Common Contracts

2 similar Performance Stock Unit Agreement contracts by SPS Commerce Inc

SPS COMMERCE, INC. 2010 EQUITY INCENTIVE PLAN Performance Stock Unit Agreement
Performance Stock Unit Agreement • February 21st, 2023 • SPS Commerce Inc • Services-prepackaged software • Delaware

In this example, the difference between the relevant PMPs (100% - 80%) is multiplied by a fraction whose numerator is the difference between the Company’s actual performance (22%) and the performance that corresponds to an 80% PMP (20%), and denominator is the amount of performance improvement that would increase the PMP from 80% to 100% (5 percentage points).

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SPS COMMERCE, INC. 2010 EQUITY INCENTIVE PLAN Performance Stock Unit Agreement
Performance Stock Unit Agreement • November 25th, 2022 • SPS Commerce Inc • Services-prepackaged software • Delaware

In this example, the difference between the relevant PMPs (100% - 80%) is multiplied by a fraction whose numerator is the difference between the Company’s actual performance (22%) and the performance that corresponds to an 80% PMP (20%), and denominator is the amount of performance improvement that would increase the PMP from 80% to 100% (5 percentage points).

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