Common use of Vesting and Settlement of Performance Shares Clause in Contracts

Vesting and Settlement of Performance Shares. The Performance Shares will be earned based on the Company’s performance against the three performance metrics outlined below for the period beginning January 1, 2022 and ending December 31, 2024 (the “Performance Cycle”).

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Flowserve Corp)

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Vesting and Settlement of Performance Shares. The Performance Shares will be earned based on the Company’s performance against the three performance metrics outlined below for the period beginning January 1, 2022 ____ and ending December 31, 2024 ____ (the “Performance Cycle”).

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Flowserve Corp)

Vesting and Settlement of Performance Shares. The Performance Shares will be earned based on the Company’s performance against the three performance metrics outlined below for the period beginning January 1, 2022 2023 and ending December 31, 2024 2025 (the “Performance Cycle”).

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Flowserve Corp)

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Vesting and Settlement of Performance Shares. The Performance Shares will be earned based on the Company’s performance against the three performance metrics outlined below for the period beginning January 1, 2022 2024 and ending December 31, 2024 2026 (the “Performance Cycle”).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Flowserve Corp)

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