percentage of the Target Award earned and paid will be established by the Committee based on the plan achievement (the “Plan Achievement”) during the period specified in the Notice of Grant (the “Award Period”). The Plan Achievement is comprised of, and is measured separately with respect to the components stated in the attached Notice of Grant. Actual payment of the Performance Share Units awarded will be determined for each component in accordance with the table attached hereto as Schedule “A.”

Appears in 4 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

Right to Payment of Performance Share Units. It is understood that the percentage of the Target Award earned and paid will be established by the Committee Subcommittee based on the plan achievement (the “Plan Achievement”) during the period Performance Period(s) specified in the Notice of Grant (the “Award Period” or “Performance Period”). The Plan Achievement is comprised ofExcept as otherwise provided in paragraph 3, and is measured separately with 4 or 5 below, at the end of a Performance Period, the number of Shares earned in respect to the components stated in the Notice of Grant. Actual payment of the Performance Share Units awarded will be determined for each component in accordance with the table attached hereto as Schedule “A.”Notice of Grant.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

Right to Payment of Performance Share Units. It is understood that the percentage of the Target Award earned and paid will be established by the Committee based on the plan achievement (the “Plan Achievement”) during the period specified in the Notice of Grant (the “Award Period”). The Plan Achievement is comprised ofcomprises, and is measured separately with respect to to, the components stated in the Notice of Grant. Actual payment following two components: (a) Net Sales Cumulative Annual Growth Rate (which shall represent 50% of the Performance Target Award); and (b) Earnings Per Share Units awarded will be determined for each component in accordance with Cumulative Annual Growth Rate (which shall represent 50% of the table attached hereto as Schedule “A.”Target Award).

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

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Right to Payment of Performance Share Units. It is understood that the percentage of the Target Award earned and paid will be established by the Committee based on the plan achievement (the “Plan Achievement”) during the period Performance Period specified in the Notice of Grant Xxxxx (the “Award Period”). The Plan Achievement is comprised ofExcept as otherwise provided in paragraph 3, and is measured separately with 4 or 5 below, at the end of the Performance Period, the number of Shares earned in respect to the components stated in the Notice of Grant. Actual payment of the Performance Share Units awarded will be determined for each component in accordance with the table attached hereto as Schedule “A.”notice of grant.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

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