Final Performance Period definition

Final Performance Period. With respect to a complete withdrawal of Managed Assets by the Fund during the Transitional Period, the Final Performance Period shall be the period commencing on the Start Date through the date of the complete withdrawal of the Managed Assets from the Manager. With respect to a complete withdrawal of Managed Assets by the Fund during the Post-Transitional Period, the Final Performance Period shall be the period that is 36 full calendar months prior to the date of the complete withdrawal of the Managed Assets from the Manager plus the partial month through such withdrawal date.
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Final Performance Period. With respect to any withdrawal of Sub-Account II Managed Assets by the Fund during the Transitional Period, the Final Performance Period shall be the period commencing on the Effective Date through the date of the complete withdrawal of the Sub-Account II Managed Assets from the Manager. With respect to any withdrawal of Sub-Account II Managed Assets by the Fund during the Post-Transitional Period, the Final Performance Period shall be the period that is 60 full calendar months prior to the date of the complete withdrawal of the Sub-Account II Managed Assets from the Manager plus the partial month through such withdrawal date.
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Final Performance Period means the three-year period commencing on February 1, 2003 and ending on January 31, 2006.
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Examples of Final Performance Period in a sentence

  • In such event, there shall not be any further adjustment of the Initial Number of PRSUs pursuant to a Final Performance Period or otherwise.

  • If, however, the Company’s Relative TSR for the Final Performance Period is -125 basis points, no additional RSUs would vest in January 2023.

  • However, if the Company’s Relative TSR for the Final Performance Period is less than 100 basis points, the Initial Number of PRSUs shall be reduced by a percentage determined on a straight line basis between no reduction at 100 basis points and a 25% reduction at -100 basis points.

  • In addition and notwithstanding the table above, if the Company’s Relative TSR for the Final Performance Period is 100 basis points or greater, the Initial Number of PRSUs shall not be reduced if the number of Target Performance-Vest RSUs determined pursuant to the foregoing table based on performance for the Final Performance Period would be less than the Initial Number of PRSUs (in which case the Final Number of PRSUs will equal the Initial Number of PRSUs).

  • If for the Final Performance Period the Executive achieves a minimum performance threshold (i.e., neither performance threshold was achieved during the Initial Performance Period) or achieves a result greater than the result achieved for the Initial Performance Period, Executive shall receive a supplemental Outperform Shares Award in the amount and manner next described.

  • If the Company’s Relative TSR for the Final Performance Period is 125 basis points, the Initial Number of PRSUs will not be adjusted and 38 RSUs will be scheduled to vest in January 2023 (which is the remaining 25% of the Initial Number of PRSUs).

  • If, however, the Company’s Relative TSR for the Final Performance Period is 250 basis points, the Final Number of PRSUs will equal 175 (which is 175% of the Target Performance-Vest RSUs) and, therefore, 63 RSUs will be scheduled to vest in January 2023 (175 less the 112 Initial Number of PRSUs that have already vested).

  • Except as explicitly provided in Section 8 of this Agreement, Executive shall not be entitled to any Outperform Share award under this Section 5(d) if he ceases to be an employee of the Company prior to the end-date of the Initial Performance Period and, if he ceases to be an employee of the Company prior to the Final Performance Period, Executive shall not be entitled to a supplemental award of Outperform Shares.

  • If, however, the Company’s Relative TSR for the Final Performance Period is 50 basis points, the Final Number of PRSUs will equal 140 (the Initial Number of PRSUs reduced by 6.25%, rounded down to the nearest whole RSU) and, therefore, 28 RSUs will be scheduled to vest in January 2023 (140 less the 112 Initial Number of PRSUs that have already vested).

  • The award shall have a value equal to (i) minus (ii), where (i) is the Outperform Shares Award corresponding to the Final Performance Period, and (ii) is the Outperform Shares Award corresponding to the Initial Performance Period.