Stock Price Hurdles Sample Clauses

Stock Price Hurdles. (i) During the Performance Period, the PSUs shall become Earned PSUs and will be eligible to vest in four vesting tranches (each, a “Vesting Tranche”) as set forth in the table below, in each case, based upon satisfaction of the applicable stock price hurdle set forth in the table below (each, a “Stock Price Hurdle”).
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Stock Price Hurdles. The Performance Goal that will be used to determine the Eligible Units under this Award will consist of achievement of specified stock price hurdles (“Stock Price Hurdles”). The following table sets forth the percentage of the Target Number of Shares Subject to Restricted Stock Units that will become Eligible Units depending on whether the Stock Price measured on a Measurement Date (as defined below) or the CIC Measurement Date (as defined below) satisfies the Stock Price Hurdle specified opposite such percentage: Level* Stock Price Hurdles Percent of Target Number of Shares Subject to Restricted Stock Units that Become Eligible Units** 1. Below $85.00 0% 2. $85.00 0% 3. $100.00 50% 4. $115.00 100% 5. $140.00 150%

Related to Stock Price Hurdles

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Vesting Date All remaining shares of Restricted Stock will become vested on the Vesting Date.

  • Market Capitalization At the time the Registration Statement was or will be originally declared effective, and at the time the Company’s most recent Annual Report on Form 10-K was filed with the Commission, the Company met or will meet the then applicable requirements for the use of Form S-3 under the Securities Act, including, but not limited to, General Instruction I.B.1

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