Common use of Target Award Clause in Contracts

Target Award. Vesting and payment of the Target Award shall be subject to achievement by the Company as of the last trading day prior to the end of the applicable Performance Period of the Performance Goal with respect to CAFD, as defined and calculated in accordance with Section 11 hereof, according to the following table: The number of PSUs that will vest if the Committee determines and certifies the Company’s achievement of an Adjusted CAFD Growth performance level between Adjusted CAFD Growth Performance Goals will be determined by linear interpolation.

Target Award. Vesting and payment of the Target Award shall be subject to achievement by the Company SemCAMS as of the last trading day prior to the end of the applicable Performance Period of the Performance Goal with respect to CAFD, as defined and calculated in accordance with Section 11 hereof, according to the following table: The number of PSUs that will vest if the Committee determines and certifies the Company’s achievement of an Adjusted a CAFD Growth performance level between Adjusted CAFD Growth Performance Goals will be determined by linear interpolation.

Target Award. Vesting and payment of the Target Award shall be subject to achievement by the Company as of the last trading day prior to the end of the applicable Performance Period of the Performance Goal with respect to CAFD/Share, as defined and calculated in accordance with Section 11 hereof, according to the following table: The number of PSUs that will vest if the Committee determines and certifies the Company’s achievement of an Adjusted CAFD Growth a CAFD/Share performance level between Adjusted CAFD Growth CAFD/Share Performance Goals will be determined by linear interpolation.