Examples of Relevant Performance Period in a sentence
The amount of the catch-up payment will be equal to the excess of (i) the aggregate Quarterly Bonus payable for such Relevant Performance Period based on the achievement of the applicable Cumulative Performance Goals for such Relevant Period over (ii) the aggregate amount of Quarterly Bonuses previously paid to Executive and the amount payable to Executive under Section 2(a) above for the Relevant Performance Period.
A performance fee is calculated by reference to the increase in the Net Asset Value per Share (as defined below) as at the relevant Performance Fee Valuation Day and payable as soon as practicable after the end of each Relevant Performance Period.
Method to deliver the Company’s shares Under the Plan, the Company will deliver the Company’s common shares to Executives and Employees following the end of the predefined Relevant Performance Period in return for provision as contribution in kind of monetary compensation claims against the Company granted to the Executives and Employees of the Company and its wholly owned subsidiaries as the Planned Allottees.
The Company will allot shares of the Company according to the predefined method to the Executives and Employees on the condition that they hold the position of Executive or Employee, there has been no notice of resignation, dismissal, or the like, and they are not subject to any disciplinary proceedings during the predefined Relevant Performance Period.
Therefore an Ambitious scenario of 35% reuse/preparation for reuse of textiles in Europe by 2030 could avoid around 13 million tonnes of GHG and up to 30 million litres of water usage, equivalent to a week’s worth of daily water usage by almost 30,000 people43, based solely on the cotton and wool elements.
The amount of the catch-up payment will be equal to the excess of (i) the aggregate Quarterly Performance Incentive payable for such Relevant Performance Period based on the achievement of the applicable Cumulative Performance Goals for such Relevant Period over (ii) the aggregate amount of Quarterly Performance Incentives previously paid to the Participant and the amount payable to the Participant under Section 6(a)(i) above for the Relevant Performance Period.
The foregoing applies also to comprehensive and partial inspections of the received service in the subsequent course of business by us.
As the VWAP of the Company’s shares for the five trading days up to and including the end of the Relevant Performance Period is currently unknown, the maximum number of Deferred Share Rights (if any) to be granted to Mr Lowe cannot be specified.
If during a Relevant Performance Period a general meeting of shareholders, etc.
The Board has set performance targets for Mr Lowe for the Relevant Performance Period against which his entitlement to a grant under the STI plan will be measured.