Common use of Vesting and Payment Clause in Contracts

Vesting and Payment. To the extent the performance objectives described in 2.(b)(i) below (collectively, the “Performance Objectives”) are satisfied as of the completion of the performance period for this Award (the “Performance Period”), this Award will become vested and free of restrictions in accordance with clause (ii) below, as of the date the Committee makes the certification referenced in clause (iii) below (the “Performance Vesting Date”), subject to the provision on Termination below. The Performance Period begins December 1, 2016 and ends November 30, 2019 and is also referred to as the “Fiscal Years 2017-2019 Performance Period.”

Appears in 3 contracts

Samples: Performance Share Unit Agreement, Performance Share Unit Agreement (IHS Markit Ltd.), Performance Share Unit Agreement (IHS Markit Ltd.)

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Vesting and Payment. To the extent the performance objectives described in 2.(b)(iSection 2(b)(i) below (collectively, the “Performance Objectives”) are satisfied as of the completion of the performance period for this Award (the “Performance Period”), this Award will become vested and free of restrictions in accordance with clause (iiSection 2(b)(ii) below, as of the date the Committee makes the certification determination referenced in clause (iiiSection 2(b)(iii) below (the “Performance Vesting Date”), subject to the provision on Termination of Service below. The Performance Period begins December 1, 2016 2018 and ends November 30, 2019 and is also referred to as the “Fiscal Years 2017-2019 Performance Period2021.

Appears in 2 contracts

Samples: Performance Share Unit Agreement, Performance Share Unit Agreement (IHS Markit Ltd.)

Vesting and Payment. To the extent the performance objectives described in 2.(b)(iSection 2(b)(i) below (collectively, the “Performance Objectives”) are satisfied as of the completion of the performance period for this Award (the “Performance Period”), this Award will become vested and free of restrictions in accordance with clause (iiSection 2(b)(ii) below, below as of the date of the Committee makes third anniversary of the certification referenced in clause (iii) below Grant Date (the “Performance Vesting Date”); provided that the Committee makes the determination referenced in Section 2(b)(iii) below, subject to the provision on Termination of Service below. The Performance Period begins December 1, 2016 2020 and ends November 30, 2019 and is also referred to as the “Fiscal Years 2017-2019 Performance Period2023.

Appears in 2 contracts

Samples: Performance Share Unit Agreement (IHS Markit Ltd.), Partner Unit Plan Performance Share Unit Agreement (IHS Markit Ltd.)

Vesting and Payment. To the extent the performance objectives described in 2.(b)(iSection 2(b)(i) below (collectively, the “Performance Objectives”) are satisfied as of the completion of the performance period for this Award (the “Performance Period”), this Award will become vested and free of restrictions in accordance with clause (iiSection 2(b)(ii) below, below as of the date of the Committee makes third anniversary of the certification referenced in clause (iii) below Grant Date (the “Performance Vesting Date”); provided that the Committee makes the determination referenced in Section 2(b)(iii) below, subject to the provision on Termination of Service below. The Performance Period begins December 1, 2016 2019 and ends November 30, 2019 and is also referred to as the “Fiscal Years 2017-2019 Performance Period2022.

Appears in 1 contract

Samples: Performance Share Unit Agreement (IHS Markit Ltd.)

Vesting and Payment. To the extent the performance objectives described in 2.(b)(iSection 2(b)(i) below (collectively, the “Performance Objectives”) are satisfied as of the completion of the performance period for this Award (the “Performance Period”), this Award will become vested and free of restrictions in accordance with clause (iithe vesting schedule set forth in the Grant Notice and Section 2(b)(ii) below, as of the date provided that the Committee makes the certification determination referenced in clause (iiiSection 2(b)(iii) below (the “Performance Vesting Determination Date”), subject to the provision on Termination of Service below. The Performance Period begins December 1, 2016 2020 and ends November 30, 2019 and is also referred to as the “Fiscal Years 2017-2019 Performance Period2023.

Appears in 1 contract

Samples: Partner Unit Plan Performance Share Unit Agreement (IHS Markit Ltd.)

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Vesting and Payment. To the extent the performance objectives described in 2.(b)(iSection 2(b)(i) below (collectively, the “Performance Objectives”) are satisfied as of the completion of the performance period for this Award (the “Performance Period”), this Award will become vested and free of restrictions in accordance with clause (iithe vesting schedule set forth in the Grant Notice and Section 2(b)(ii) below, as of the date provided that the Committee makes the certification determination referenced in clause (iiiSection 2(b)(iii) below (the “Performance Vesting Determination Date”), subject to the provision on Termination of Service below. The Performance Period begins December 1, 2016 2019 and ends November 30, 2019 and is also referred to as the “Fiscal Years 2017-2019 Performance Period2022.

Appears in 1 contract

Samples: Performance Share Unit Agreement (IHS Markit Ltd.)

Vesting and Payment. To the extent the performance objectives described in 2.(b)(i) below (collectively, the “Performance Objectives”) are satisfied as of the completion of the performance period for this Award (the “Performance Period”), this Award will become vested and free of restrictions in accordance with clause (ii) below, as of the date the Committee makes the certification determination referenced in clause (iii) below (the “Performance Vesting Date”), subject to the provision on Termination of Service below. The Performance Period begins December 1, 2016 2017 and ends November 30, 2019 and is also referred to as the “Fiscal Years 2017-2019 Performance Period2020.

Appears in 1 contract

Samples: Performance Share Unit Agreement (IHS Markit Ltd.)

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