Examples of Performance Measurement Period in a sentence
In the case of and subject to the consummation of a Sale Event after the end of the Performance Measurement Period but prior to the Vesting Date, provided that the Grantee remains an employee of the Company or a Subsidiary through the date of such Sale Event except as otherwise provided herein, the Administrator shall determine the number of Earned Shares to be issued to the Grantee in accordance with the provisions of Paragraph 2.
The Company’s relative performance ranking in #Metric1#, #Metric2# and #Metric3# over the entire Performance Measurement Period will be used to determine the actual number of Earned Shares pursuant to the following table: Company’s Performance vs.
SNL Index of banks and thrifts located in New England and Mid-Atlantic with assets of #PeerGroupSize# as constituted at the beginning of the Performance Measurement Period or Shortened Performance Measurement Period, as applicable.
Performance will be assessed as available for the Shortened Performance Measurement Period.
Notwithstanding the foregoing, in the event the Sale Event occurs prior to the completion of at least one full calendar quarter in the Shortened Performance Measurement Period no shares will become Earned Shares and no shares of Stock will be issued to the Grantee pursuant to this Award.