Performance Period 2 definition

Performance Period 2 means the 18-month period immediately following the completion of Performance Period 1 (subject to adjustment as set forth below).

Performance Period 2 means (a) if the Closing occurs prior to January 1, 2004, calendar year 2005 or (b) if the Closing occurs on or following January 1, 2004, the period commencing on the first day next following the end of Performance Period 1 and ending on the first anniversary thereof.

Performance Period 2 means the period from January 1, 2023 to and including December 31, 2023.

Examples of Performance Period 2 in a sentence

• Once approved, this Plan shall continue until the earlier of: 1) the end of the Performance Period, 2) termination of the Plan as described in the “Amendment and Termination Provisions” section below, or 3) termination of Participant from the Company’s employ, with respect to that Participant.

• Awards are earned based on the Relative TSR in each of the 1 Year TSR Performance Period, 2 Year Relative TSR Performance Period and 3 Year Relative TSR Performance Period.

• An Officer will not be entitled to receive an Award under the Plan unless the Officer (1) remains employed through the end of the Performance Period, (2) incurs a Qualifying Change in Control Termination prior to the end of the Performance Period or (3) incurs a Separation from Service prior to the last day of the Performance Period for the reasons set forth in this paragraph.

• Whether and to what degree the Units are earned will be determined by the relationship between the Company’s total shareholder return performance relative to that of a benchmark index during three performance periods: Performance Period 1 will start on December 1, 2015 and end on November 30, 2016, Performance Period 2 will start on December 1, 2015 and end on November 30, 2017, and Performance Period 3 will start on December 1, 2015 and end on November 30, 2018 (each, a “Performance Period”).

• The portion of the Target Award Payment that will be eligible for payment relating to Performance Period 2 is calculated as follows: [(Annualized run-rate synergies achieved (up to a maximum of $234M) - $204M) / $15M] x 75% x Target Award Payment If the annualized run-rate synergies achieved for Performance Period 2 are less than the Threshold Goal for such period, no portion of the Target Award Payment will be paid relating to Performance Period 2.

More Definitions of Performance Period 2

Performance Period 2 means the period from January 1, 2019 to and including December 31, 2019.

Performance Period 2 means the period from January 1, 2022 to and including December 31, 2022.

Performance Period 2 means the time period commencing on January 1, 2016 and extending through December 31, 2016 provided however that such Performance Period 2 shall end earlier upon the date of any Change in Control occurring in 2016.

Performance Period 2 means the period commencing on the Vesting Commencement Date and ending on (and including) the day immediately prior to fourth anniversary of the Vesting Commencement Date.

Performance Period 2 means the two- year period from « » through « ».

Performance Period 2 means the period covering dates of service beginning January 1, 20232 and ending December 31, 2023.

Performance Period 2 means the period covering dates of service beginning January 1, 2019 and ending December 31, 2019.