Common use of Target Clause in Contracts

Target. If, upon the conclusion of the Performance Period (or the date of the Change in Control if Section 1(e)(ii) of this Exhibit A is applicable), RTSR for the Performance Period equals the target level, as set forth in the Performance Matrices, 100% of the PRSUs will become earned.

Appears in 3 contracts

Samples: Performance Based Restricted Share Unit Inducement Award Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Inducement Award Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)

AutoNDA by SimpleDocs

Target. If, upon the conclusion of the Performance Period (or the date of the Change in Control if Section 1(e)(ii) of this Exhibit A is applicable)Period, RTSR for the Performance Period equals the target level, as set forth in the Performance MatricesMatrix, 100% of the PRSUs will shall become earnedVested.

Appears in 2 contracts

Samples: Performance Based Restricted Share Units Award Memorandum (SITE Centers Corp.), Performance Based Restricted Share Units Award Agreement (SITE Centers Corp.)

AutoNDA by SimpleDocs

Target. If, upon the conclusion of the Performance Period (or the date of the Change in Control if Section 1(e)(ii) of this Exhibit A is applicable), RTSR for the Performance Period equals the target level, as set forth in the Performance Matrices, 100% of the PRSUs will shall become earned.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Agreement (TimkenSteel Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!