Performance Period 1 definition

Performance Period 1 means (a) if the Closing occurs prior to January 1, 2004, calendar year 2004 or (b) if the Closing occurs on or following January 1, 2004, the period commencing on the first day of the fiscal quarter next following the fiscal quarter during which the Closing occurs and ending on the first anniversary thereof.
Performance Period 1 means the 18-month period commencing on the Effective Date (subject to adjustment as set forth below).
Performance Period 1 means the period from January 1, 2022 to and including December 31, 2022.

Examples of Performance Period 1 in a sentence

  • Employee shall be entitled to receive a Performance Bonus with respect to a Performance Period if the applicable EBITDA target (the “EBITDA Target”) for such Performance Period has been met: • With respect to Performance Period 1, if EBITDA for such Performance Period equals or exceeds $30 million.

  • The performance periods for the second tranche and the third tranche of Performance-Vesting RSUs shall be April 1, 2021 through March 31, 2022 (“Performance Period #2”) and April 1, 2022 through March 31, 2023 (“Performance Period #3,” and each of Performance Period #1, Performance Period #2, and Performance Period #3, a “Performance Period”), respectively.

  • Unless the Committee provides otherwise in the Award Agreement or subsequently, a Participant will forfeit all Performance-Based Awards if, before the end of a Performance Period: [1] His or her Service is Terminated involuntarily for Cause; or [2] He or she Terminates Service voluntarily.

  • The maximum threshold for Shared Savings in Performance Period 3 must be the same in Performance Period 1 and is limited to a maximum of 85% of the Target TCOC.

  • For example, if the Fundout-performs the Benchmark in the first Performance Period, a performance fee is accrued and paid at the end of Performance Period 1.


More Definitions of Performance Period 1

Performance Period 1 means the period commencing on the Vesting Commencement Date and ending on (and including) the day immediately prior to third anniversary of the Vesting Commencement Date.
Performance Period 1 means the time period commencing on January 1, 2015 and extending through December 31, 2015 provided however that such Performance Period 1 shall end earlier upon the date of any Change in Control occurring in 2015.
Performance Period 1 means the period from January 1, 2018 to and including December 31, 2018.
Performance Period 1 means the period from January 1, 2021 to and including December 31, 2021.
Performance Period 1 means, as applicable, January 1, 2015 to March 31, 2016 (or such other period of time as determined by the Compensation Committee).
Performance Period 1 means the period covering dates of service beginning January 1, 2017 and ending December 31, 2017.
Performance Period 1 means the period covering dates of service beginning January 1, 2018 and ending December 31, 2018.