FFO Performance Period definition

FFO Performance Period means the period beginning on January 1 and ending on December 31. Note that the Compensation Committee may use reasonable estimates for FFO (if available and as necessary) for the month of December (as of November 30) to effectuate vesting prior to calendar year-end, consistent with prior years.
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FFO Performance Period means the period beginning on January 1, 2023 and ending on December 31, 2023.
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FFO Performance Period means each of (i) January 1, ___ through December 31, ____, (ii) January 1, ____ through December 31, ______ and (iii) January 1, ______ through December 31, ____.
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Examples of FFO Performance Period in a sentence

  • Subject to clauses (b), (c) and (d) and Section 2 below, the Shares shall vest based on the Company’s FFO Per Share performance for the FFO Performance Period and the Company’s Relative TSR Performance (as defined below) for the TSR Performance Periods.

  • Payout Level FFO Per Share Performance for the FFO Performance Period FFO Performance Multiplier The Administrator retains the discretion to adjust the FFO Performance Multiplier to address events or circumstances that are extraordinary or unusual in nature or infrequent in occurrence or that otherwise have an unintended effect on the calculation of the FFO Performance Multiplier, including, without limitation, debt or equity financings and pandemic-related events.

  • Any Unreleased Shares which do not vest pursuant to Section 1 above (or which are no longer eligible to vest pursuant to this Exhibit C for any future TSR Performance Period after the completion of the FFO Performance Period or a TSR Performance Period) shall automatically and without further action be cancelled and forfeited by Participant, and Participant shall have no further right or interest in or with respect to such Unreleased Shares.

  • The “FFO Performance Multiplier” means, for the FFO Performance Period, the performance multiplier determined pursuant to the chart below based on the Company’s FFO Per Share performance for such FFO Performance Period.

  • An “FFO Performance Multiplier” will be determined based on the Company’s FFO Per Share performance for the FFO Performance Period.

  • The Administrator shall approve the threshold, target and maximum payout level objectives for purposes of the table below based on the Company’s FFO per Share range for the FFO Performance Period as reasonably determined by the Company based on internal forecasts provided by the Company for approval by the Administrator prior to February 15, 2023.

  • The “TSR Performance Multiplier” means, for each TSR Performance Period, the performance multiplier determined pursuant to the chart below based on the Company’s FFO Performance Multiplier for the FFO Performance Period and the Company’s Relative TSR Performance relative to the Index for such TSR Performance Period.

  • An “FFO Performance Multiplier” will be determined based on the Company's FFO Per Share performance for the FFO Performance Period.

  • For each of the TSR Performance Periods, such number of Shares shall vest on the applicable Determination Date based on the Company's FFO Performance Multiplier for the FFO Performance Period and the Company’s Relative TSR Performance for such TSR Performance Period as is determined by multiplying (i) the Target Shares, by (ii) one-third (1/3), by (iii) the TSR Performance Multiplier (as determined below) for such TSR Performance Period (rounded to the nearest whole Share).

  • The Administrator shall approve the threshold, target and maximum payout level objectives for purposes of the table below based on the Company’s FFO per Share range for the FFO Performance Period as reasonably determined by the Company based on internal forecasts provided by the Company for approval by the Administrator prior to February 15, 2024.

Related to FFO Performance Period

  • Performance Period means the one or more periods of time, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance Compensation Award.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.