Common use of Target Number of Performance Shares Clause in Contracts

Target Number of Performance Shares. The actual number of Shares that may become issuable pursuant to the Performance Shares subject to this Agreement will be determined in accordance with the performance-vesting and Continuous Service vesting provisions of attached Schedule I. For purposes of the applicable calculations under Schedule I, the target number of Performance Shares to be utilized is [______] shares (the “Target Shares”). The Performance Shares will be divided into three separate Tranches with one third (1/3) of the Target Shares allocated to each such Tranche.

Appears in 1 contract

Samples: Performance Share Award Agreement (Gilead Sciences, Inc.)

AutoNDA by SimpleDocs

Target Number of Performance Shares. The actual number of Shares that may become issuable pursuant to the Performance Shares subject to this Agreement will be determined in accordance with the performance-vesting and Continuous Service vesting provisions of attached Schedule I. For purposes of the applicable calculations under Schedule I, the target number of Performance Shares to be utilized is [______] shares (the “Target Shares”). The Performance Shares will be divided into three separate Tranches with one third (1/3) of the Target Shares allocated to each such Tranche.

Appears in 1 contract

Samples: Performance Share Award Agreement (Gilead Sciences, Inc.)

Target Number of Performance Shares. The actual number of Shares that may become issuable pursuant to the Performance Shares subject to this Agreement will be determined in accordance with the performance-vesting and Continuous Service vesting provisions of attached Schedule I. For purposes of the applicable calculations under Schedule I, the target number of Performance Shares to be utilized is [______] _ shares (the “Target Shares”). The Performance Shares will be divided into three separate Tranches with one third (1/3) of the Target Shares allocated to each such Tranche.

Appears in 1 contract

Samples: Performance Share Award Agreement (Gilead Sciences, Inc.)

AutoNDA by SimpleDocs

Target Number of Performance Shares. The actual number of Shares that may become issuable pursuant to the Performance Shares subject to this Agreement will be determined in accordance with the performance-vesting and Continuous Service vesting provisions of attached Schedule I. For purposes of the applicable calculations under Schedule I, the target number of Performance Shares to be utilized is [______] shares (the “Target Shares”). The Performance Shares will be divided into three separate Tranches with one third (1/3) of the Target Shares allocated to each such Tranche.

Appears in 1 contract

Samples: Performance Share Award Agreement (Gilead Sciences, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.